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Monday, May 27, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Acts After Firm’s Stock Price Jumps

WASHINGTON (CN) - The SEC said today it has suspended trading in shares of Future Canada China Environment "because questions have arisen concerning recent trading in the company's stock during which its share price increased from $0.92 to $28.50." The SEC added: "Questions have also arisen concerning the accuracy and adequacy of publicly available information regarding its potential acquisition of another company."

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