U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 18944 / October 27 2004
SECURITIES AND EXCHANGE COMMISSION v. PETER ROOR, ET AL., Civil Action No. 99 Civ. 3372 (HB) (S.D.N.Y.)
SEC OBTAINS FINAL JUDGMENT AGAINST LAURIE E. WEISS
The Securities and Exchange Commission announced that on October 12, 2004, the Honorable Harold Baer, Jr., United States District Judge for the Southern District of New York, entered a final judgment by consent against Laurie Weiss in SEC v. Peter Roor, et al., 99 Civ. 3372 (HB) (S.D.N.Y.). The judgment permanently enjoins Weiss from future 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. The Commission's complaint, filed on May 10, 1999, alleges that between at least January 1999 and March 1999, Weiss operated a website to conduct and promote numerous fraudulent investment schemes on the Internet. Weiss consented to the final judgment without admitting or denying the allegations in the Commission's complaint.