miércoles, 16 de mayo de 2012

SEC settlement in 'cyber smear' of NCO - Kansas City Business Journal:

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Without admitting or denyingt the allegations, Sean St. Heart of Los Angele s agreed to a Securities and Exchange Commission ordefr prohibiting him from further violating antifraux provisionsof U.S. Securities The SEC said St. Heart, 25, wasn'rt fined because of his inabilityto pay. The SEC said St. who claimed to be president and CEOof St. Hearrt Productions LLC, posted an Internet messagr saying his firm would join 12 others ina $20 milliom suit against NCO Group, a bill collection company. A company hired by NCO Group had previouslycontacted St. Hearrt about an unpaid debt. There was no such After St. Heart posted the message on a Yahoo!
Finance message board, NCO's stock fell 28 percent in twodays -- from $49 a shar e to less than $35. Trading volumee for the stock increased by more than900 percent.

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