SEC Accuses Digital Media Co. Of Inflating App Downloads
By John Petrick ( November 16, 2018, 11:11 PM EST) -- A New York-based digital media company and its former managers consented to fines and other sanctions in settling a civil U.S. Securities and Exchange Commission complaint filed Thursday accusing them of inflating the firm's value by paying a marketer to generate more than 500,0000 downloads of the company's mobile app and other deceptive acts....
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