USEC

Two prominent Bermudian businessmen accused of fraud appeared at Magistrates Court in November for a preliminary hearing on whether there is sufficient evidence for the case against them to proceed. Bermudians Arthur Jones, 52, and Fraser Butterworth, 62, have exercised

Second Supplement to Motion to Compel filed by the SEC in a securities fraud action against Agora, Inc., Pirate Investor, LLC and Frank Porter Stansberry at the U. S. District Court for the District of Maryland.

Baltimore-based Agora Inc., whose business empire includes investment newsletters and clubs, is being sued by the SEC for an alleged securities fraud that earned it more than $1 million.The SEC has accused Agora of routinely making massive profits by disseminating false information about public stocks to its more than 21,500 paid-for subscribers around the world.