Business News • MarketWire • Viosolar Inc. Announces Civil Complaint Relating to SEC Investigation |
Viosolar Inc. Announces Civil Complaint Relating to SEC Investigation |
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Viosolar Inc. Announces Civil Complaint Relating to SEC Investigation
ATHENS, GREECE--(Marketwired - Dec. 19, 2013) - Viosolar Inc. (OTCQB:VIOSF) announced today that on September 27, 2013 the United States Securities and Exchange Commission (the "SEC") filed a civil complaint in the United States District Court for the Eastern District of Pennsylvania charging Viosolar Inc. (the "Company") and four individuals with engaging in a fraudulent scheme to manipulate the market for publicly traded securities through the payment of prearranged kickbacks. The defendants include the Company and Richard W. Walchuk, the Company's President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and director, as well as a stock promoter, a representative of a brokerage firm, and an investor relations agent for another company.
View More : http://www.marketwired.com/mw/release.do?id=1864456&sourceType=3
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