Replies to post #556907 on $Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

Last Night>JOE< St. Joe -9.1% after SEC Wells notice

The SEC opened an investigation more than four years ago into St. Joe's (NYSE:JOE) accounting practices surrounding impaired property assets, and one week ago the company received a "Wells Notice" from the agency, suggesting it's leaning towards filing a formal charge.
All allegations are related to company actions taken prior to the 2011 replacement of the board, the CEO, and the CFO.