SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act
Green Car Congress
JUNE 1, 2013
Scuderi Group found these potential investors by, among other things, conducting hundreds of roadshows across the US; hiring a registered broker-dealer to find investors; and paying numerous intermediaries to encourage people to attend meetings that Scuderi Group arranged for potential investors. —SEC order (Release NÂș 33-9407).
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