Wednesday, April 23, 2014

SEC Obtains Preliminary Injuntion Against John Babikian

Securities Lawyer 101 Blog On April 20, 2014, the Securities and Exchange Commission (the SEC ) was granted an injunction imposing an asset freeze against penny stock promoter, John Babikian.  Babikian is charged with securities fraud.  The Court stated, There is a high risk that, unless enjoined, Babikian may commit the alleged fraudulent acts again, given his control of penny stock... Read More
http://www.securitieslawyer101.com/sec-obtains-preliminary-injuntion-john-babikian/

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