Tag Archives: David H. Stern

SEC Charges Florida Penny Stock Promoter With Three Counts of Securities Fraud

January 30, 2012  |   Posted by :   |   Investment and Regulatory News, Securities Fraud   |   0 Comments

Penny stock promoter First Resource Group LLC and its principal David H. Stern were charged with three counts of fraud by the Securities and Exchange Commission (SEC) in a complaint filed on Jan. 26. The SEC Complaint Stern and his Florida company fraudulently manipulated the market for the stock of two small, thinly traded companies, […]

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