Axius Head Pleads Not Guilty To Stock Manipulation

Law360, New York (July 13, 2012, 6:36 PM EDT) -- The head of Nevada corporation Axius Inc. and a finance professional pled not guilty Friday to charges of bribing stock brokers to manipulate the price of Axius stock.

Axius CEO Roland Kaufmann and Jean-Pierre Neuhaus entered not guilty pleas to several charges of securities fraud and conspiracy, a New York federal court official confirmed. The two men, both Swiss citizens, were indicted July 5.

Axius, a Nevada-incorporated company with offices in Dubai, describes itself a “holding company and business incubator” that develops other businesses. Prosecutors claim...
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