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What: Shares of STEC
So what: Regulators began looking into the trading of STEC shares in 2009. Now, according to a company filing, the SEC is on the verge of initiating civil injunction against the company and key executives for violating the antifraud and reporting provisions of federal securities laws.
Now what: As if STEC investors needed more reason to worry. The company already faces stiff competition from the likes of Intel
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