In 2012, it brought suit against Edward Bronson and his firm E-Lionheart, which also did business as Fairhills Capital...The case is still in its fairly early stages, but Bronson hasn't given up. He's replaced E-Lionheart with Exelerate Group and another entity called Deer Valley Management.
In the past two years, the SEC has been cracking down on fraudulent opinions, making life difficult for the financiers. In 2012, it brought suit against Edward Bronson and his firm E-Lionheart, which also did business as Fairhills Capital, alleging that Bronson had bought shares from approximately 100 penny companies at very deep discounts, and had then resold them immediately, without registration or any valid exemption from registration. The case is still in its fairly early stages, but Bronson hasn't given up. He's replaced E-Lionheart with Exelerate Group and another entity called Deer Valley Management.
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