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 Group tallied only the three non-accredited clubs on its shareholder list, even though more than 140 individual investors purchased company preferred units through the clubs, the SEC said. Concept Engines Engines Fuel Efficiency Market Background' million in Scuderi Group spending on such purposes. million, or 4.3%
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