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SEC Nets $18M From Drug Co. Accused Of Duping Investors

By Jessica Corso ( March 25, 2015, 3:48 PM EDT) -- A Massachusetts-based life sciences company was ordered Wednesday to pay $17.9 million to the U.S. Securities and Exchange Commission in a lawsuit accusing the company of selling investors millions of dollars' worth of stock by falsely suggesting that its products would soon secure the necessary regulatory approvals....

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