http://www.sec.gov/litigation/litreleases.shtml The latest litigation releases from the Securities and Exchange Commission en-us Thu, 02 Jul 2009 00:00:01 EDT Thu, 02 Jul 2009 17:05:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21116.htm SEC charges Geotec, Inc. and three individuals in connection with false filings and accounting improprieties. LR-21116 Thu, 02 Jul 2009 17:05:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21115.htm SEC charges Orlando, Florida resident in connection with fraudulent pyramid scheme. LR-21115 Wed, 01 Jul 2009 18:44:38 EDT http://www.sec.gov/litigation/litreleases/2009/lr21114.htm The Securities and Exchange Commission announced that on July 1, 2009, it filed a civil complaint against Michael T. Rand, of Sandy Springs, Georgia. LR-21114 Wed, 01 Jul 2009 14:31:19 EDT http://www.sec.gov/litigation/litreleases/2009/lr21113.htm SEC obtains emergency relief to halt fraud conducted by Omaha, Nebraska investment adviser. LR-21113 Wed, 01 Jul 2009 14:09:59 EDT http://www.sec.gov/litigation/litreleases/2009/lr21112.htm Judgment entered against defendant Don Warner Reinhard. LR-21112 Tue, 30 Jun 2009 11:20:23 EDT http://www.sec.gov/litigation/litreleases/2009/lr21111.htm Court enters judgment of permanent injunction against defendant Ricardo H. Goldman. LR-21111 Tue, 30 Jun 2009 11:20:23 EDT http://www.sec.gov/litigation/litreleases/2009/lr21110.htm Former Putnam Fiduciary Trust Company executive settles fraud action brought by SEC. LR-21110 Mon, 29 Jun 2009 17:03:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21109.htm Judgment of permanent injunction entered against unregistered broker-dealer and defaulted defendant indicted by a federal grand jury. LR-21109 Mon, 29 Jun 2009 17:03:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21108.htm Commission settles with Najy N. Nasser, Headstart Advisers Limited and Headstart Fund Ltd. in connection with deceptive market timing and late trading scheme. LR-21108 Mon, 29 Jun 2009 12:36:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21107.htm SEC Resolves Fraud Action Against Mark Cocchiola and Steven Venechanos, Former CEO and CFO of Suprema Specialties, and 11 Other Defendants, in Connection with $700 Million Round-Tripping Scheme. LR-21107 Thu, 25 Jun 2009 14:12:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21106.htm SEC Charges Former DVI, Inc. Executives with Financial Fraud. LR-21106 Thu, 25 Jun 2009 13:12:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21105.htm The Securities and Exchange Commission today charged Prime Time Group, Inc. (now known as Hunt Gold Corporation), its former chief executive officers, Johnny Ray Arnold and Dallas L. Robinson, and its former chief operating officer, Troy K. Metz, with securities fraud for their participation in the dissemination of materially false and misleading press releases. LR-21105 Thu, 25 Jun 2009 13:12:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21104.htm SEC charges Tampa, Florida resident in connection with fraudulent pump and dump scheme. LR-21104 Wed, 24 Jun 2009 17:34:04 EDT http://www.sec.gov/litigation/litreleases/2009/lr21103.htm Court bars former CEO of a Massachusetts biotechnology company from serving as an officer or director of a public company for two years. LR-21103 Wed, 24 Jun 2009 16:29:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21102.htm SEC charges investment adviser in multi-million dollar Ponzi scheme. LR-21102 Wed, 24 Jun 2009 16:04:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21101.htm SEC charges California-based hedge fund manager for operating Ponzi-like scheme. LR-21101 Wed, 24 Jun 2009 16:04:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21100.htm Gary S. Becker, Gregory S. Schaefer, and Dillon Scott Securities, Inc. LR-21100 Tue, 23 Jun 2009 12:24:36 EDT http://www.sec.gov/litigation/litreleases/2009/lr21099.htm Federal jury delivers verdict in SEC's favor; finds former fund manager, Steven E. Nothern, liable for insider trading of U.S. Treasury 30-year bonds. LR-21099 Mon, 22 Jun 2009 17:05:55 EDT http://www.sec.gov/litigation/litreleases/2009/lr21098.htm Former chairman of the board of American Italian Pasta Company settles SEC charges. LR-21098 Mon, 22 Jun 2009 15:58:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21097.htm Warren B. Schmidgall, former American Italian Pasta Company executive, settles fraud charges. LR-21097 Mon, 22 Jun 2009 15:58:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21096.htm SEC charges California Madoff feeder with fraud. LR-21096 Mon, 22 Jun 2009 13:17:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21095.htm SEC charges Madoff solicitors with fraud. LR-21095 Mon, 22 Jun 2009 13:17:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21094.htm Recidivist securities law violator Jeffrey G. Turino held in contempt; ordered to pay $9.95 million; permanently banned from participating in penny stock offerings. LR-21094 Mon, 22 Jun 2009 12:11:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr21093.htm COURT freezes the assets of Guillermo David Clamens, FTC Capital Markets, Inc., and FTC Emerging Markets, Inc (also d/b/a FTC Group) in pending fraud action LR-21093 Mon, 22 Jun 2009 12:11:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr21092.htm SEC charges two accountants and Antiguan regulator for roles in Stanford Ponzi scheme. LR-21092 Fri, 19 Jun 2009 15:22:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21091.htm SEC sues Ulticom and former Ulticom executive for fraudulent options backdating and earnings management schemes. LR-21091 Thu, 18 Jun 2009 16:27:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr21090.htm SEC sues Comverse Technology, Inc. for fraudulent options backdating and earnings management schemes. LR-21090 Thu, 18 Jun 2009 16:27:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr21089.htm SEC settles pending civil fraud charges against Joseph Hirko, former chairman and chief executive officer of Enron Broadband Services. LR-21089 Thu, 18 Jun 2009 11:06:53 EDT http://www.sec.gov/litigation/litreleases/2009/lr21088.htm SEC charges promoter and firm with operating Ponzi scheme targeting the African-American and Hispanic communities. LR-21088 Wed, 17 Jun 2009 17:02:04 EDT http://www.sec.gov/litigation/litreleases/2009/lr21086.htm Former UBS executive and hedge fund operator settle SEC insider trading charges. LR-21086 Tue, 16 Jun 2009 17:02:38 EDT http://www.sec.gov/litigation/litreleases/2009/lr21085.htm SEC obtains emergency relief against alleged perpetrator of $11 million ponzi scheme LR-21085 Mon, 15 Jun 2009 17:43:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21084.htm SEC sues ZNext mining and its principal for fraud and registration violations. LR-21084 Fri, 12 Jun 2009 15:52:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21083.htm SEC charges penny stock company and Canadian citizen with illegal stock distribution through corporate spinoffs. LR-21083 Fri, 12 Jun 2009 15:52:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21081.htm The Securities and Exchange Commission ("Commission") announced today that on June 11, 2009, it filed a Complaint in the United States District Court for the Southern District of Florida against Aura Financial Services, Inc. (Aura), an Alabama corporation headquartered in Birmingham, Alabama, and six of its current and former registered representatives, Ronald E. Hardy, Jr. (Hardy), Peter C. Dunne (Dunne), Qais R. Bhavnagari (Bhavnagari), Dipin Malla (Malla), Sandeep Singh (Singh), and Raymond Rapaglia (Rapaglia). LR-21081 Fri, 12 Jun 2009 14:30:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21082.htm SEC obtains emergency relief against alleged perpetrators of prime bank scheme. LR-21082 Fri, 12 Jun 2009 14:13:44 EDT http://www.sec.gov/litigation/litreleases/2009/lr21080.htm Court permanently enjoins Forest Resources Management Corp. and Chaim Justman in fraudulent sale of securities. LR-21080 Thu, 11 Jun 2009 12:05:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21079.htm SEC charges husband of former Merrill Lynch employee and two business associates with insider trading. LR-21079 Wed, 10 Jun 2009 13:43:56 EDT http://www.sec.gov/litigation/litreleases/2009/lr21078.htm SEC charges New York-based investment adviser for stealing client funds. LR-21078 Wed, 10 Jun 2009 12:30:06 EDT http://www.sec.gov/litigation/litreleases/2009/lr21077.htm The Securities and Exchange Commission ("Commission") announced that on June 4, 2009, it filed a complaint in the United States District Court for the Northern District of Georgia against Christopher M. Kunkel ("Kunkel"). The complaint alleges that Kunkel, an attorney and resident of Grayson, Georgia, provided services to Pinnacle Development Partners LLC ("Pinnacle") and assisted in a fraudulent unregistered offering of securities by Pinnacle in the form of nominal general partnership interests. LR-21077 Tue, 9 Jun 2009 16:06:57 EDT http://www.sec.gov/litigation/litreleases/2009/lr21076.htm SEC Charges Operators of $80 Million Ponzi Scheme Targeting Korean-Americans LR-21076 Tue, 9 Jun 2009 13:56:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21075.htm SEC Charges Swiss National with Insider Trading LR-21075 Tue, 9 Jun 2009 11:27:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr21074.htm SEC Brings Fraud Charges in Connection With a Multi-Million Dollar Oil and Gas Offering Fraud LR-21074 Tue, 9 Jun 2009 11:27:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr21073.htm Federal Court Enjoins John Donnelly, Tower Analysis, Inc., Nasco Tang Corp., and Nadia Capital Corp. From Committing Securities Fraud LR-21073 Tue, 9 Jun 2009 11:13:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21072.htm On June 8, 2009, the Securities and Exchange Commission ("Commission") filed a Complaint for Injunctive and Other Relief ("Complaint") in the United States District Court for the Western District of Louisiana against Robert L. Hollier ("Hollier") and Wayne A. Dupuis ("Dupuis"). This matter involves insider trading in the securities of Warrior Energy Services Corporation ("Warrior Energy") by Dupuis, who received tips directly or indirectly from Hollier, a member of Warrior Energy's board of directors. LR-21072 Mon, 8 Jun 2009 14:37:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21071.htm Court enters final judgment against Alexis Ampudia. LR-21071 Mon, 8 Jun 2009 13:03:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr21070.htm The Securities and Exchange Commission today filed a complaint in the United States District Court for the Middle District of Florida charging Wall Street Communications, Inc., its principal, Howard Scala, and two other individuals, Ross E. Barall and Donald R. McKelvey with securities fraud in connection with a series of stock manipulation schemes and a fraudulent, unregistered distribution of stock. LR-21070 Fri, 5 Jun 2009 15:29:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21069.htm SEC Charges Investor Relations Account Executive and His Tippees for $1.4 Million Insider Trading Scheme LR-21069 Thu, 4 Jun 2009 17:21:40 EDT http://www.sec.gov/litigation/litreleases/2009/lr21068.htm SEC Files Securities Fraud Charges Against Former Countrywide Executives LR-21068 Thu, 4 Jun 2009 16:05:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr21067.htm SEC Files Subpoena Enforcement Action Against Restoration Hardware Finance Employee Who Refused To Testify In Insider Trading Investigation LR-21067 Thu, 4 Jun 2009 13:15:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr21066.htm Jury trial results in verdict for SEC and against former CEO of Kmart; former CFO settles prior to trial. LR-21066 Wed, 3 Jun 2009 14:50:43 EDT http://www.sec.gov/litigation/litreleases/2009/lr21065.htm Jury trial results in verdict for SEC and against former CEO of Kmart; former CFO settles prior to trial. LR-21065 Mon, 1 Jun 2009 17:51:56 EDT http://www.sec.gov/litigation/litreleases/2009/lr21064.htm The Securities and Exchange Commission announced that on May 26, 2009, it filed a civil injunctive action against Mark R. Hamlin (Hamlin), a resident of Owosso, Michigan, and two companies owned and controlled by Hamlin, Kingdom First Trading, LLC (KFT) and Kingdom First Corp. (KFC), for conducting a fraudulent, unregistered offer and sale of approximately $2 million in securities. LR-21064 Fri, 29 May 2009 14:43:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21063.htm SEC Sues Former President of United Industrial Corporation Subsidiary for Authorizing the Payment of Foreign Bribes LR-21063 Fri, 29 May 2009 14:43:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21062.htm SEC charges Hawaii resident with running Ponzi scheme LR-21062 Fri, 29 May 2009 11:58:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21061.htm SEC Charges Ten Brokers with Fraud Related to Mortgage Backed Securities LR-21061 Thu, 28 May 2009 14:19:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21060.htm SEC Charges Wireless Company Executives in $30 Million Stock Dumping Scheme LR-21060 Wed, 27 May 2009 17:14:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr21059.htm U.S. District Court Enters $265,924 Default Judgment Against Defendant Gerald L. Brodsky for Insider Trading LR-21059 Wed, 27 May 2009 14:55:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr21058.htm SEC Charges Three Former Senior Finance Executives of Cardinal Health, Inc. for Fraudulent Earnings and Revenue Management Scheme LR-21058 Wed, 27 May 2009 14:07:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr21057.htm SEC Charges Registered Investment Adviser and Its Principal with Fraud and Breach of Fiduciary Duty LR-21057 Tue, 26 May 2009 17:15:58 EDT http://www.sec.gov/litigation/litreleases/2009/lr21056.htm SEC Obtains Asset Freeze and Temporary Restraining Order Against Robert D. Watson, Daniel J. Petroski, Privatefx Global One Ltd., SA and 36 Holdings, Ltd. LR-21056 Tue, 26 May 2009 12:49:02 EDT http://www.sec.gov/litigation/litreleases/2009/lr21055.htm SEC Obtains Asset Freeze of Wisconsin Investment Adviser Charged in Kickback Scheme LR-21055 Thu, 21 May 2009 15:38:40 EDT http://www.sec.gov/litigation/litreleases/2009/lr21054.htm SEC Charges Florida Trader with Fraud and Manipulation LR-21054 Thu, 21 May 2009 14:43:02 EDT http://www.sec.gov/litigation/litreleases/2009/lr21053.htm SEC Charges Eight Participants in Penny Stock Manipulation Ring LR-21053 Thu, 21 May 2009 10:13:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21052.htm SEC Charges Registered Broker-Dealer, Its Unregistered Affiliate and Two Individuals in Fraudulent Scheme to Pay Off Ficticious Bonds With Tens Of Millions In Unauthorized Trading LR-21052 Thu, 21 May 2009 08:46:32 EDT http://www.sec.gov/litigation/litreleases/2009/lr21051.htm Federal Court Denies Defendant Dr. Zachariah P. Zachariah's Motion for Partial Summary Judgment to Dismiss Commission's Claim Relating to His Trading of CSC Stock LR-21051 Wed, 20 May 2009 16:01:02 EDT http://www.sec.gov/litigation/litreleases/2009/lr21050.htm Arizona Attorney Enjoined From Fraud in Corporate Hijacking Case LR-21050 Tue, 19 May 2009 15:07:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21049.htm Arizona Attorney Enjoined From Unregistered Sales Of Securities LR-21049 Tue, 19 May 2009 15:07:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21048.htm SEC Charges Massachusetts Company, Former Chief Operating Officer, and Controller in Scheme to Inflate Reported Revenue LR-21048 Tue, 19 May 2009 15:07:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21047.htm Court Enters Final Judgment of Permanent Injunction and Other Relief Against Defendant Anthony R. Russo LR-21047 Tue, 19 May 2009 12:23:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21046.htm Court Orders Disgorgement And Prejudgment Interest Against Defendant Michael Lauer LR-21046 Tue, 19 May 2009 12:23:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21045.htm SEC halts multi-million dollar investment scheme run by a purported savings and loan and its principals. LR-21045 Mon, 18 May 2009 16:54:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21044.htm SEC files action against WellCare regarding scheme to withhold money from Florida health care programs; company to pay $10 million penalty. LR-21044 Mon, 18 May 2009 14:24:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21043.htm SEC obtains default judgment against Massachusetts broker for securities fraud. LR-21043 Mon, 18 May 2009 13:40:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21042.htm SEC charges Monster Worldwide Inc. for options backdating scheme. LR-21042 Mon, 18 May 2009 11:42:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21041.htm SEC halts $14 million Ponzi scheme conducted by Nevada-based firm and its manager. LR-21041 Fri, 15 May 2009 12:38:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr21040.htm SEC obtains emergency relief against Wellco Energy, its principal, and its salesmen for oil and gas offering fraud. LR-21040 Fri, 15 May 2009 11:15:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21039.htm SEC charges home builder's former human resources executive with stock options backdating. LR-21039 Fri, 15 May 2009 11:15:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21038.htm On May 14, 2009, the Securities and Exchange Commission filed an emergency civil injunctive action in the United States District Court for the District of New Jersey charging two investment firms and their two owner-managers with securities fraud. The Commission alleged that Paul G. Bultmeyer, Arthur J. Piacentini, Sherbourne Capital Management, Ltd. and Sherbourne Financial, Ltd. orchestrated an offering fraud in connection with the sale of "Prime Certificates of Participation." The Honorable Jose L. Linares, United States District Judge of the District of New Jersey, granted the Commission's application for emergency relief and, among other things, froze the assets of the defendants and appointed a receiver over Sherbourne Capital, Sherbourne Financial, and Relief Defendant Ameripay, LLC. LR-21038 Thu, 14 May 2009 17:14:46 EDT http://www.sec.gov/litigation/litreleases/2009/lr21037.htm Former Massachusetts investment adviser sentenced to ten years in prison for defrauding investment advisory clients. LR-21037 Wed, 13 May 2009 17:13:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21036.htm SEC charges Los Angeles-based "finder" in kickback scheme involving New York pension fund. LR-21036 Tue, 12 May 2009 13:06:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21035.htm SEC halts on-going multi-million dollar fraud involving former Dallas Cowboy Michael J. Kiselak and Jeffrey J. Sykes, and the companies they control. LR-21035 Mon, 11 May 2009 17:52:02 EDT http://www.sec.gov/litigation/litreleases/2009/lr21033.htm SEC files settled books and records and internal controls charges against Novo Nordisk for improper payments to Iraq under the U.N. Oil for Food Program. LR-21033 Mon, 11 May 2009 14:35:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21034.htm SEC brings action against attorney for role in unregistered offering fraud. LR-21034 Mon, 11 May 2009 13:17:54 EDT http://www.sec.gov/litigation/litreleases/2009/lr21032.htm Day-trader settles SEC charges of manipulative short selling. LR-21032 Mon, 11 May 2009 11:35:33 EDT http://www.sec.gov/litigation/litreleases/2009/lr21030.htm Final judgment entered against oregon investment adviser. LR-21030 Fri, 8 May 2009 17:05:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21031.htm On May 7, 2009, the Securities and Exchange Commission filed a civil injunctive action in the United States District Court in Dallas against Hartmut T. "Hardy" Rose and James Patrick Reedy for their fraudulent offers and sales of oil and gas interests. LR-21031 Fri, 8 May 2009 16:05:48 EDT http://www.sec.gov/litigation/litreleases/2009/lr21029.htm Re-trial of case against Courtney D. Smith dismissed by stipulation of parties. LR-21029 Fri, 8 May 2009 15:44:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr21028.htm Final judgment entered against former registered representative Edward James Wexler in market manipulation and financial fraud case. LR-21028 Thu, 7 May 2009 15:54:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21027.htm SEC obtains preliminary injunction and a permanent receiver in an unregistered broker-dealer scheme. LR-21027 Thu, 7 May 2009 15:54:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21026.htm On May 4, 2009, the Honorable Julie E. Carnes, United States District Judge for the Northern District of Georgia, entered an order of permanent injunction and other relief against defendant Robert P. Copeland, a Georgia resident and an attorney licensed to practice in the State of Georgia. The order permanently enjoined Copeland from future violations of the registration and antifraud provisions 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. Copeland was ordered to pay disgorgement, prejudgment interest and a civil penalty in amounts to be determined by the Court upon motion of the Commission at a later date. Copeland consented to the entry of the order without admitting or denying the allegations of the Commission's Complaint. LR-21026 Wed, 6 May 2009 17:01:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21025.htm On May 5, 2009, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York charging the entities and individuals who operate The Reserve Primary Fund, including the Reserve Management Company, Inc. (RMCI), its Chairman, Bruce Bent Sr., its Vice Chairman and President, Bruce Bent II, and Resrv Partners, Inc., with fraud for failing to provide key material facts to investors and trustees about the fund's vulnerability as Lehman Brothers Holdings, Inc. sought bankruptcy protection. The Reserve Primary Fund "broke the buck" on Sept. 16, 2008, when its net asset value fell below $1.00 per share, meaning investors in the money market fund would lose money. In bringing the enforcement action, the SEC also seeks to expedite the distribution of the fund's remaining assets to investors. LR-21025 Tue, 5 May 2009 14:12:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21024.htm The Securities and Exchange Commission ("Commission") announced today that it has filed a complaint in the United States District Court for the Northern District of Georgia against Albert J. Rasch, Jr. ("Rasch") and Sandra B. Masino ("Masino") of Costa Mesa, California, Kathleen R. Novinger ("Novinger") of Cypress, California, and 144 Opinions, Inc. ("144 Opinions") a California corporation formerly headquartered in Newport Beach, California. The complaint alleges that Rasch was the sole partner and owner of the Law Firm of Albert J. Rasch and Associates. Novinger was the sole associate at Rasch and Associates. Masino was the sole owner and employee of 144 Opinions. LR-21024 Tue, 5 May 2009 12:05:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21023.htm SEC files first credit default swap insider trading case. LR-21023 Tue, 5 May 2009 10:18:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21022.htm Distribution of $7.7 million to be made to investors in Carolina development company offering fraud. LR-21022 Fri, 1 May 2009 12:40:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21021.htm The Securities and Exchange Commission ("SEC") announced that on April 14, 2009, the Honorable Robert H. Whaley of the United States District Court for the Eastern District of Washington entered final judgments against Defendants Daryn P. Fleming and Mathew C. Bruce in the above captioned matter, to which Defendants Fleming and Bruce consented, without either admitting or denying the SEC's allegations against them. The final judgments permanently enjoin Defendants Fleming and Bruce from violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The final judgment against Defendant Fleming also prohibits Fleming from acting as the officer or director of any public company, and orders that Fleming pay disgorgement totaling $20,844 in ill-gotten gains, $3,865 in prejudgment interest, and a $35,000 civil penalty. LR-21021 Fri, 1 May 2009 12:40:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21020.htm SEC charges Wall Street investment banker and seven others in widespread insider trading scheme. LR-21020 Thu, 30 Apr 2009 14:50:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21019.htm SEC Files Settled Action Against Golden State Equity Investors, Inc. for Securities Registration Violations LR-21019 Thu, 30 Apr 2009 12:25:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21018.htm SEC charges investment management firm and principal in kickback scheme involving New York pension fund. LR-21018 Thu, 30 Apr 2009 11:14:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21017.htm SEC halts Beverly Hills hedge fund fraud. LR-21017 Wed, 29 Apr 2009 16:59:42 EDT http://www.sec.gov/litigation/litreleases/2009/lr21016.htm The Securities and Exchange Commission ("Commission") announced today that the Honorable Richard W. Story, United States District Judge for the Northern District of Georgia, entered default judgment as to defendants Frederick J. Barton ("Barton"), Barton Asset Management, LLC ("Barton Asset Management"), and TwinSpan Capital Management, LLC ("TwinSpan") on April 27, 2009. LR-21016 Wed, 29 Apr 2009 10:41:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr21015.htm SEC files settled insider trading charges against Oklahoma attorney. LR-21015 Tue, 28 Apr 2009 15:00:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21014.htm On April 28, 2009, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York against former senior officers at American Home Mortgage Investment Corp., Michael Strauss, Stephen Hozie and Robert Bernstein. The Commission alleges that Strauss and Hozie engaged in accounting fraud and made false and misleading disclosures that were designed to conceal from investors that American Home Mortgage's financial condition and prospects had significantly worsened in the first four months of 2007. LR-21014 Tue, 28 Apr 2009 12:48:08 EDT http://www.sec.gov/litigation/litreleases/2009/lr21013.htm SEC freezes assets of financier Danny Pang for misrepresenting investments and forging documents to investors LR-21013 Mon, 27 Apr 2009 17:41:48 EDT http://www.sec.gov/litigation/litreleases/2009/lr21012.htm SEC halts on-going multi-million dollar fraud involving investments in a Connecticut-based hedge fund LR-21012 Mon, 27 Apr 2009 17:41:48 EDT http://www.sec.gov/litigation/litreleases/2009/lr21011.htm SEC sues promoters of high yield investment programs for fraud and seeks penalties and disgorgement of investor funds. LR-21011 Fri, 24 Apr 2009 11:25:59 EDT http://www.sec.gov/litigation/litreleases/2009/lr21010.htm SEC obtains asset freeze of Florida-based investment adviser defrauding investors. LR-21010 Thu, 23 Apr 2009 15:07:30 EDT http://www.sec.gov/litigation/litreleases/2009/lr21009.htm SEC sues Lubbock, Texas businessman for conducting fraudulent $40 million debenture offering. LR-21009 Wed, 22 Apr 2009 15:24:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21008.htm SEC settles charges against two more individuals in related insider trading cases. LR-21008 Tue, 21 Apr 2009 16:57:08 EDT http://www.sec.gov/litigation/litreleases/2009/lr21007.htm SEC charges owner of California broker-dealer with misappropriating millions in investor funds. LR-21007 Mon, 20 Apr 2009 17:10:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21006.htm SEC halts multi-million dollar fraud conducted by Philadelphia-area investment adviser. LR-21006 Mon, 20 Apr 2009 10:35:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr21005.htm Court issues final judgment against former McKesson vice president for insider trading. LR-21005 Fri, 17 Apr 2009 13:39:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21004.htm Former director of Fidelity National Financial settles SEC insider trading case. LR-21004 Thu, 16 Apr 2009 13:23:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21003.htm Court permanently enjoins Michael E. Kelly in SEC action arising from $428 million securities fraud that targeted senior citizens and retirement savings. LR-21003 Wed, 15 Apr 2009 16:59:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21002.htm Receiver appointed in Ponzi scheme case. LR-21002 Wed, 15 Apr 2009 16:59:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21001.htm SEC Charges Former State Political Party Leader and Hedge Fund Manager in Kickback Scheme Involving New York Pension Fund LR-21001 Wed, 15 Apr 2009 11:12:02 EDT http://www.sec.gov/litigation/litreleases/2009/lr21000.htm SEC Obtains a $51 Million Final Judgment Against Tri Energy, Inc. and Defendants Arthur Simburg and Robert Jennings for Their Role in a Massive Affinity Fraud And Ponzi Scheme LR-21000 Wed, 15 Apr 2009 11:01:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr20999.htm The Securities and Exchange Commission announced that on April 13, 2009, it filed a civil injunctive action against Osvaldo Pitters, Terrell J. Kuykendall, and Steven M. Ivester in connection with a financial fraud involving VoIP, Inc., a defunct Internet telecommunications provider formerly located in Altamonte Springs, Florida. LR-20999 Tue, 14 Apr 2009 12:10:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr20998.htm SEC Charges Seven Church Leaders in Fraudulent Investment Scheme that Targeted Parishioners LR-20998 Tue, 14 Apr 2009 11:20:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr20997.htm SEC Charges Promoter and Firm with Operating a Multi-Million Dollar Ponzi Scheme Targeting the Hispanic-American Community LR-20997 Mon, 13 Apr 2009 17:26:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr20996.htm SEC Charges Ohio Investment Adviser With Defrauding Elderly Clients of $2.3 Million LR-20996 Fri, 10 Apr 2009 14:26:30 EDT http://www.sec.gov/litigation/litreleases/2009/lr20995.htm Commission Voluntarily Dismisses All Claims Against Former General Counsel of McAfee Inc. LR-20995 Fri, 10 Apr 2009 13:16:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr20994.htm On April 9, 2009, the Securities and Exchange Commission ("Commission") filed a Complaint for Injunctive and Other Relief ("Complaint") in the United States District Court for the Northern District of Georgia against Robert P. Copeland ("Copeland"). The Complaint sets forth a classic Ponzi scheme operated by Copeland, in which he used new investor funds to make payment obligations to earlier investors. LR-20994 Thu, 09 Apr 2009 14:11:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr20993a.htm Court Enters Final Judgment Against Massachusetts Hedge Fund Manager in Fraud Scheme LR-20993A Wed, 08 Apr 2009 14:53:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr20992.htm SEC brings fraud charges and requests emergency relief against a Colorado advisor for conducting multi-million dollar Ponzi scheme. LR-20992 Wed, 08 Apr 2009 12:07:20 EDT http://www.sec.gov/litigation/litreleases/2009/lr20991.htm SEC shuts down unregistered broker-dealer in emergency action. LR-20991 Tue, 07 Apr 2009 14:53:06 EDT http://www.sec.gov/litigation/litreleases/2009/lr20990.htm Beverage Creations, Inc. and its former officers settle SEC charges in pump and dump case. LR-20990 Tue, 07 Apr 2009 14:53:06 EDT http://www.sec.gov/litigation/litreleases/2009/lr20989.htm Court enters final judgments settling actions against defendants Antonio Canova and Stephanie Jensen LR-20989 Mon, 06 Apr 2009 17:46:07 EDT http://www.sec.gov/litigation/litreleases/2009/lr20988.htm SEC Halts On-Going Multi-Million Dollar Ponzi Scheme and Affinity Fraud Involving Investments in a Canadian-Based Hedge Fund LR-20988 Mon, 06 Apr 2009 12:23:22 EDT http://www.sec.gov/litigation/litreleases/2009/lr20987.htm SEC Halts $67 Million Dollar Real Estate Investment Scheme in Arizona LR-20987 Mon, 06 Apr 2009 12:23:22 EDT http://www.sec.gov/litigation/litreleases/2009/lr20986.htm SEC Halts Scheme Promising Exorbitant Returns On College and Retirement Savings LR-20986 Fri, 03 Apr 2009 12:40:20 EDT http://www.sec.gov/litigation/litreleases/2009/lr20985.htm The Securities and Exchange Commission announced that on March 20, 2009, the Honorable Linnea R. Johnson, United States Magistrate Judge for the Southern District of Florida, entered an order modifying a previous order holding Kermit Silva in contempt of court for failing to pay a disgorgement and prejudgment interest judgment entered against him. LR-20985 Fri, 03 Apr 2009 10:11:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr20984.htm SEC charges South Florida residents and New York attorney in penny stock distribution scheme. LR-20984 Thu, 02 Apr 2009 15:22:59 EDT http://www.sec.gov/litigation/litreleases/2009/lr20983.htm SEC Obtains Emergency Asset Freeze to Halt Multimillion Dollar Ponzi Scheme LR-20983 Wed, 01 Apr 2009 15:52:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr20982.htm Take-Two pays $3 million civil penalty to settle fraud charges in stock options backdating scheme. LR-20982 Wed, 01 Apr 2009 12:03:09 EDT http://www.sec.gov/litigation/litreleases/2009/lr20981.htm SEC charges Seattle-area firm in multi-million dollar scam targeting religious community and charitable investors. LR-20981 Tue, 31 Mar 2009 15:05:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr20980.htm Court Permanently Enjoins Pinchus Gold in Fraudulent Sale of Securities LR-20980 Tue, 31 Mar 2009 13:00:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr20979.htm CEO receives 97-month sentence for promoting stock touting a bogus Homeland Security deal and ensuing cover-up. LR-20979 Mon, 30 Mar 2009 11:58:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr20978.htm Final judgments entered against individuals and entities responsible for investment scheme targeting Cambodian immigrants. LR-20978 Mon, 30 Mar 2009 10:37:54 EDT http://www.sec.gov/litigation/litreleases/2009/lr20977.htm Court enters contempt order after Andrew S. Mackey and Inger L. Jensen fail to respond to SEC subpoenas. LR-20977 Fri, 27 Mar 2009 16:31:09 EDT http://www.sec.gov/litigation/litreleases/2009/lr20976.htm Court enters final consent judgments against Shuster, Renteria, and Vujovic in widespread insider trading scheme. LR-20976 Fri, 27 Mar 2009 15:41:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr20975.htm SEC settles with defendant in Delphi accounting fraud case. LR-20975 Fri, 27 Mar 2009 11:14:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr20974.htm SEC halts on-going $68 million Ponzi scheme involving sale of bogus high-yield CDS issued by Caribbean-based bank and its Swiss affiliate. LR-20974 Thu, 26 Mar 2009 17:05:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr20973.htm SEC sues Alexander, CJB Consulting Inc. and Regis Filia Holdings Inc. for unregistered sales of securities of thirteen companies. LR-20973 Wed, 25 Mar 2009 16:27:17 EDT http://www.sec.gov/litigation/litreleases/2009/lr20972.htm SEC obtains emergency relief against the Nutmeg Group, LLC, a Chicago-area investment adviser, and two of its principals for alleged fraud and custodial violations. LR-20972 Wed, 25 Mar 2009 16:02:43 EDT http://www.sec.gov/litigation/litreleases/2009/lr20971.htm Federal court issues preliminary injunction order against John Donnelly, Tower Analysis, Inc., Nasco Tang Corp., and Nadia Capital Corp. LR-20971 Wed, 25 Mar 2009 11:23:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr20970.htm SEC Charges Former Managing Director at Brokerage Merriman Curhan Ford & Co. with Defrauding Customers and Helping Bilk Lenders out of $45 Million LR-20970 Tue, 24 Mar 2009 14:09:06 EDT http://www.sec.gov/litigation/litreleases/2009/lr20969.htm SEC obtains emergency asset freeze to halt oil and gas investment scheme LR-20969 Tue, 24 Mar 2009 12:25:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr20968.htm SEC obtains emergency asset freeze to halt ongoing fraud. LR-20968 Mon, 23 Mar 2009 16:58:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr20967.htm Criminal charges filed against two individuals related to $40 million Ponzi scheme. LR-20967 Mon, 23 Mar 2009 15:20:11 EDT http://www.sec.gov/litigation/litreleases/2009/lr20966.htm Court enters final judgment setting disgorgement, prejudgment interest and a civil penalty against Anthony A. James. LR-20966 Mon, 23 Mar 2009 14:44:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr20965.htm SEC charges Escala Group, Inc., its former CEO and CFO with disclosure and accounting fraud concerning related party transactions with parent company Afinsa. LR-20965 Mon, 23 Mar 2009 14:13:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr20964.htm Sharlene Abrams, former chief financial officer of Mercury Interactive, LLC, to be permanently enjoined and to pay civil penalties and disgorgement for stock option backdating and other fraudulent conduct; Abrams also to be barred from serving as an officer and director of a public company. LR-20964 Fri, 20 Mar 2009 17:02:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr20963.htm SEC charges former New York state official and top political advisor with defrauding the NY state retirement fund in multimillion dollar kickback scheme. LR-20963 Thu, 19 Mar 2009 12:43:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr20962a.htm SEC Charges Silicon Valley Hedge Fund Manager with Multi-Million Dollar Offering Fraud LR-20962A Thu, 19 Mar 2009 10:08:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr20961.htm SEC settles e-mail spam campaign case against two Texas individuals. LR-20961 Wed, 18 Mar 2009 16:38:57 EDT http://www.sec.gov/litigation/litreleases/2009/lr20960.htm SEC brings civil action against purported anti-terrorism company, its principals and others for pump-and-dump scheme. LR-20960 Wed, 18 Mar 2009 12:41:58 EDT http://www.sec.gov/litigation/litreleases/2009/lr20959.htm SEC charges Madoff auditors with fraud. LR-20959 Wed, 18 Mar 2009 10:44:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr20953a.htm SEC Files Settled Insider Trading Action Against a Former ACR Group, Inc. Employee LR-20953A Tue, 17 Mar 2009 16:43:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr20958.htm Court enters consent judgments against defendants Gerard A. McCallion, Tecumseh Holdings Corporation, Tecumseh Tradevest LLC, and S.B. Cantor & Co., Inc. LR-20958 Tue, 17 Mar 2009 15:56:33 EDT http://www.sec.gov/litigation/litreleases/2009/lr20957.htm SEC charges Paul M. Gozzo and PMG Capital, LLC with fraud in the market manipulation of microcap stocks. LR-20957 Tue, 17 Mar 2009 15:47:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr20956.htm Court establishes fair fund and appoints a distribution agent in K.W. Brown and Company, et al. LR-20956 Mon, 16 Mar 2009 11:46:19 EDT http://www.sec.gov/litigation/litreleases/2009/lr20955.htm Attorney charged in stock manipulation scheme. LR-20955 Fri, 13 Mar 2009 18:05:23 EDT http://www.sec.gov/litigation/litreleases/2009/lr20954.htm Court enters final judgment setting disgorgement, prejudgment interest and a civil penalty against Glenn E. Glasshagel. LR-20954 Fri, 13 Mar 2009 17:26:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr20952.htm Court enters final judgments against specialist firms. LR-20952 Fri, 13 Mar 2009 12:58:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr20951.htm On March 10, 2009, United States District Judge Michael R. Hogan entered a preliminary injunction against Defendants Sunwest Management, Inc. ("Sunwest"), Canyon Creek Development, Inc. ("CCD"), Canyon Creek Financial, LLC ("CCF"), and Jon M. Harder ("Preliminary Injunction"), in which the Court temporarily restrained and enjoined future violations by Sunwest, CCD, CCF and Harder of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and rule 10b-5 promulgated thereunder. The Court appointed Michael Grassmueck to act as a receiver over Sunwest, CCD, CCF, and several other entities in order to pursue claims against third parties and to protect assets from dissipation. The Court also enjoined creditors and claimants from filing lawsuits, liens or encumbrances or bankruptcy cases against any entity under receivership. LR-20951 Fri, 13 Mar 2009 12:58:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr20950.htm SEC charges Medquist Inc. and former senior executives with securities fraud. LR-20950 Fri, 13 Mar 2009 10:37:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr20949.htm SEC Charges Quest Software and Three Executives With Stock Option Backdating LR-20949 Thu, 12 Mar 2009 17:07:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr20948.htm Securities and Exchange Commission charges hedge fund employees and brokers with bribery scheme. LR-20948 Thu, 12 Mar 2009 16:03:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr20947.htm Former executive of Massachusetts public company pleads guilty for lying and obstructing justice in an SEC action. LR-20947 Thu, 12 Mar 2009 15:12:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr20946.htm SEC Halts Fraudulent Ponzi-like Scheme LR-20946 Thu, 12 Mar 2009 14:11:35 EDT http://www.sec.gov/litigation/litreleases/2009/lr20945.htm PowerCold Corporation and Its Executives Francis L. Simola, Joseph C. Cahill and Grayling R. Hofer Agree To Settle SEC Actions Charging Them With Fraudulent Revenue Recognition; Relief Includes Deregistration, Officer-and-Director Bars, Penalties, and a Bar From Practicing Before the Commission LR-20945 Thu, 12 Mar 2009 11:18:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr20944.htm Attorney Pleads Guilty to Conspiracy to Violate Securities Laws LR-20944 Wed, 11 Mar 2009 17:42:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr20943.htm SEC Charges Two Northern California Residents in $40 Million Ponzi Scheme LR-20943 Wed, 11 Mar 2009 14:29:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr20942.htm SEC settles with two defendants in Peregrine Systems accounting fraud case. LR-20942 Wed, 11 Mar 2009 13:31:36 EDT http://www.sec.gov/litigation/litreleases/2009/lr20941.htm SEC charges John Donnelly, Tower Analysis, Inc., Nasco Tang Corp., and Nadia Capital Corp. with operating a multi-million dollar Ponzi scheme and obtains temporary restraining order and order freezing assets. LR-20941 Wed, 11 Mar 2009 13:16:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr20940.htm SEC prevails in bench trial of Jonathan Curshen, a promoter in an internet "pump and dump" scheme while complaint against Timothy Miles, a principal shareholder dismissed. LR-20940 Tue, 10 Mar 2009 17:24:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr20939.htm SEC obtains injunctions against Ibiz Technology Corp., Kenneth W. Schilling, H. Mark Perkins, Jerrold B. McRoberts and Jeffrey Firestone; jury returns verdict for D. Scott Elliott. LR-20939 Tue, 10 Mar 2009 17:12:54 EDT http://www.sec.gov/litigation/litreleases/2009/lr20938.htm SEC brings settled actions against former CEO and CFO of AstroPower, Inc. for their roles in financial fraud. LR-20938 Tue, 10 Mar 2009 13:18:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr20937.htm SEC charges Denver stock promotion firm with fraud in back-to-back pump-and-dump schemes. LR-20937 Mon, 9 Mar 2009 15:26:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr20936.htm SEC files fraud action against investment adviser Locke Capital Management, Inc. and its owner Leila Jenkins. LR-20936 Mon, 9 Mar 2009 11:32:59 EDT http://www.sec.gov/litigation/litreleases/2009/lr20935.htm The Securities and Exchange Commission ("Commission") announced that on March 6, 2009, it filed a Complaint in the United States District Court for the Western District of North Carolina to halt an ongoing Ponzi scheme. The Complaint was filed against Shelby Dean Martin ("Martin"), D. Martin Enterprises, Inc. ("DM Enterprises") and DM Ventures, LLC ("DM Ventures"). LR-20935 Fri, 6 Mar 2009 17:27:09 EST http://www.sec.gov/litigation/litreleases/2009/lr20934.htm SEC charges Gary Richetelli with scheme to obtain stock in the NewAlliance Bancshares IPO. LR-20934 Fri, 6 Mar 2009 14:54:18 EST http://www.sec.gov/litigation/litreleases/2009/lr20933.htm SEC charges former CSK Auto Corporation management with accounting fraud. LR-20933 Fri, 6 Mar 2009 11:32:06 EST http://www.sec.gov/litigation/litreleases/2009/lr20932.htm SEC files application for order to show cause against James G. Ossie. LR-20932 Fri, 6 Mar 2009 11:13:02 EST http://www.sec.gov/litigation/litreleases/2009/lr20931.htm SEC charges former Florida stockbroker and broker dealer with securities fraud in $4.7 million market manipulation and kickback case. LR-20931 Thu, 5 Mar 2009 16:15:50 EST http://www.sec.gov/litigation/litreleases/2009/lr20930.htm SEC Obtains Preliminary Injunction In Minnesota Hedge Fund Fraud Case LR-20930 Thu, 5 Mar 2009 15:34:08 EST http://www.sec.gov/litigation/litreleases/2009/lr20929.htm The Securities and Exchange Commission announced that a federal court jury on March 3, 2009 returned a verdict in favor of Richard A. Kwak, of Escondido, California. LR-20929 Thu, 5 Mar 2009 15:11:22 EST http://www.sec.gov/litigation/litreleases/2009/lr20928.htm The Securities and Exchange Commission announced today that on February 26, 2009, United States District Court Judge Clarence B. Cooper granted the Commission's motion for summary judgment on its claims against Zahra Ghods and RUSA Cap., Inc. LR-20928 Thu, 5 Mar 2009 15:01:31 EST http://www.sec.gov/litigation/litreleases/2009/lr20927.htm The Securities and Exchange Commission today charged Pediatrix Medical Group, Inc. (now known as Mednax Services, Inc.) with backdating stock options grants to executives and employees and with reporting false financial information to shareholders. LR-20927 Thu, 5 Mar 2009 14:14:31 EST http://www.sec.gov/litigation/litreleases/2009/lr20926.htm SEC obtains emergency asset freeze to halt multi-million dollar real estate investment fraud. LR-20926 Thu, 5 Mar 2009 13:10:42 EST http://www.sec.gov/litigation/litreleases/2009/lr20925.htm Receiver Appointed and Assets Frozen In "Forex" Ponzi Scheme LR-20925 Thu, 5 Mar 2009 09:51:36 EST http://www.sec.gov/litigation/litreleases/2009/lr20924.htm Information for Customers of James M. Nicholson and Westgate Capital Management, LLC LR-20924 Wed, 4 Mar 2009 16:33:50 EST http://www.sec.gov/litigation/litreleases/2009/lr20923.htm The Securities and Exchange Commission announced that on March 4, 2009, it filed a Complaint in the United States District Court for the Middle District of North Carolina against Scott A. Livengood, John W. Tate and Randy S. Casstevens. LR-20923 Wed, 4 Mar 2009 16:06:14 EST http://www.sec.gov/litigation/litreleases/2009/lr20922.htm SEC sues 6 specialist firms for unlawful proprietary trading on the Chicago Stock Exchange; firms agree to pay more than $42 million in disgorgement and civil penalties. LR-20922 Wed, 4 Mar 2009 13:32:25 EST http://www.sec.gov/litigation/litreleases/2009/lr20921.htm Final judgment entered against former Massachusetts money manger charged with fraud. LR-20921 Tue, 3 Mar 2009 14:04:28 EST http://www.sec.gov/litigation/litreleases/2009/lr20920.htm SEC charges operators of multi billion dollar real estate enterprise. LR-20920 Mon, 2 Mar 2009 16:22:37 EST http://www.sec.gov/litigation/litreleases/2009/lr20919.htm Final judgment entered against Demetrius B. Brown. LR-20919 Mon, 2 Mar 2009 13:02:44 EST http://www.sec.gov/litigation/litreleases/2009/lr20918.htm SEC files complaint against Daren L. Palmer and Trigon Group, Inc. for operating a $40 million Ponzi scheme and obtains orders freezing assets, and appointing a receiver. LR-20918 Fri, 27 Feb 2009 13:04:19 EST http://www.sec.gov/litigation/litreleases/2009/lr20917.htm SEC seeks emergency relief to stop fraudulent offering of unregistered securities. LR-20917 Fri, 27 Feb 2009 13:04:19 EST http://www.sec.gov/litigation/litreleases/2009/lr20916.htm Final judgment entered against former Aspen Technology CFO charged in corporate accounting fraud. LR-20916 Thu, 26 Feb 2009 18:44:12 EST http://www.sec.gov/litigation/litreleases/2009/lr20915.htm SEC Settles Insider Trading Charges Against Matthew E. Kopsky and Ronald W. Davis Regarding the Securities of Engineered Support Systems, Inc. LR-20915 Thu, 26 Feb 2009 14:03:00 EST http://www.sec.gov/litigation/litreleases/2009/lr20914.htm The Securities and Exchange Commission ("Commission") announced that on February 17, 2009, the Honorable James M. Rosenbaum, U.S. District Court for the District of Minnesota, entered a Final Judgment against James T. Anderson, the co-founder and former CEO of Zomax, Inc. LR-20914 Thu, 26 Feb 2009 11:58:35 EST http://www.sec.gov/litigation/litreleases/2009/lr20913.htm SEC obtains emergency asset freeze to halt $30 million "fund of funds" investment scheme. LR-20913 Wed, 25 Feb 2009 17:21:37 EST http://www.sec.gov/litigation/litreleases/2009/lr20912.htm SEC charges two New York residents for misappropriating more than $500 million in investment scheme. LR-20912 Wed, 25 Feb 2009 17:21:37 EST http://www.sec.gov/litigation/litreleases/2009/lr20911.htm SEC Emergency Action Halts Fraud at Unregistered Hedge Fund LR-20911 Wed, 25 Feb 2009 14:22:28 EST http://www.sec.gov/litigation/litreleases/2009/lr20910.htm Final Judgments Entered Against Former Prudential Registered Representatives Michael L. Silver and Brian P. Corbett Concerning Deceptive Market Timing Practices LR-20910 Wed, 25 Feb 2009 13:40:42 EST http://www.sec.gov/litigation/litreleases/2009/lr20909.htm SEC charges former trader Victor Machado and former salesperson Frank Lu for participating in fraudulent trading scheme. LR-20909 Tue, 24 Feb 2009 14:39:27 EST http://www.sec.gov/litigation/litreleases/2009/lr20908.htm Judgments entered against defendants Pietro Cimino, Philip Pritchard, Global Development & Environmental Resources, Inc. and California-based securities attorney Carmine J. Bua. LR-20908 Mon, 23 Feb 2009 15:38:38 EST http://www.sec.gov/litigation/litreleases/2009/lr20907.htm SEC Obtains Emergency Relief in Minnesota Hedge Fund Fraud Case LR-20907 Fri, 20 Feb 2009 11:53:19 EST http://www.sec.gov/litigation/litreleases/2009/lr20906.htm On February 18, 2009, the Securities and Exchange Commission obtained a court order halting an alleged $4 million Ponzi scheme perpetrated by Hawaii-based Billion Coupons, Inc. and its CEO Marvin R. Cooper. LR-20906 Thu, 19 Feb 2009 10:59:42 EST http://www.sec.gov/litigation/litreleases/2009/lr20905.htm UBS agrees to pay $200 million to settle SEC charges for violating registration requirements. LR-20905 Wed, 18 Feb 2009 17:12:20 EST http://www.sec.gov/litigation/litreleases/2009/lr20904.htm SEC Charges Former Registered Representative William L. Walters With Fraud Arising From Ponzi Scheme LR-20904 Wed, 18 Feb 2009 12:28:48 EST http://www.sec.gov/litigation/litreleases/2009/lr20903.htm District court denies defendants' motions to dismiss SEC's amended complaint in Biovail matter. LR-20903 Tue, 17 Feb 2009 16:03:58 EST http://www.sec.gov/litigation/litreleases/2009/lr20902.htm SEC charges Research in Motion and four of its senior executives with stock option backdating. LR-20902 Tue, 17 Feb 2009 13:42:54 EST http://www.sec.gov/litigation/litreleases/2009/lr20901.htm SEC obtains temporary restraining order, asset freeze, and other relief against defendants LR-20901 Tue, 17 Feb 2009 12:04:43 EST http://www.sec.gov/litigation/litreleases/2009/lr20900.htm First Circuit Court of Appeals affirms dismissal of SEC action against three former Putnam Fiduciary Trust company execs. LR-20900 Fri, 13 Feb 2009 16:25:33 EST http://www.sec.gov/litigation/litreleases/2009/lr20899.htm SEC charges George Georgiou, a Canadian citizen, for market manipulation schemes. LR-20899 Thu, 12 Feb 2009 15:18:59 EST http://www.sec.gov/litigation/litreleases/2009/lr20898.htm The Securities and Exchange Commission announced today that the Honorable Dean D. Pregerson, United States District Court Judge for the Central District of California, entered final judgments, by consent, permanently enjoining Meridian Holdings, Inc., Anthony C. Dike and Michelle V. Nguyen from future violations of Sections 10(b), 13(a) and 13(b)(2)(A) of the Securities Exchange Act of 1934 and Rules 10b-5, 12b-20 and 13a-13 thereunder. LR-20898 Wed, 11 Feb 2009 15:58:29 EST http://www.sec.gov/litigation/litreleases/2009/lr20897a.htm SEC charges KBR, Inc. with foreign bribery; charges Halliburton Co. and KBR, Inc. with related accounting violations — companies to pay disgorgement of $177 million; KBR subsidiary to pay criminal fines of $402 million; total payments to be $579 million. LR-20897A Wed, 11 Feb 2009 13:56:06 EST http://www.sec.gov/litigation/litreleases/2009/lr20896.htm SEC files settled charges against ITT Corporation for violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act. LR-20896 Wed, 11 Feb 2009 13:33:39 EST http://www.sec.gov/litigation/litreleases/2009/lr20895.htm SEC settles insider trading charges with four individuals. LR-20895 Wed, 11 Feb 2009 13:33:39 EST http://www.sec.gov/litigation/litreleases/2009/lr20894.htm Court enters permanent injunction, officer and director bar, and penny stock bar against Marc T. Duchesne in market manipulation case. LR-20894 Tue, 10 Feb 2009 16:16:15 EST http://www.sec.gov/litigation/litreleases/2009/lr20893.htm SEC charges hedge fund managers grant Ivan Grieve, Finvest Asset Management, LLC, and Finvest Fund Management, LLC with securities fraud. LR-20893 Tue, 10 Feb 2009 14:59:11 EST http://www.sec.gov/litigation/litreleases/2009/lr20892.htm SEC charges Tulsa lawyer, former Dallas broker, and Canadian stock promoter in stock manipulation scheme. LR-20892 Tue, 10 Feb 2009 14:49:58 EST http://www.sec.gov/litigation/litreleases/2009/lr20891.htm Final Judgment Entered Against Former Officer of MetLife, Inc. Subsidiary New England Financal Charged in Fraudulent Scheme to Hide Expenses LR-20891 Tue, 10 Feb 2009 09:31:36 EST http://www.sec.gov/litigation/litreleases/2009/lr20890.htm The Securities and Exchange Commission today filed securities fraud and other charges against Quest Holdings, Inc. and its principal, Craig T. Jolly, of Spokane, Washington, for operating an internet-based Ponzi scheme promising monthly returns of up to 19.5 percent. LR-20890 Mon, 09 Feb 2009 15:00:10 EST http://www.sec.gov/litigation/litreleases/2009/lr20889.htm Defendant Bernard L. Madoff Consents to Partial Judgment Imposing Permanent Injunction and Continuing Other Relief LR-20889 Mon, 09 Feb 2009 11:10:39 EST http://www.sec.gov/litigation/litreleases/2009/lr20888.htm SEC Brings Fraud Charges Against Lewis E. Graham II and FLOWorks, Inc. LR-20888 Fri, 06 Feb 2009 17:30 EST http://www.sec.gov/litigation/litreleases/2009/lr20887.htm SEC files application for order to show cause against Andrew S. Mackey and Inger L. Jensen. LR-20887 Fri, 06 Feb 2009 13:12:35 EST http://www.sec.gov/litigation/litreleases/2009/lr20886.htm The Securities and Exchange Commission announced today that the Honorable Orinda D. Evans, United States District Judge for the Northern District of Georgia, entered an order permanently enjoining Ross Owen Haugen . The order restrained and enjoined Haugen from future violations of Section 17(a) of the Securities Act of 1933, and Sections 10(b) and 15(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. LR-20886 Fri, 06 Feb 2009 13:12:35 EST http://www.sec.gov/litigation/litreleases/2009/lr20885.htm SEC finalizes ARS settlement with Wachovia, providing over $7 billion in liquidity to investors. LR-20885 Thu, 05 Feb 2009 16:43:09 EST http://www.sec.gov/litigation/litreleases/2009/lr20884.htm SEC charges Wall Street professionals and others with insider trading. LR-20884 Thu, 05 Feb 2009 14:25:18 EST http://www.sec.gov/litigation/litreleases/2009/lr20883.htm SEC brings fraud charges and obtains emergency relief to stop ongoing prime bank scheme targeting seniors. LR-20883 Thu, 05 Feb 2009 13:12:56 EST http://www.sec.gov/litigation/litreleases/2009/lr20882.htm Commission charges Mark T. Turkcan with fraud. LR-20882 Wed, 04 Feb 2009 17:20:00 EST http://www.sec.gov/litigation/litreleases/2009/lr20881.htm Commission Halts Massive International Boiler Room Scheme LR-20881 Wed, 04 Feb 2009 14:58:49 EST http://www.sec.gov/litigation/litreleases/2009/lr20880.htm SEC Obtains Stipulated Judgment Against Former Biovail CEO On Stock Accumulation Disclosure Charges LR-20880 Wed, 04 Feb 2009 14:58:49 EST http://www.sec.gov/litigation/litreleases/2009/lr20879.htm The Securities and Exchange Commission today filed an emergency enforcement action against Scott M. Ross, a resident of Gilberts, Illinois, charging that Ross fraudulently obtained at least $10 million from approximately 300 investors. LR-20879 Wed, 04 Feb 2009 14:36:10 EST http://www.sec.gov/litigation/litreleases/2009/lr20878.htm Securities and Exchange Commission Charges Forest Resources Management Corp. with Fraud LR-20878 Mon, 02 Feb 2009 14:08:15 EST http://www.sec.gov/litigation/litreleases/2009/lr20877.htm Court Enters Final Judgment Setting Disgorgement and Civil Penalty Against Stanley B. Wasser LR-20877 Mon, 02 Feb 2009 13:53:42 EST