Today, SEC securities lawyers filed an array of enforcement lawsuits in the Southern District of Florida against penny stock companies, their officers, and penny promoters in schemes involving bribes and kickbacks paid to “hype microcap stocks and illegally generate stock sales.” The companies at issue include Angel Acquisition Corp. (AGEL), Clean Coal Technologies Inc. (CCTC), Cotton & Western Mining Inc.( CWRN), Delivery Technology Solutions Inc. (DTSL), Optimized Transportation Management Inc. (OPTZ), Sure Trace Security Corp. (SSTY), US Farms Inc. (USFM), Wound Management Technologies Inc. (WNDM).
SEC Files Securities Fraud Lawsuits Against Penny Stock Companies & Their Promoters
June 5, 2012 By
