Pegasus, RCF Accused Of $1.5B Molycorp Pump-And-Dump
By Kelly Rizzetta ( February 22, 2012, 4:52 PM EST) -- Shareholders of rare earth oxide producer Molycorp Inc. on Tuesday launched a derivative suit accusing the company's board and private equity backers RCF Management LLC and Pegasus Capital Advisors LP of orchestrating a pump-and-dump scheme that netted more than $1.5 billion in ill-gotten gains for the alleged perpetrators....
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