U.S. SEC accuses coal company L&L Energy of fraud

WASHINGTON, March 27 Thu Mar 27, 2014 5:24pm EDT

WASHINGTON, March 27 (Reuters) - The U.S. Securities and Exchange Commission accused L&L Energy Inc of committing fraud when the coal company and its founder made false disclosures about who was running the company, the agency said on Thursday.

A criminal indictment against the founder, Dickson Lee, was also unsealed in federal court in Seattle, the SEC said. (Reporting by Aruna Viswanatha. Editing by Andre Grenon)

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