Securities and Exchange Commission v. Lefkowitz et al

  1. January 02, 2014

    Advanced Cell Agrees To Pay $4M Over Alleged Stock Scheme

    Advanced Cell Technology Inc. on Monday agreed to pay $4.1 million to resolve allegations by the U.S. Securities and Exchange Commission that the biotechnology firm issued unregistered penny stocks through sham legal settlements in a long-running scheme.

  2. May 31, 2012

    SEC Sues Unico, Advanced Cell Over Alleged Stock Scheme

    Mining company Unico Inc. and biotechnology firm Advanced Cell Technology Inc. issued unregistered penny stocks through sham legal settlements in a long-running scheme, the U.S. Securities and Exchange Commission said Wednesday in a federal lawsuit in Florida.

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