UPDATE 1-SEC sues firm over alleged bogus takeover bids

(Reuters) - NEW YORK, June 29 - U.S. securities regulators on
Friday sued a partnership and one of its founders, alleging
they made bogus offers to buy such well-known entities as Sony
Corp. and Playboy Enterprises Inc. in an
effort to manipulate their stock prices.




Theodore Roxford, through Hollingsworth, Rothwell & Roxford
, publicized the offers on Internet message board
postings, news releases and in at least one case a regulatory
filing, the Securities and Exchange Commission alleged in a
complaint filed in Manhattan federal court.


Read more at Reuters.com Government Filings News