YEEHAW CANDIDATES Message Board

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To: Galirayo who wrote (20803)	12/12/2006 8:30:15 PM
From: ACAN	Read Replies (1) of 23958

Ray; [GNBT] Another hedge fund is being taken to task for alleged naked short-selling and insider trading in dozens of unregistered securities. Gryphon Partners, the $310 million Dallas hedge fund run by Edwin "Bucky" Lyon, is the target of a federal civil lawsuit filed Tuesday by the Securities and Exchange Commission, alleging securities fraud in trading of shares in 35 unregistered securities offerings. The companies caught up in the alleged scheme are hardly household names: Medis Technologies (nasdaq: MDTL - news - people ), Generex Biotechnology (nasdaq: GNBT - news - people ), Immune Response and PhotoMedex (nasdaq: PHMD - news - people ), to name a few. But that is generally the pattern of many cases involving allegations of manipulative trading.

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