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3:11-cr-00009
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Firms
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June 07, 2012
Ex-Pegasus CEO Gets 21 Years For $35M Stock Fraud
A California federal judge on Thursday sentenced the former CEO of Pegasus Wireless Corp. to 21 years in prison, well beyond the 6½ years prosecutors requested, for his role in a $35 million stock-selling scheme that bilked investors and hastened the company's demise.
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March 02, 2012
Feds Eye 6 Years For Ex-Pegasus CEO In Stock Fraud
Federal prosecutors on Thursday implored a California federal judge to sentence the former CEO of Pegasus Wireless Corp. to 6 1/2 years in prison for a stock-selling fraud that bilked investors and aided the networking technology company's demise.