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Saf T Lok Inc

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BUSINESS
March 11, 2004 | From Bloomberg News
The Securities and Exchange Commission dismissed a $50,000 fine imposed on short seller Amr Elgindy by the National Assn. of Securities Dealers in a case involving Saf T Lok Inc. shares, officials said Wednesday. Neither Elgindy nor his lawyer could be located for comment.
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BUSINESS
December 14, 2005 | From Reuters
A U.S. court Tuesday rejected a challenge by brokerage regulator NASD of the Securities and Exchange Commission's power to overturn NASD sanctions. The U.S. Court of Appeals for the District of Columbia Circuit dismissed an NASD petition seeking review of an SEC decision, saying the NASD -- formerly the National Assn. of Securities Dealers -- "must yield to the SEC's view of the law." An NASD spokesman had no immediate comment.
BUSINESS
March 2, 2000 | Reuters
Here is a stock whose fate seems intertwined with tragedy. Trading in gun-lock maker Saf T Lok Inc. (ticker symbol: LOCK) surged for a second day Wednesday, driven by shootings at a school and fast-food restaurants, the company's chairman said. Saf T Lok, which is periodically thrust into stock market prominence by U.S. gun violence, topped 2.9 million shares in Nasdaq trading volume. More than 1.9 million shares of Saf T Lok--whose typical daily turnover is 62,800--traded Tuesday.
BUSINESS
May 20, 2003 | From Reuters
A committee of the NASD on Monday expelled online stock short seller Amr "Anthony" Elgindy and his firm, Key West Securities, for engaging in what it called a scheme to manipulate the price of shares in Saf T Lok Inc. Elgindy, who lives in San Diego, could not be reached for comment.
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