Cemtrex - Truenewj

US judge orders former Cemtrex executive to return ill-gotten gains

amefika5 months ago01 mins

NEW YORK, Jan 20 (Reuters) – A U.S. judge in Manhattan on Tuesday ordered the founder and former chief executive of manufacturing company Cemtrex to pay $9.7 million in ill-gotten gains and interest in a case brought by the U.S. Securities and Exchange Commission alleging securities fraud. An SEC spokesperson declined to comment, and a…

What’s happening with Cemtrex stock? Should the rally continue?

amefika6 months ago02 mins

Cemtrex (CETX) shares tripled on December 8, leaving many investors baffled. CETX is a security, industrial services, and smart technology solutions company that executed three reverse stock splits in just over a year just to remain listed on the Nasdaq Exchange. Despite Monday’s massive rise, Cemtrex shares are trading at just a fraction of their…