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SEC Halts Trading in Four Microcap Cos., Warns Investors About Ebola Scams

Bruce Carton | November 20, 2014
As also happened with recent natural disasters such as Hurricane Katrina and Hurricane Sandy, the Ebola outbreak that has captured the attention of the American public has become a possible tool of scam artists. The SEC suspended trading in four companies today -- Bravo Enterprises Ltd., Immunotech Laboratories Inc., Myriad Interactive Media Inc., and Wholehealth Products Inc. -- that claim to be developing products or services in response to the Ebola outbreak. 
 
The SEC stated that it halted trading in the four companies due to a "lack of publicly available information about the companies’ operations." The SEC said it moves quickly when it identifies "thinly-traded stocks being promoted with questionable information that make...
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