Still facing 2-year-old consumer fraud charges stemming from an alleged vending machine scam, San Francisco deal-broker Edward Durante added more legal troubles to his portfolio Tuesday. The SEC slapped him and three others with a civil complaint alleging stock fraud and manipulation. The action in San Francisco was part of a coordinated, national sweep by the SEC of microcap stock fraud activities. Nationally, 82 people were slapped with lawsuits in the second such move by the SEC.
August 04, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Still facing 2-year-old consumer fraud charges stemming from an alleged vending machine scam, local deal-broker Edward Durante added more legal troubles to his portfolio Tuesday.
The Securities and Exchange Commission slapped him and three others with a civil complaint alleging stock fraud and manipulation.
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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