shopping.com (IBUY) Message Board

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Technology Stocks : shopping.com (IBUY)

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To: Arcane Lore who wrote (176)	12/10/1998 8:35:00 PM
From: Arcane Lore	Read Replies (1) of 435

Waldron loses license to buy and sell stock INVESTING: The Irvine-based firm that handled Shopping.com issues has yet to pay a $350,000 fine. ... The suspension by the NASD is the latest in a string of problems for Waldron and Perle. In September, the NASD ruled against Waldron, Perle and others, saying they conspired to cheat investors by artificially propping up the price of Shopping.com stock. The ruling came in an arbitration case filed against Waldron by New York-based stock brokerage Fiero Bros. ... The SEC lawsuit, filed in September, makes a similar accusation. The SEC wants Perle and his partners in the holding company that owns Waldron - Ed Harris of Lake Tahoe and John Aubrey of Ft. Worth, Texas - to repay more than $4.1 million in allgedly illegal profit made in trading of Shopping.com. The SEC, which is investigating Shopping.com, has not charged the Internet retailer in any lawsuit. ... ocregister.com

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