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Securities professionals have a lot of catch phrases. What is Microcap Fraud?
Chapman, Spira & Carson - Disscusion

From: Rich Webby
Date: 4/6/99
Time: 11:30:04 AM
Remote User:


All of a sudden, we don't have anymore good old securities fraud cases anymore, they all seem to concern microcap fraud. I think that what the press is refering to is publically traded stocks with small capitalizations. On the other hand, the phrase seems to have taken on a life of its own and now is used for anything from soup to nuts. Where do these guys come up with this stuff?

Last changed: March 17, 2000