Arthur Lipper was at the very centre of one of the biggest financial frauds of the late 1960s.
Lipper was banned for life from the securities industry for paying illegal secret commissions (illegally refunding brokerage) of over USD1.5 million to generate business. This has nothing to do with offering discount brokerage (which is legal). His ban was later reduced to a 12 month suspension years after he had left stockbroking.
Lipper's case is sill used as a legal precendent in securities fraud cases.
Royalty investing is a high risk investment with a considerable scope for fraud.
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20.0¢ |
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Mkt cap ! $371.1M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.5¢ | $579.8K | 2.902M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 1243524 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 349262 | 10 |
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No. | Vol. | Price($) |
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1 | 1820 | 0.205 |
7 | 53590 | 0.200 |
39 | 1630353 | 0.195 |
59 | 1666291 | 0.190 |
31 | 1270551 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 4902 | 3 |
0.195 | 11510 | 3 |
0.200 | 332765 | 10 |
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