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Stock Market & Financial Investment News

News Breaks
March 18, 2014
08:46 EDTKIORKiOR served with SEC subpoena in January
KiOR disclosed in a regulatory filing last night that on January 28 that the SEC served the company with a subpoena, pursuant to a formal order of investigation, seeking documents about, among other subject matters, the progress at its Columbus facility and the timing of projected biofuel production levels. KiOR said, "We are committed to cooperating with the SEC and responding to the subpoena request. It is not possible at this time to predict the outcome of the SEC investigation, including whether or when any proceedings might be initiated, when these matters may be resolved or what, if any, penalties or other remedies may be imposed."
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