Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pax Under Attack Not Rated 2.3 Email Routing List Email & Route  Print Print
Monday, June 28, 2004

Pax Under Attack

by: Theresa Sim

New Hampshire-based Pax World discovered earlier this month that it had an admirer. Individuals were posing as the socially and environmentally-conscious fund firm through a bogus website, www.fairpax.com.

Pax World announced on Friday that the SEC obtained a temporary restraining order and asset freeze against the people running the site on June 21 in a New Hampshire court.

In posing as Pax World, the individuals running the fake website claimed Pax World executives as its own and copied descriptions of Pax World funds "vebatim." The individuals also promised annual returns of more than 650 percent.

The New Hampshire court that issued the order will conduct a hearing on June 30. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

2.3
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use