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Join the Securities Litigation and Enforcement Group on LinkedInThe SEC is Reading Your Hot Takes: The Pitfalls of Material Misrepresentations Following Negative News | Arent Fox
On March 12, 2019, the Securities and Exchange Commission announced it charged Lumber Liquidators Holdings Inc. with securities fraud for making fraudulent misstatements to investors. The charges illustrate the perennial danger of misleading filings and highlight the SEC’s scrutiny over responses to negative press. In light of this enforcement, the consequences of hastily — or fraudulently […]
SEC Charges Biotech Company With Fraudulently Hyping Stem Cell Technology
SEC files an enforcement action against CellCyte Genetics Corporation and two executives.