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International

International

Apr 21, 2017

Clarification: Former Canadian CEO of Bob Marley-lined coffee company settles with SEC

BNN staff

On April 17 BNN aired a story concerning Shane Whittle’s $2.5 million settlement with the SEC arising out of unproven non-criminal allegations that he was involved in a pump and dump scheme. Shane Whittle was also banned from trading in penny stocks for the next 10 years. These were regulatory offenses and BNN neither intended to imply, nor implied, that Shane Whittle was subject to any allegations of criminality.