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Ex-Tricolor Executives Face SEC Lawsuit After Firm Collapse

Tricolor Holdings founder Daniel Chu, who already faces federal charges, and two other former executives were sued by the US Securities and Exchange Commission for allegedly defrauding investors before the used car seller and subprime lender imploded.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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