SEC announces probe of Port Townsend company
Print This | Email This
Most Popular this week
UPDATE — High-risk sex offender on the lam captured, jailed following chase from Sequim to Jefferson County
2nd UPDATE — Marysville asks, 'Why?' 2 killed, 4 wounded in school shooting; city left stunned, grieving
4th UPDATE: 2 reported dead in Marysville school siege — including shooter who was a homecoming king [Tomorrow's Clallam Bay game canceled.]
‘No one should have to die the way she did’: Daughter of woman brutally killed in Joyce home seeks justice
Specifically, the SEC is conducting an investigation of "certain trading in securities of the company."
"The company takes all securities laws and SEC regulations very seriously and is cooperating with the SEC's inquiry," Intellicheck Mobilsa said in a statement.
The Port Townsend company makes and markets wireless technology and identity systems. Last month, Intellicheck Mobilisa Inc. CEO Nelson Ludlow told shareholders not to expect a turnaround of the company's financial situation by the end of the year.
Ludlow returned last month as CEO after taking over for Steve Williams, who is no longer with the company. Details: http://www.peninsuladailynews.com/article/20121118/NEWS/121119970/0/SEARCH
Last modified: December 11. 2012 9:27AM