Enterprise solid-state drive vendor STEC is down 6.3% after disclosing in an 8-K that the SEC is...

|By:, SA News Editor

Enterprise solid-state drive vendor STEC is down 6.3% after disclosing in an 8-K that the SEC is conducting a formal investigation regarding trading in the company's securities, and that its CEO and President are among company employees who have received subpoenas related to the investigation.