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SEC Wins $33M Judgment Against Chinese Cos. In Fraud Suit

By David McAfee ( March 10, 2014, 8:14 PM EDT) -- A New York federal judge on Monday entered default judgment in favor of the U.S. Securities and Exchange Commission and against two Chinese electronic companies accused of misleading investors about the use of money from public offerings, ordering the companies to pay a total of almost $33 million....

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