Defendant Name:
Conolog Corporation
Defendant Type:
Public Company
SIC Code:
7361
CUSIP:
20825486
Document Reference:
complaint_14-cv-07284
Document Details
Legal Case Name
SEC v. Robert Benou, Marc Benou, and Conolog Corporation
Document Name
Complaint
Document Date
21-Nov-2014
Document Format
Civil Proceeding
Case Number
14-cv-07284
Federal District Court
New Jersey, District of New Jersey
Allegation Type
Market Manipulation
Document Summary
In the Complaint, the SEC stated: "This case involves a series of materially false and misleading press releases that inflated the market price and trading volume of the stock of Monolog, a publicly traded microchip company involved in manufacture of communications equipment. From January 27 through February 17, 2010, Monolog issued three press releases about its business operations that, among other things, mischaracterized testing done on a new product and overstated the amount of customer orders that Monolog had received for existing products. At the same time, Monolog hired a marketing firm to promote Monolog stock using the materially false and misleading statements from the press releases."
Other Defendants in Action:
