the FCPA issue seems no different than has been stated in regulatory filings over the two years that I have followed the stock.
I added enough today to make CIE my 2nd largest position, but the Wells Notice prevented me from making CIE an even larger position.
Receiving a Wells Notice is not at all like the previous situation of answering questions as part of a data gathering exercise. There are specific allegations against the company for alleged illegal conduct which the company chose to not share with us. You may have noticed the Wells Notice was the basis for a question or two for virtually all analysts. It is recognized as a big deal by the analysts.
Previously the FCPA stuff may have seemed to be a small or non-issue. Not so anymore. This is a dark cloud. which needs to be lifted. I would like to see the letter and the company response which it is to file in the next couple of weeks.