Posts Tagged “Penny Stock”
by The Compliance Exchange on January 10, 2013
Former Spongetech CEO Michael Metter will get a slap on the wrist after prosecutors made a major misstep in their case against the penny-stock pump-and-dump scheme.
by James Welsh on December 10, 2012
Canadian John Zanic was fined and barred by the SEC from ever again participating in penny stock public offerings after a bribery fraud.
by Beth Connolly on May 4, 2012
Ross Mandell, former CEO of Sky Capital LLC and convicted con man, was sentenced to twelve years in prison Thursday by Judge Paul Crotty, the Huffington Post reports. He also has to forfeit $50 million.