Host America says SEC sees no need for action

HAMDEN, Conn. Host America Corp., a foodservice management and energy services provider, said an investigation by the U.S. Securities & Exchange Commission had been terminated and that the federal agency did not recommend enforcement action against the company.

Host America’s stock price, which trades on the Pink Sheets, jumped more than 25.5 percent on July 18 to close at 2.70, a new 52-week high.

The SEC probe, which was unrelated to Host America’s f

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