SEC sues Fla. man over billion-dollar stock offers

Synopsis of story: A Florida man who made mysterious billion-dollar offers for all stock in Eastman Kodak Co. and the parent of American Airlines has no assets to make the purchases, is on probation from past fraud convictions and is barred from serving as a corporate officer, according to a Securities and Exchange Commission lawsuit.

This article was published on tulsaworld.com on 5/5/2011.

URL: http://www.tulsaworld.com/site/articlepath.aspx?articleid=20110505_51_E3_MIAMIF552590