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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues CEO

LAS VEGAS - Theodore Maloney, CEO of MediCor, a start-up medical device company with no revenue, prepared and signed bogus financial reports, the SEC claims in Federal Court. In a separate complaint it claims MediCor's former Chairman Donald McGhan and former COO Jimmy McGhan concealed material information.

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