U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22544 / November 26, 2012
SECURITIES AND EXCHANGE COMMISSION v. CHRISTOPHER S. METCALF, BOZIDAR “BOB” VUKOVICH, AND PANTERA PETROLEUM, INC., Civil Action No. 11-cv-0493 (CM) (S.D.N.Y.)
COURT ENTERS FINAL JUDGMENTS BY CONSENT AGAINST SEC DEFENDANTS PANTERA PETROLEUM, INC. AND BOZIDAR “BOB” VUKOVICH
The Securities and Exchange Commission announced that on December 16, 2011, the Honorable Colleen McMahon, United States District Court Judge for the Southern District of New York, entered a final judgment by consent against Defendant Pantera Petroleum, Inc. (“Pantera”). The final judgment permanently enjoins Pantera from future violations of Sections 17(a) of the Securities Act of 1933 (“Securities Act”), Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 thereunder.
On April 2, 2012, the Court entered a final judgment by consent against Defendant Bozidar “Bob” Vukovich, permanently enjoining Vukovich from future violations of Sections 17(a) of the Securities Act, Section 10(b) of the Securities Exchange Act, and Rule 10b-5 thereunder. The final judgment also: (i) orders Vukovich to pay $113,575 in disgorgement, plus $18,596.04 in prejudgment interest; (ii) orders Vukovich to pay a $130,000 civil penalty; and (iii) permanently bars Vukovich from participating in an offering of penny stock.
The Commission’s complaint, filed on January 24, 2011 in federal court in Manhattan, alleges that Christopher Metcalf, Pantera’s former President and CEO, and Vukovich, a stock promoter, engaged in a fraudulent broker-bribery scheme designed to manipulate the market for Pantera common stock.
For further information, please see Litigation Release Number 21824 (January 25, 2011) [Securities and Exchange Commission v. Christopher S. Metcalf, Bozidar “Bob” Vukovich, and Pantera Petroleum, Inc., Civil Action No. 11 Civ. 0493 (CM) (S.D.N.Y.)] and Litigation Release Number 22538 (November 20, 2012) [Court Fines CEO Christopher Metcalf $50,000 and Imposes a Penny Stock Bar and Officer and Director Bar Against Him]
The SEC acknowledges the assistance of the United States Attorney’s Office for the Southern District of New York and the Federal Bureau of Investigation in this matter.