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Restraining Order Sought Against Wolfson Over AMC Stock
A federal judge issued a temporary restraining order against financier Louis E. Wolfson for alleged stock manipulation in American Motors Corp. transfers. The SEC said Wolfson announced holdings while liquidating and ordered him to show cause why an injunction should not be issued. Windels noted Wolfson and associates sold over 100000 shares after earlier announcements.
MENTIONED IN THIS ARTICLE
New York
Louis E. Wolfson
American Motors Cor
U.S. Dist
Frederick van Pelt Bryan
Wolfson
Securities and Exchange Commission
Paul Windels Jr
SEC
American Motors
Jacksonville
Fla
AMC
American Motors Corp Commo
New York Stock Exchange
Windels
Financier and Associates