Medical Co. Hit With Investor Suit Over $20M Sham Financing
By Dan Packel ( August 7, 2013, 5:46 PM EDT) -- The officers of a Pennsylvania medical device company were hit with a shareholder suit in state court Wednesday accusing them of overseeing a sham announcement of $20 million in financing that allowed the board's chairman to sell his own stock as part of a public offering....
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