Securities Fraud

Pixarbio Corp., “a biotechnology company with no revenue,” and its CEO defrauded investors of $12.7 million, the SEC <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/04/Securities-Fraud.Pixarbio.pdf">claims</a></strong> in a federal complaint; parallel criminal charges have been filed.

BOSTON — Pixarbio Corp., “a biotechnology company with no revenue,” and its CEO Francis M. Reynolds, 55, formerly of Salem, N.H., defrauded investors of $12.7 million, the SEC claims in a federal complaint; parallel criminal charges have been filed.

Categories / Criminal, Securities

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