Word: timetrust
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Dates: during 1940-1949
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...Deal began in 1938. Late that year SEC, threatening to delist its stock, charged that Transamerica's registration statement contained "false and misleading statements." Old A. P., a born battler, haled SEC to court. While still there, SEC bit him again. Bank of America was accused of helping Timetrust, an investing company which owns Bank of America stock, in a "device, scheme and artifice to defraud" buyers of its certificates...
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