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Star Scientific (CIGX) Lower As CEO's Shady Past Highlighted

July 5, 2011 10:39 AM EDT
Star Scientific, Inc. (Nasdaq: CIGX) is seeing some pressure after theStreetSweeper.org issued part two of their two-part series highlighting questions about the company.

In the latest story, theStreetSweeper.org highlighted the shady past of CEO Jonnie Williams.

"By now, records indicate, Williams has proven that he can literally sell anything – cars, houses, contact lenses and, above all, risky medical stocks – even if his customers, particularly investors, often wind up on the losing end of those business deals.

Shares of Star Scientific are down 4.6 percent in early going to $4.37.

Link to the full story


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