November 01, 2016 BY Valentina Kirilova

Energy company co-founder charged in manipulation scheme

The Securities and Exchange Commission (SEC) charged the co-founder of a Minnesota-based energy company with manipulating its stock price and concealing his control of the company to attain lucrative financial payouts. The company’s other co-founder agreed to pay nearly $8 million to settle separate charges against him. Three others also are charged in the case.…

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