Securities and Exchange Commission issue charges against Kwame Kilpatrick, other Detroit officials – msnbc.com

The SEC’s complaint alleges that the defendants violated Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a), 10b-5(b) and 10b-5(c) thereunder. The SEC also alleges that MayfieldGentry and Chauncey Mayfield violated Sections 17(a)(1 ...
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