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: Securities Law Prof Blog

SEC Charges Pegasus Wireless Officers with Pump & Dump Scheme

By Securites Lawprof

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The SEC filed securities fraud charges against Pegasus Wireless Corporation, former CEO Jasper Knabb, and CFO Stephen Durland alleging they defrauded investors by illegally selling millions of Pegasus shares they secretly controlled and lying about the transactions in company filings....

Full post as published by Securities Law Prof Blog on May 28, 2009 (boomark / email).

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