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Message: <blockquote data-quote="Thief" data-source="post: 10898419" data-attributes="member: 243930">Sri Lanka firm, officials, fined on securities offence                 Aug 30, 2011 (LBO) - Sri Lanka's securities   watchdog has fined Environmental Resources Inc and several officers,  over a disclosure related offence, market sources said. Sri Lanka's  Securities and Exchange Commission earlier sent the firm a notice of  action, over a disclosure related matter. Under Sri Lanka's securities law, a person charged with securities fraud  can agree to pay a 'compound fee' and avoid going to court.  Market sources said the company and three directors had been fined close to 10 million rupees.  A company official confirmed that it had settled with the SEC. The SEC had  earlier been probing the firm's filings that it owned stock in a  platinum mine and other securities of unlisted firms. ERI late said it  had sold the mining stock and remitted cash to the firm.                                <a href="http://www.lbo.lk/fullstory.php?nid=1849236144" target="_blank">http://www.lbo.lk/fullstory.php?nid=1849236144</a></blockquote>

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