Word: sec
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Dates: during 1970-1979
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Bowman should know. In the fourth game of the finals last week, Bowman's Blues went into a sudden death overtime with the Bruins. With just 40 sec. gone, Boston's Orr raked a loose puck off the St. Louis boards, passed to Teammate Derek Sanderson in the corner, broke for the goal, took a return pass, tripped acrobatically and slammed the puck into the net. The score gave the Bruins a four-game sweep of the Blues and their first Stanley Cup victory in 29 years...
...them fail to meet the standards which GM claims to have met. This is an example of GM's commitment to honesty and to pollution control. We have asked the Securities and Exchange Commission to require GM to recall this misleading statement about pollution control efforts. And if SEC does not take action, we intend to appeal to the courts...
...bought the Dunes, has experienced a stock drop from last year's high of 83⅝ to 27⅜ in mid-December, when the American Stock Exchange halted trading. The ban will be lifted when the company re-certifies its financial statements for the past three years. The SEC accused Continental Connector's management of issuing two proxy statements falsely stating that an audit, which included the Dunes, had been made in accordance with generally accepted accounting principles. As one result, the owners of the Golden Nugget casino have called off merger talks with Continental Connector...
...Earnings more than doubled last year to $6.5 million, but the company's stock plummeted from a 1969 high of 64 to last week's 13¾.* Dragged down in part by the dismal image shared by many casino-owning companies, it also had troubles with the SEC. Last year International Leisure needed audited financial statements going back to 1964 for a proposed stock offering. Company officers said that they could not supply the figures because the Flamingo's previous owners had refused to hand them over...
...along the Strip, a small army of investigators-the D.A.'s men, SEC investigators, IRS and FBI agents-are getting in one another's way searching for information on cases ranging from suspected murder to income tax evasion, blackmail, embezzlement and stock fraud. It is probably no coincidence that some hotel and casino officials have left town in a hurry. Pierre P. Mottoros, an analyst with Equity Research Associates, explains the entire situation with deliberate understatement: "I'm afraid that Las Vegas and casinos still have an image that deters conservative money...