FINALLY -- SEC brings charges against Jeff Bruss!
From the Wall Street Journal:
The SEC said one online investment newsletter called the Future Superstock
(www.futuresuperstock.com), written by
Jeffrey Bruss of West Chicago, Illinois, recommended the purchase of
about 25 microcap stocks predicted to double or triple in value. The SEC
said Mr. Bruss failed to adequately disclose more than $1.6 million in
compensation from the featured companies, and lied about the success of
certain prior stock picks.
Arthur M. Schwartzstein, an attorney for Mr. Bruss, said, "The SEC's
complaint is not a balanced document, but only the commission's versions
of events. Jeffrey Bruss is confident that when all the facts are out, both he
and the Future Superstock will be found innocent." He declined to
comment further.
Let's hope this slime gets what he deserves! |
