Advanced Equities to Pay $1M Settlement to Investors
Advanced Equities, an investment firm, is reportedly paying a $1 million settlement to investors that it misled about the value of an alternative energy company, speculated to be Bloom Energy. The firm’s cofounders will also pay $150,000, and one, Dwight Badger, has been barred from associating with “any broker, dealer, investment adviser, municipal securities dealer or transfer agent.”
[Source: Chicago Business]
























