Judge Enjoins Investment Firm: A federal judge...
From Times Staff and Wire Reports
Judge Enjoins Investment Firm: A federal judge ruled that a small Los Angeles investment firm violated federal securities laws by falsely saying it had made a “firm offer” to buy Van Nuys-based Superior Industries International Inc., a major supplier of automotive wheels, officials of the SEC said. Judge A. Andrew Hauk enjoined the firm, Vista Group Ltd., and its owner, Vipin Sahgal, from future violations of securities laws.
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