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U.S. SEC charges two companies, CEO over misleading COVID-19 claims

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The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, the disease caused by the novel coronavirus.

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

Separately, the SEC has filed charges against Applied BioSciences Corp, which said it had begun offering and shipping finger-prick COVID-19 tests to the general public, when in fact the tests could only be administered in consultation with a medical professional, the statement said.

In the case of Applied BioSciences, the SEC said the company had violated antifraud provisions of federal securities laws, seeking injunctive relief and civil penalties.

 

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Next up FoxNews realDonaldTrump IngrahamAngle seanhannity right?

Over such a tall claim....

AMAZING! Apparently if you're a small company trying to profit out of Covid 19, thats criminal but of you're Big Pharma and Gates and crew, that's philanthropically heroic and saintly

The one who made the biggest and most misleading COVID-19 claims and broadcast to the world is still at large. This is US judiciary system.

Oh boy, Applied Biosciences is a CBD company... talk about shady diagnostics...

Nice! FL has one of the worst medical provider and health center monopolies.

Why aren’t they charging realDonaldTrump for his misleading Covid-19 claims He’s the worst of all of them.

Senin de amk

Are they going to charge the president of the United States too? :-)

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