-40%
Stock Certificate Canadian Javelin Limited Bond vintage 1971 s1
$ 5.28
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Description
this item is a cancelled vintage stock certificate.great for framing or collecting
The Securities and Exchange Commission yesterday charged Canadian Javelin, Ltd., the embattled minerals development company, and its two principal officers with stock fraud.
In what some market sources regarded as a highly unusual step, the Government agency, in a civil suit filed here in the Federal District Court for the Southern District of New York, asked for the appointment of a special receiver to inquire into the present financial status of the company.
The 21‐page complaint, signed by Stanley Sporkin, deputy director of the commission, and other S.E.C. officials, also named John C. Doyle, the company's executive committee chairman and chief executive officer, and William M. Wismer, president, as defendants.
The company and the two individual defendants were charged with using the mails to defraud, making untrue statements of material facts, failing to make full disclosure and disseminating a series of false and misleading press releases concerning the company's financial condition and business operations.