Colo. Biotech, Founders Owe SEC $14.3M Over Fraud Claims
By Katryna Perera ( March 4, 2025, 3:55 PM EST) -- A Colorado federal judge has ordered a biotech startup and two of its founders to pay the U.S. Securities and Exchange Commission roughly $14.3 million and barred them from serving as officers and directors of public companies after finding that they fraudulently raised over $10 million by overstating their own investments in the company....
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