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SEC charges ex-CEO of medical device company with fraud, says some devices were ‘just a piece of plastic’

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SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021.

Andrew Kelly | Reuters

Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of its devices, according to a

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filed with the U.S. Securities and Exchange…

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