(Reuters) - Besides Sony and Playboy, Roxford also made offers for
Zapata Corp. , Edgetech Services Inc. and PeopleSupport
Inc. , according to the complaint. The alleged scheme
took place between January 2003 and April 2007, it said.
"Roxford's intent in making the phony public tender offers
was to manipulate the price of the target company's stock," the
SEC alleged in the complaint. "Roxford and HRR did not intend
to complete the offers, and did not have the financial means to
do so."
Read more at Reuters.com Government Filings News
Zapata Corp. , Edgetech Services Inc. and PeopleSupport
Inc. , according to the complaint. The alleged scheme
took place between January 2003 and April 2007, it said.
"Roxford's intent in making the phony public tender offers
was to manipulate the price of the target company's stock," the
SEC alleged in the complaint. "Roxford and HRR did not intend
to complete the offers, and did not have the financial means to
do so."
Read more at Reuters.com Government Filings News
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