U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 18812 / July 29, 2004
SECURITIES AND EXCHANGE COMMISSION V. KS ADVISORS, INC., KS CONDOR PARTNER, LTD., II, DAMIAN PARTNERS, LLC, SCOTT FINE AND KEVIN BOYLE, Case No. 2:04 -CV-105- FTM-29DNF (M.D. Fla.)
JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANTS SCOTT FINE AND KEVIN BOYLE
The Securities and Exchange Commission ("SEC") announced that on May 25, 2004, the United States District Court for the Middle District of Florida entered Judgments of Permanent Injunction and Other Relief ("Judgments") against Defendants Scott Fine ("Fine") and Kevin Boyle ("Boyle"). The Judgments, entered with the consent of Boyle and Fine, without admitting or denying the allegations of the SEC's Complaint, enjoin them from violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. In addition to injunctive relief, the Judgments provide for disgorgement and the imposition of civil penalties in amounts to be reached by agreement of the parties and/or by the Court upon the SEC's motion.
For further information, see Litigation Release No. 18600 (February 27, 2004).