Comment on The Deal: FBI, Securities Officials Investigate Biozoom Trading, Source Says

The Deal: FBI, Securities Officials Investigate Biozoom Trading, Source Says

NEW YORK (The Deal) -- The FBI, the Securities and Exchange Commission and the Financial Industry Regulatory Authority have opened investigations into the involvement of Scottsdale Capital Advisors and Alpine Securities in the trading of Biozoom, according to a person familiar with those investigations. Investors in Biozoom lost some $300 million after the SEC halted trading in the stock in June.

 

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