InvestorsHub Logo
icon url

janice shell

09/22/18 4:12 PM

#9110 RE: Long-N-Strong #9109

The SEC doesn't seem to overlook violations regardless of when they occurred.

I've never seen an action like this one before. It seems to be a new interest for them. Note also that they didn't just post a litigation notice: they issued a PR about it. I think they're trying to send a message to other issuers who've done the same.

Of the five companies, all settled for a $25K fine, except for IFXY, which paid $50K.