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SEC Hits Bankrupt KiOR With Fraud Suit Over $150M IPO

By Joyce Hanson ( September 27, 2016, 3:54 PM EDT) -- The U.S. Securities and Exchange Commission on Monday hit biofuel developer KiOR Inc. with a fraud suit in Texas federal court over its $150 million initial public offering of stock, which shortly preceded KiOR's bankruptcy after it became clear the company's technology wasn't viable....

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