Recent Issues I Newsletters I Petfood Forum I Subscribe to Magazine
  Sign In I  Sign Up
PetfoodIndustry.com

  • HOME
  • MARKET INFORMATION
  • NUTRITION
  • SAFETY
  • PRODUCTION
  • PACKAGING
  • TOP PETFOOD COMPANIES
  • News
  • Products
  • Petfood and Treats
  • Petfood-Connection.com
  • Industry Calendar
  • Buyer's Guide

  • News
      • Email this to a friend Email
      • Print Printer
        Friendly
      • Font size: Decrease Font Increase Font
      • Share:Share
      • Share:Share Close
        • FacebookFacebook
        • MySpaceMySpace
        • stumbleuponstumbleupon
        • deliciousdelicious
        • diggdigg
        • newsvinenewsvine
        • linkedinlinkedin

      Missouri, USA, man given 'cease and desist' order for petfood companies

      Spectrum Pet Care owner accused of misleading investors with unregistered stocks

      Release Date: Comments(0)

      A Montgomery City, Missouri, USA, man has been ordered out of business by the secretary of state and could face charges for selling more than US$6 million in unregistered stocks and bonds in his petfood companies, according to ozarksfirst.com.

      Missouri Secretary of State Robin Carnahan issued a "cease and desist" order for Frank Renick and his companies for allegedly misleading up to 700 investors in at least four states. In a statement, Carnahan said Renick started several companies to manufacture and sell organic petfoods and other pet supplies, which were market under the names Spectrum Pet Care Incorporated, Spectrum Pet Foods Inc. and SPC Brands Inc. 

      Renick and his companies face up to US$40,000 in penalties and costs along with the possibility of having to make US$6 million in restitution to investors, according to ozarksfirst.com. Renick has 30 days to request a hearing on the matter.



      1
      1
      1

      Related Content

      Previous
      Next
      • pet food brands

      • pet food industry

      The Top 10

      Why these companies lead the global petfood industry in sales, growth and innovation

      More paws with a cause

      Learn about more companies and how they are lending a helping paw and claw to their own cause campaigns

      Three Dog Bakery bounds into pet stores

      The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats

      More content about pet food brands

      AAFCO news, part 2

      Committees discussed key proposals such as a possible shift in the oversight of animal feeds

      AAFCO moves toward calorie statements

      The mid-year meeting addressed several regulatory matters affecting petfoods

      FDA, AAFCO sign feed ingredient agreement

      It gives more direct control to CVM in establishing and maintaining ingredient definitions

      More content about pet food industry
       

      Comments

      0 Comments

      Add Comment

      Text Only 2000 character limit
  •  
  • Create or Maintain an account

    • Sign Up
    • Edit Your Profile
    • Subscribe to Newsletters
    • RSS feeds
    • Why Register

    Custom Publications

    • Empyreal 75 Update
    • The Extru-Technician

    Digital Editions

    • Petfood Industry
  • Events

    • Petfood Forum
    • Petfood Workshop
    • Petfood Forum China
    • Petfood Forum Asia
    • Petfood Forum Europe
    • Webinars
  • Help and Information Center

    • Support
    • Petfood Industry Editorial Staff
    • Advertising Contacts
    • Media Guide
    • Article Reprints

    Newsletters

    • Petfood Industry e-News
    • Petfood Industry Nutrition News

    Digital Directories

    • Petfood Industry Reference and Buyer's Guide
  • Social Media

    • Petfood-Connection
    • Petfood-Connection Smart Phone App
    • Twitter
    • Facebook
    • YouTube

    Nutrition Courses

    • WATT eLearning
    • Customized Training

    WATT Corporate

    • About WATT
    • Corporate Contacts
  • © Watt Publishing Co., 2013 All Rights Reserved
  • |Sitemap

--- Thank you for your patience ----

If you have any issues logging in or any other need feel free to contact us.

loading