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Securities Law >
New Settlements and Verdicts

In its complaint, the SEC alleged that between March 2002 and August 2003, U.S. Gas, acting through Larry Webman and Mel Webman, its undisclosed principals, Secunda, its former chief executive officer, and Douglas W. Marcille, its then-chief financial officer, raised more than $6.8 million from investors in a series of…
Date of ruling:
06/03/2008
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