SEC charges PR pro in trading scheme
A PR executive allegedly helped Seattle securities lawyer David Otto conduct a “pump-and-dump” scheme that has brought charges for Otto, three other individuals and two companies—including the PR executive, Charles Bingham, and his company Wall Street PR, according to Dow Jones Newswire. “The agency said misleading press releases and Web profiles touting beverages and nutritional supplements pushed the stock price of Seattle-based MitoPharm Corp. up more than four times to above $…
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