SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act
Green Car Congress
JUNE 1, 2013
percent, of the offering proceeds to personally benefit the Scuderi family over and above the usual compensation that the Scuderi family employees received. Concept Engines Engines Fuel Efficiency Market Background' million in Scuderi Group spending on such purposes. —SEC order (Release Nº 33-9407). million, or 4.3%
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