The SEC has released it's findings...ironically it's Mindy Wang and Jeff Watson that get the fines and suspensions. Jimmy Wang escapes punishment because he turns States witness and rats everyone out to save his hide.
Fines are rather small considering the offenses. Lots of new information including failed buyouts of the company during 2012. No information on what is planned for the remainder of the company that generated 20% of WEMU's total revenues. Or if they ever plan on resusitating the stock which means figuring out how to get the revoked staus lifted.
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