Solar penny stock firm faces lawsuit

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By Stephen Nellis / Friday, October 21st, 2011 / Comments Off on Solar penny stock firm faces lawsuit

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Power-Save Energy Co., a San Luis Obispo-based penny stock company that has tried to cash in on the solar boom, faces a lawsuit from a solar veteran who alleges that he was cheated out of $2.5 million in payments. Power-Save sells a device that it claims saves homeowners money on their monthly electricity bills. In 2008…

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