SEC leaves little doubt that Virtus knew to be suspicious of what it was selling yet kept those concerns from wholesalers
After concerns were raised Virtus grabbed for earplugs -- a move that made economic sense in retrospect
Author Sanders Wommack November 24, 2015 at 7:08 PM
Virtus
December 15, 2017 — 8:03 PM
Jeff Cerutti and John McCormack should both be investigated by the SEC. SEC should piece together when they knew of this fraud, how they continued to push all of the Regional Directors at Virtus to knowingly sell a fake track record, and the SEC should look at those 2 for stock gains if they sold based on insider information which could be insider trading
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