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Government

Aug. 4, 2011

San Diego drug company charged with defrauding investors

The Securities and Exchange Commission charged a San Diego-based pharmaceutical company, three related holding firms and four executives with allegedly defrauding investors over the company's only drug.


By Robert Iafolla


Daily Journal Staff Writer


WASHINGTON - The Securities and Exchange Commission charged a San Diego-based pharmaceutical company, three related holding firms and four executives with allegedly defrauding investors over the company's only drug, authorities announced Tuesday.


Immunosyn Corp. allegedly made false statements in press releases, financial reports, an online video and a presentation to investors about how soon i...

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