SEC Ends Probe Of Online Retailer Bidz.com
In a filing with the SEC, Bidz.com said the regulator had dropped its probe into the company's inventory reserve policies. The company first acknowledged the investigation in 2009, but gave little information about its genesis or targets.
"After four years of investigation, we are pleased to announce that the SEC has concluded its investigation," Bidz.com CEO David Zinberg...
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