Swingplane Ventures, Goff Corp., Norstra Energy, and Imerjn, aka Xumanii Alleged Pump-and-Dump Schemes Investigated by the Peiffer Rosca Wolf Lawyers
CLEVELAND, Feb. 20, 2015 /PRNewswire/ -- Swingplane Ventures (SWVI), Goff Corp (GOFF), Norstra Energy (NORX), and Imerjn, aka Xumanii (IMJN, formerly XUII) alleged pump-and-dump schemes are being investigated by the Peiffer Rosca Wolf securities practice lawyers on behalf of victimized investors, following a lawsuit filed by the Securities and Exchange Commission against alleged organizers.
Recently, the Securities and Exchange Commission took action against a number of financial industry participants in connection with their alleged pump-and-dump schemes involving Swingplane, Goff, Norstra, and Imerjn (Xumanii) penny stocks, in the case of SEC v. Caledonian Bank, et al., U.S. District Court for the Southern District of New York, Case no. 15-cv-00894.
In its Complaint, the SEC alleged that Caledonian Bank and the other defendants offered and sold to the public securities issued by SWVI, GOFF, NORX, and IMJN (XUII), in unregistered and unlawful offerings, in or around early 2013.
Following the alleged pump-and-dump schemes, the penny stocks at issue lost the majority of their value. Two of the entities, Norstra and Imerjn, are no longer quoted.
The Peiffer Rosca Wolf securities practice lawyers have been investigating the alleged pump-and-dump schemes involving the four penny stocks, and are preparing to assist investors who believe they lost money in any of the four companies mentioned by the SEC.
Two Peiffer Rosca Wolf lawyers, Alan Rosca and Joe Peiffer, currently represent in a class action other penny stock investors who fell victims to a pump-and-dump operation and are seeking compensation on their behalf. Each case is different and prior cases are not indicative of future success.
The Peiffer Rosca Wolf lawyers have launched a website for investors who purchased Swingplane, Goff, Norstra, or Imerjn, aka Xumanii, in early 2013: www.pennystocklossrecovery.com. They will continue to post relevant updates about this matter on that website.
Investors who lost money invested in Swingplane, Goff, Norstra, or Imerjn (Xumanii) in early 2013 may contact the Peiffer Rosca Wolf attorneys, Alan Rosca or Joe Peiffer, for a free, no obligation evaluation of their recovery options, at 888-998-0520.
Attorney advertising. Please visit www.securitieslitigators.com for important disclosures about the Peiffer Rosca Wolf attorneys. Please visit www.pennystocklossrecovery.com for important disclosures about this matter.
SOURCE Peiffer Rosca Wolf Abdullah Carr & Kane, A Professional Law Corporation ("Peiffer Rosca Wolf"), a law firm with offices in Louisiana, Ohio, New York, California, and Missouri.
SOURCE Peiffer Rosca Wolf Abdullah Carr & Kane, A Professional Law Corporation
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