Defendants in Fake Bottling Suit Reach $5.1 Million SEC Deal

摘要

Three defendants agreed to hand over more than $5.1 million combined to resolve securities fraud allegations centered on a fake environmentally friendly bottling company, the SEC saidin federal court in Colorado.Tra Jay Scarlett, Chatfield PCS Ltd., and GO ECO Manufacturing Inc. are jointly and severally responsible for more than $3.6 million in disgorgement and prejudgment interest under theirdeal with the Securities and Exchange Commission, according to settlement documents filed in the U.S. District Court for the District of Colorado.