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janice shell

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Re: nodummy post# 5447

Wednesday, 03/02/2011 10:26:24 PM

Wednesday, March 02, 2011 10:26:24 PM

Post# of 233763
The answer also claims there is no evidence that any of the stocks mentioned in the charges were fraudulent. The SEC has allowed each one to continue trading. If investors did suffer any losses, then the SEC failed to mitigate any damages because it allowed people to continue buying shares in companies that it knew were fraudulent, the answer states.

Really? The SEC suspended PrimeGen and Supatcha. What message does that send?
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