SEC Wins $55M Judgment Against Amerindo Fraudsters
By Stephanie Russell-Kraft ( May 7, 2014, 5:32 PM EDT) -- The U.S. Securities and Exchange Commission scored a $55.1 million disgorgement in New York federal court on Tuesday against defunct Amerindo Investment Advisors Inc. and its co-founders for diverting millions of dollars of investors' money into their own business and personal ventures....
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