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The SEC yesterday warned about investing in companies that gain listings via reverse mergers,...

Jun. 10, 2011 8:00 AM ETBy: Yigal Grayeff, SA News Editor1 Comment
The SEC yesterday warned about investing in companies that gain listings via reverse mergers, saying they could be prone to 'fraud and other abuses.' Trading has been halted in more than a dozen such firms in recent months due to missing financial information.

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