The Pennsylvania Securities Commission issued a cease and desist order against the Westlake Village company Semisub Inc.and corporate officers Curtiss Jackson and Joshua Heller, also from Westlake, for the sale of unregistered securities and a promise of financial gain.
Jackson was Semisub's chief executive officer and chair; Heller was a "private equity associate" of Semisub.
According to Pennsylvania authorites, Semisub was in the business of developing, owning an...
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