U.S. Securities & Exchange Commission *
SEC Seal
* Home | Previous Page *
*
U.S. Securities and Exchange Commission *
*
* * *
* *

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 19334 / August 11, 2005

SECURITIES AND EXCHANGE COMMISSION v. AMERICAN FINANCIAL GROUP OF AVENTURA, INC., DAVID H. SIEGEL AND EDWARD M. CHISM, SR., , Case No. 02-22198-CIV-MARTINEZ

The Securities and Exchange Commission ("SEC") announced that on April 19, 2005, the United States District Court for the Southern District of Florida entered a Final Judgment of Permanent Injunction and Other Relief against Defendant American Financial Group of Aventura, Inc. ("AFG"). The Final Judgment, entered with the Receiver's consent on behalf of AFG, enjoins the company from violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. In addition, on April 4, 2005, the SEC voluntarily dismissed, with prejudice, its action against Relief Defendant American Wealth Management of Aventura, Inc.

For additional information, see Litigation Releases No. 17638 (July 30, 2002), No. 18192 (June 16, 2003), No. 19184 (April 14, 2005).


http://www.sec.gov/litigation/litreleases/lr19334.htm


Modified: 08/11/2005