SEC attacks bogus "free" stock offers

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Related Stories: SEC makes sweeping Net fraud charges
May 12, 1999; SEC may file charges in stock giveaway
April 5, 1999; Lawmaker asks legality of free stock offers
April 2, 1999; SEC puts damper on Net stock giveaways
February 18, 1999

Two companies and four stock promoters who offered free stock over the Internet settle federal charges that those shares weren't really "free" and should have been registered with regulators.

The story "SEC attacks bogus "free" stock offers" published July 22, 1999 at 2:40 AM is no longer available on CNET News.

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