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

Securities

Hunter World Markets and CIC Global Capital sold billions of shares of virtually worthless penny stocks, six Cayman Island-based hedge funds say in a $100 million demand in Manhattan Federal Court.

The Absolute Activist Value Master Fund and eight other Absolute funds sued Hunter World Markets, CIC Global Capital, Todd Ficeto, Florian Homm, Colin Heatherington, Craig Heatherington, Sean Ewing, and Ullrich Angersbach.

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