July 1, 2024
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SEC wins $45M lawsuit against Airborne Wireless

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The U.S. Securities and Exchange Commission has won its lawsuit against Simi Valley-based Airborne Wireless and the associated parties believed to be behind the $45 million pump-and-dump scam. U.S. District Judge Colleen McMahon issued her judgment, without having held a trial, in favor of the SEC on Sept. 12, while also rejecting a request from…

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