SEC Wins Settlement From "Natural Healing" Co.
The regulatory agency sued Bio-Heal in April 2005 in the U.S. District Court for the Southern District of Florida, accusing the company of fraudulently issuing Bio-Heal stock worth approximately $10 million.
As part of the deal, Bio-Heal, which claimed to develop topical natural-healing products in Nicaragua, will pay $600,000 and pre-judgment interest of more than $18,000. The Nevada-based...
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