InterOil (IOC +0.2%) plummets from early highs, as Citron Research views the hiring of a new...

|About: InterOil Corporation (IOC)|By:, SA News Editor

InterOil (IOC +0.2%) plummets from early highs, as Citron Research views the hiring of a new CEO, "who was previously unemployed, [as] just window dressing on a bigger story" - indictments that could be coming against a shady character who had been close to ex-CEO Phil Mulacek. Citron suggests Mulacek may have been involved in illegally promoting IOC stock.