Friday, March 15, 2013 2:06:33 PM
http://www.sec.gov/news/press/2013/2013-39.htm
"The SEC is seeking to have the defendants return their allegedly ill-gotten gains, with interest, and to bar Carrillo, Huettel, de Beer, John Kirk, Benjamin Kirk, Boyle, and Hinton from participating in penny stock offerings and from serving as public company officers or directors. The SEC is seeking civil monetary penalties from the attorneys, their law firm, and from de Beer."
Not sure what this means for those that lost money but at least they're not getting away with it.
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