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SEC accuses two brokers of defrauding clients (access required)

RALEIGH (AP) - Two former Wachovia Securities brokers tricked dozens of mostly elderly clients into investing in what were supposed to be can't-miss opportunities, only to lose roughly $8 million, according to a lawsuit filed by the Securities and Exchange Commission. The SEC complaint charges William Harrison and Eddie Sawyers of misrepresenting the investment strategies they ...

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