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Looks like the SEC finally dropped the hammer---half a million. SEC fined TEUM $500,000. https://www.sec.gov/litigation/admin/2021/33-10975.pdf Because of Pareteum's financial situation they will be allowed to make an initial payment of $75K, 3 quarterly payments of >$33K, followed by 4 quarterly payments of >$81K. The SEC report, I'm sure, will be used against Pareteum in the shareholder lawsuits. |
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