SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act
Green Car Congress
JUNE 1, 2013
Scuderi’s business plan is to develop, to patent, and to license its engine technology to OEMs and engine manufacturers. Although ostensibly comprised of discrete offerings, Scuderi Group’s offers and sales of securities constituted one integrated offering. Concept Engines Engines Fuel Efficiency Market Background'
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