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Penny Stock Seller Says SEC Fraud Claim Fails Without Victim

By Katryna Perera ( March 26, 2026, 7:58 PM EDT) -- Western Bankers Capital Inc. and the estate of its operator have urged a New York federal judge to grant them an early win in a U.S. Securities and Exchange Commission suit alleging they and others reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks, in part because they say they were a victim of the alleged scheme....

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