WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission stated on Thursday it has charged 2 companies and a chief executive officer with making misleading claims connected to COVID-19, the disease caused by the novel coronavirus.
FILE IMAGE: The U.S. Securities and Exchange Commission logo embellishes an office door at the SEC headquarters in Washington, June 24,2011 REUTERS/Jonathan Ernst
The securities regulator, which had suspended trading of shares in both companies, has charged Turbo Global Partners Inc. and its CEO Robert W. Singerman with making incorrect and deceptive claims related to equipment to identify individuals with fevers, according to an SEC declaration. Formerly, Singerman had been charged with scams.
Separately, the SEC has filed charges versus Applied