http://www.sec.gov/litigation/litreleases.shtml The latest litigation releases from the Securities and Exchange Commission en-us Fri, 5 Feb 2010 00:00:01 EST Fri, 5 Feb 2010 08:38:50 EST http://www.sec.gov/litigation/litreleases/2010/lr21410.htm SEC Obtains Preliminary Injunction Against Massachusetts-Based Operator Of Alleged Ponzi Scheme LR-21410 Fri, 5 Feb 2010 08:38:50 EST http://www.sec.gov/litigation/litreleases/2010/lr21409.htm SEC Will Not Proceed Further Against Broadcom Officers For Backdating Stock Options Based on Rulings and Comments From the Court LR-21409 Fri, 5 Feb 2010 08:38:50 EST http://www.sec.gov/litigation/litreleases/2010/lr21408.htm SEC Charges State Street for Misleading Investors About Subprime Mortgage Investments LR-21408 Thu, 4 Feb 2010 12:28:26 EST http://www.sec.gov/litigation/litreleases/2010/lr21407.htm Bank Of America Agrees to Pay $150 Million to Settle SEC Charges LR-21407 Thu, 4 Feb 2010 11:11:15 EST http://www.sec.gov/litigation/litreleases/2010/lr21406.htm The Securities and Exchange Commission announced today that the Honorable Orinda D. Evans, United States District Judge for the Northern District of Georgia has entered final judgment against defendants James A. Jeffery ("Jeffery") of Ontario, Canada and Thomas E. Repke ("Repke") of Holladay, Utah. LR-21406 Wed, 3 Feb 2010 16:37:36 EST http://www.sec.gov/litigation/litreleases/2010/lr21404.htm SEC Files Settled Insider Trading Charges Against Connecticut Residents LR-21404 Wed, 3 Feb 2010 12:11:20 EST http://www.sec.gov/litigation/litreleases/2010/lr21405.htm SEC Charges Israeli Businessman with Insider Trading in Securities of Scopus Video Networks Ltd LR-21405 Wed, 3 Feb 2010 11:25:40 EST http://www.sec.gov/litigation/litreleases/2010/lr21403.htm SEC Charges Former Hedge Fund Portfolio Manager in Insider Trading Scheme LR-21403 Tue, 2 Feb 2010 16:19:44 EST http://www.sec.gov/litigation/litreleases/2010/lr21402.htm Court Enters Default Judgment Against Hedge Fund Manager Grant Ivan Grieve LR-21402 Tue, 2 Feb 2010 15:59:22 EST http://www.sec.gov/litigation/litreleases/2010/lr21401.htm SEC Charges New York Securities Lawyer with Fraud for Role in Pump-and-Dump Scheme LR-21401 Tue, 2 Feb 2010 15:59:22 EST http://www.sec.gov/litigation/litreleases/2010/lr21400.htm SEC Brings Fraud Charges Against Children's Book Company LR-21400 Tue, 2 Feb 2010 14:47:20 EST http://www.sec.gov/litigation/litreleases/2010/lr21398.htm SEC Case Against Former Investment Adviser Settled and Claims Against Relief Defendant Voluntarily Dismissed LR-21398 Tue, 2 Feb 2010 09:49:40 EST http://www.sec.gov/litigation/litreleases/2010/lr21399.htm SEC Files Settled Offering Fraud Case Against Annapolis, Maryland Escrow Agent LR-21399 Mon, 2 Feb 2010 12:49:35 EST http://www.sec.gov/litigation/litreleases/2010/lr21397.htm Galleon Management, LP, et al. LR-21397 Fri, 29 Jan 2010 16:16:43 EST http://www.sec.gov/litigation/litreleases/2010/lr21396a.htm SEC alleges anti-fraud violations by Tsukuda-America and John W. Petros LR-21396A Thu, 28 Jan 2010 12:05:20 EST http://www.sec.gov/litigation/litreleases/2010/lr21395.htm SEC Files Complaint Against East Delta Resources Corp., Victor Sun, David Amsel and Mayer Amsel for Market Manipulation Scheme LR-21395 Tue, 26 Jan 2010 16:47:12 EST http://www.sec.gov/litigation/litreleases/2010/lr21394.htm Court Enters Judgment of Permanent Injunction Against Defendants Lancer Management Group, LLC and Lancer Management Group II, LLC and Disgorgement Judgment Against Relief Defendants Lancer Offshore, Inc., Lancer Partners, L.P., Omnifund, Ltd., LSPV, Inc. and LSPV, LLC and Commission Voluntarily Dismisses All Monetary Claims Against Them LR-21394 Mon, 25 Jan 2010 13:30:53 EST http://www.sec.gov/litigation/litreleases/2010/lr21394.htm Court Enters Judgment of Permanent Injunction Against Defendants Lancer Management Group, LLC and Lancer Management Group II, LLC and Disgorgement Judgment Against Relief Defendants Lancer Offshore, Inc., Lancer Partners, L.P., Omnifund, Ltd., LSPV, Inc. and LSPV, LLC and Commission Voluntarily Dismisses All Monetary Claims Against Them LR-21394 Mon, 25 Jan 2010 13:30:53 EST http://www.sec.gov/litigation/litreleases/2010/lr21393.htm The Securities and Exchange Commission ("Commission") announced that on December 22, 2009, the Commission filed a Motion for an Order to Show Cause ("Motion") against Daryn P. Fleming due to his failure to make monetary payments as ordered by the Court. LR-21393 Fri, 22 Jan 2010 17:13:08 EST http://www.sec.gov/litigation/litreleases/2010/lr21392.htm Former EMC Executive to Pay More Than $390,000 to Settle Insider Trading Charge LR-21392 Fri, 22 Jan 2010 15:14:35 EST http://www.sec.gov/litigation/litreleases/2010/lr21391.htm SEC Distributes More Than $10 Million To More Than 7,000 Investors Injured in Financial Fraud LR-21391 Fri, 22 Jan 2010 15:14:35 EST http://www.sec.gov/litigation/litreleases/2010/lr21390.htm SEC Settles Fraud Charges Against Two Registered Representatives and a Broker-Dealer LR-21390 Fri, 22 Jan 2010 13:15:06 EST http://www.sec.gov/litigation/litreleases/2010/lr21389.htm SEC RE-FILES INSIDER TRADING CHARGES AGAINST STEVEN E. NOTHERN RELATED TO TREASURY ANNOUNCEMENT LR-21389 Fri, 22 Jan 2010 12:06:08 EST http://www.sec.gov/litigation/litreleases/2010/lr21388.htm SEC Charges Assurant, Inc. With Improper Reinsurance Accounting LR-21388 Thu, 21 Jan 2010 16:27:32 EST http://www.sec.gov/litigation/litreleases/2010/lr21387.htm SEC CHARGES TEXAS CONSULTING FIRM AND ITS MANAGING PARTNER IN PUMP AND DUMP SCHEME LR-21387 Thu, 21 Jan 2010 12:47:34 EST http://www.sec.gov/litigation/litreleases/2010/lr21386.htm On January 20, 2010, the Securities and Exchange Commission filed a civil injunctive action in United States District Court for the Southern District of New York charging Bernard Daniel Braver, an unregistered boiler room salesman, with violating the registration and antifraud provisions of the Securities Act of 1933 ("Securities Act") and the Securities Exchange Act of 1934 ("Exchange Act"). Braver has agreed to settle the case, without admitting or denying the Commission's allegations. LR-21386 Thu, 21 Jan 2010 10:36:54 EST http://www.sec.gov/litigation/litreleases/2010/lr21385.htm Update for Investors — Court Approves Application of Receiver for One Equity Companies to Establish Proof of Claims Notice and Procedure LR-21385 Wed, 20 Jan 2010 17:47:02 EST http://www.sec.gov/litigation/litreleases/2010/lr21384.htm SEC Charges General Re Corporation for Role in AIG and Prudential Accounting Frauds LR-21384 Wed, 20 Jan 2010 16:45:16 EST http://www.sec.gov/litigation/litreleases/2010/lr21383.htm SEC Files Settled Insider Trading Charges Against Boston-Based Mutual Fund Insider LR-21383 Wed, 20 Jan 2010 12:08:47 EST http://www.sec.gov/litigation/litreleases/2010/lr21382.htm Federal Court Finds Jamie L. Solow in Contempt for Failure to Pay Disgorgement and Prejudgment Interest of Over $3.4 Million and Orders that He Surrender to the Custody of the U.S. Marshals to be Incarcerated Until Such Time as He Complies with the Court's Order to Pay. LR-21382 Tue, 19 Jan 2010 16:50:25 EST http://www.sec.gov/litigation/litreleases/2010/lr21381.htm Commission Voluntarily Dismisses All Monetary Claims for Disgorgement, Prejudgment Interest and Civil Penalties Against Andres L. Pimstein, The Bottom Line of South Florida, Inc. and Summit Trading LLC LR-21381 Tue, 19 Jan 2010 16:10:49 EST http://www.sec.gov/litigation/litreleases/2010/lr21380.htm Final Judgment of Permanent Injunction and Other Relief Entered Against Defendant Yolanda C. Velazquez LR-21380 Tue, 19 Jan 2010 14:26:23 EST http://www.sec.gov/litigation/litreleases/2010/lr21379.htm MASSACHUSETTS BROKER PLEADS GUILTY TO CRIMINAL CHARGES IN CONNECTION WITH SECURITIES FRAUD LR-21379 Fri, 15 Jan 2010 17:59:21 EST http://www.sec.gov/litigation/litreleases/2010/lr21378.htm Court Enters Final Judgments of Permanent Injunction and Other Relief Against Mammen P. Zachariah and Sheldon Nassberg LR-21378 Wed, 13 Jan 2010 17:08:25 EST http://www.sec.gov/litigation/litreleases/2010/lr21377.htm SEC Charges Bank of America for Failing to Disclose Extraordinary Losses at Merrill Lynch Prior to Merger LR-21377 Tue, 12 Jan 2010 17:08:00 EST http://www.sec.gov/litigation/litreleases/2010/lr21376.htm SEC Settles Insider Trading Charges Against Canadian Businessman LR-21376 Tue, 12 Jan 2010 14:14:52 EST http://www.sec.gov/litigation/litreleases/2010/lr21375.htm Court Enters Default Final Judgments of Disgorgement and Other Relief Against Relief Defendants Mundo Trade, Inc., and First Fiduciary Business Trust LR-21375 Tue, 12 Jan 2010 10:33:18 EST http://www.sec.gov/litigation/litreleases/2010/lr21374.htm SEC Files Settled Civil Action Charging NATCO Group Inc. with Violations of the Foreign Corrupt Practices Act LR-21374 Tue, 12 Jan 2010 08:30:00 EST http://www.sec.gov/litigation/litreleases/2010/lr21372.htm The Securities and Exchange Commission today filed securities fraud charges against two Sarasota, Florida investment advisers for their roles relating to a large-scale hedge fund fraud perpetrated by Arthur G. Nadel. LR-21372 Mon, 11 Jan 2010 17:48:54 EST http://www.sec.gov/litigation/litreleases/2010/lr21373.htm SEC Obtains Final Judgments Against Former Chief Executive Officer and Other Senior Officers and Directors of National Century Financial Enterprise for Their Roles in $2.38 Billion Securities Fraud LR-21373 Mon, 11 Jan 2010 17:24:35 EST http://www.sec.gov/litigation/litreleases/2010/lr21371.htm SEC AUTHORIZES CHARGES AGAINST BANK OF AMERICA FOR FAILURE TO DISCLOSE EXTRAORDINARY LOSSES AT MERRILL LYNCH PRIOR TO SHAREHOLDER VOTE TO APPROVE MERGER LR-21371 Mon, 11 Jan 2010 15:11:04 EST http://www.sec.gov/litigation/litreleases/2010/lr21370.htm SEC Files Settled Insider Trading Charges Against Massachusetts Resident LR-21370 Mon, 11 Jan 2010 15:11:04 EST http://www.sec.gov/litigation/litreleases/2010/lr21369.htm SEC OBTAINS EMERGENCY RELIEF TO HALT FRAUDULENT UNREGISTERED OFFERING TARGETING THE LOS ANGELES IRANIAN-AMERICAN COMMUNITY LR-21369 Mon, 11 Jan 2010 13:01:25 EST http://www.sec.gov/litigation/litreleases/2010/lr21368.htm On December 22, 2009, the United States District Court for the Northern District of Texas entered judgments by default against defendants Desmond J. Milligan, Jason W. Brola, Market 99 Ltd. formerly known as eCarfly, Inc., Tryst Capital Group, LLC formerly of Dallas, Texas and Griffdom Enterprises, Inc., a Texas corporation operating from Malibu, California. LR-21368 Mon, 11 Jan 2010 12:04:46 EST http://www.sec.gov/litigation/litreleases/2010/lr21367.htm The Securities and Exchange Commission ("SEC") announced that on January 7, 2010, the Honorable John Feikens of the United States District Court for the Eastern District of Michigan issued a final judgment against Edward P. May ("May"), in connection with an $250 million offering fraud that allegedly involved phony Las Vegas casino and resort telecommunication deals that were sold to as many as 1,200 investors, many of whom are senior citizens. May consented to the Order without admitting or denying the allegations of the SEC's complaint. The Court's Order permanently enjoins May from violating Sections 5 and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Order further requires May to pay disgorgement in the amount of $37 million, plus prejudgment interest of $3.8 million, and a civil penalty of $130,000. LR-21367 Fri, 8 Jan 2010 16:01:19 EST http://www.sec.gov/litigation/litreleases/2010/lr21366.htm The Securities and Exchange Commission today announced fraud charges and an asset freeze against Steve W. Salutric ("Salutric"), a resident of Carol Stream, Illinois, for operating a fraudulent scheme in which, through forgery and other fraudulent means, he misappropriated several million dollars from his clients at Results One Financial, LLC, an investment advisory firm in Elmhurst, Illinois. LR-21366 Fri, 8 Jan 2010 16:01:19 EST http://www.sec.gov/litigation/litreleases/2010/lr21365.htm SEC Obtains Emergency Relief to Halt Unregistered Oil and Gas Offering LR-21365 Fri, 8 Jan 2010 12:22:02 EST http://www.sec.gov/litigation/litreleases/2010/lr21364.htm SEC Charges Massachusetts-Based Operator of Alleged Ponzi Scheme and Obtains Emergency Relief LR-21364 Fri, 8 Jan 2010 11:40:31 EST http://www.sec.gov/litigation/litreleases/2010/lr21363.htm On January 4, 2010, the United States District Court for the Northern District of Georgia entered judgments by default against defendants Gerald P. Alexander, CJB Consulting, Inc., and Regis Filia Holdings, Inc. of Alpharetta, Georgia. The district court's order enjoins Alexander, CJB, and Regis Filia from violating Sections 5(a) and 5(c) of the Securities Act of 1933 by engaging in the offer or sale of securities as to which no registration statement has been filed or in effect. The orders were based upon the defendants' sales of the securities of thirteen public companies between March 2006 and March 2008. The order also enjoins the defendants from acting as unregistered brokers or dealers in violations of Section 15(a) of the Securities Exchange Act of 1934. The complaint alleged that Alexander held himself out as an investment banker who could raise funds for public companies. The district court ordered Alexander and CJB jointly and severally to pay disgorgement and prejudgment interest totaling $2,351,720 and a third-tier civil penalty of $130,000, and ordered Alexander and Regis Filia jointly and severally to pay disgorgement and prejudgment interest totaling $396,258 and a third-tier civil penalty of $130,000. The district court also permanently barred the defendants from participating in the offering of penny stocks. LR-21363 Thu, 7 Jan 2010 12:56:31 EST http://www.sec.gov/litigation/litreleases/2010/lr21362.htm Michael F. Shanahan, Sr., Former Engineered Support Systems, Inc. Chairman and CEO, Agrees to Settle SEC Charges in Option Backdating Case; Relief Includes Permanent Injunction, Officer-and-Director Bar, and $750,000 Civil Penalty LR-21362 Wed, 6 Jan 2010 16:43:17 EST http://www.sec.gov/litigation/litreleases/2010/lr21361.htm SEC Settles with Former Merrill Lynch Executive for Aiding and Abetting Enron Fraud LR-21361 Wed, 6 Jan 2010 15:30:37 EST http://www.sec.gov/litigation/litreleases/2010/lr21360.htm Perot Systems Insider Trader Agrees to Return $8.6 Million In Illicit Profits LR-21360 Tue, 5 Jan 2010 16:48:03 EST http://www.sec.gov/litigation/litreleases/2010/lr21359.htm Last of Fourteen Defendants Settles Charges in Wall Street Insider Trading Case LR-21359 Tue, 5 Jan 2010 14:34:30 EST http://www.sec.gov/litigation/litreleases/2010/lr21358.htm On December 22, 2009 the Honorable Keith Starrett, United States District Judge for the Southern District of Mississippi, entered a Final Judgment imposing a permanent injunction, $174,514 in disgorgement, $31,208 in prejudgment interest thereon, and a civil penalty of $6,500 against Nolan Wayne Wade ("Wade") of Moselle, Mississippi. Wade consented to the entry of the injunctive relief, the disgorgement amount, and the prejudgment interest without admitting or denying the allegations of the Complaint. LR-21358 Mon, 4 Jan 2010 16:58:53 EST http://www.sec.gov/litigation/litreleases/2009/lr21357.htm SEC CHARGES CALIFORNIA TELECOM COMPANY WITH BRIBERY AND OTHER FCPA VIOLATIONS LR-21357 Thu, 31 Dec 2009 13:55:28 EST http://www.sec.gov/litigation/litreleases/2009/lr21356.htm Former Cendant Corporation Chairman Walter A. Forbes Settles SEC Fraud Action LR-21356 Wed, 30 Dec 2009 10:15:41 EST http://www.sec.gov/litigation/litreleases/2009/lr21355.htm SEC Charges Houston-Based Broker With Defrauding Florida Municipalties LR-21355 Tue, 29 Dec 2009 15:08:25 EST http://www.sec.gov/litigation/litreleases/2009/lr21354.htm DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANTS RONNIE EUGENE BASS, HOMEPALS, LLC AND HOMEPALS INVESTMENT CLUB, LLC LR-21354 Tue, 29 Dec 2009 12:25:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21353.htm SEC OBTAINS PRELIMINARY INJUNCTION OVER LIMITED PARTNERSHIP MANAGED BY CULVER CITY ADVISER LR-21353 Thu, 24 Dec 2009 11:18:47 EST http://www.sec.gov/litigation/litreleases/2009/lr21352.htm SEC Secures Settlement with Ohio Investment Adviser Who Defrauded Elderly Clients LR-21352 Wed, 23 Dec 2009 16:57:47 EST http://www.sec.gov/litigation/litreleases/2009/lr21351.htm On December 21, 2009, the United States District Court for the Southern District of New York entered a Judgment against former Golden Apple Oil and Gas, Inc. ("Golden Apple") president Jay Budd. Without admitting or denying the allegations in the Commission's Complaint, Budd consented to entry of the Judgment, which prohibits Budd from acting as an officer or director of a public company, permanently bars Budd from participating in an offering of penny stock, and permanently enjoins Budd from violating Sections 5 and 17(a) of the Securities Act, 15 U.S.C. §§ 77e and 77q(a), Section 10(b) of the Exchange Act, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. § 240.10b-5 thereunder. The Judgment also orders Budd to pay disgorgement with prejudgment interest and a civil penalty in amounts to be determined by the Court upon the Commission's motion. LR-21351 Wed, 23 Dec 2009 16:37:35 EST http://www.sec.gov/litigation/litreleases/2009/lr21349.htm Court Enters Final Judgment by Consent Against Defendant Clifford A. Lewis LR-21349 Wed, 23 Dec 2009 15:32:10 EST http://www.sec.gov/litigation/litreleases/2009/lr21350.htm SEC CHARGES FORMER PRESIDENT OF WORLD HEALTH ALTERNATIVES, INC. AND THREE OTHERS FOR CONDUCTING FINANCIAL FRAUD LR-21350 Wed, 23 Dec 2009 14:22:56 EST http://www.sec.gov/litigation/litreleases/2009/lr21348.htm Commission Sues Houston Residents In Connection with $5.5 Million Oil-and-Gas Fraud LR-21348 Wed, 23 Dec 2009 12:12:09 EST http://www.sec.gov/litigation/litreleases/2009/lr21347.htm SECURITIES AND EXCHANGE COMMISSION OBTAINS EMERGENCY ASSET FREEZE AGAINST PURCHASERS OF CALL OPTIONS FOR CHATTEM, INC. PRIOR TO ACQUISITION ANNOUNCEMENT LR-21347 Wed, 23 Dec 2009 12:12:09 EST http://www.sec.gov/litigation/litreleases/2009/lr21346.htm SEC Sues Austin Real Estate Developer and its Principal for Conducting Fraudulent Securities Offering LR-21346 Wed, 23 Dec 2009 09:30:58 EST http://www.sec.gov/litigation/litreleases/2009/lr21345.htm SEC Charges Idaho Mining Company and Former CEO with Illegal Stock Scheme LR-21345 Tue, 22 Dec 2009 13:27:38 EST http://www.sec.gov/litigation/litreleases/2009/lr21344.htm On December 11, 2009, the Honorable Chief Judge Michael J. Davis of the U.S. District Court for the District of Minnesota issued an Order for a Rule to Show Cause ("Show Cause Order") against Trevor G. Cook ("Cook") requiring Cook to show cause why an order of contempt should not be entered against him for violating the Court's order entered on November 23, 2009. A hearing was commenced on December 11, 2009 and continued to January 8, 2010. LR-21344 Fri, 18 Dec 2009 14:25:35 EST http://www.sec.gov/litigation/litreleases/2009/lr21343.htm Investment Adviser Criminally Charged For Defrauding Investors LR-21343 Fri, 18 Dec 2009 10:04:02 EST http://www.sec.gov/litigation/litreleases/2009/lr21342.htm SEC CHARGES FORMER CFO AND CONTROLLER FOR ROLES IN ACCOUNTING VIOLATIONS AT BALLY TOTAL FITNESS LR-21342 Thu, 17 Dec 2009 16:40:40 EST http://www.sec.gov/litigation/litreleases/2009/lr21341.htm DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENANTS POINTER WORLDWIDE, LTD. AND TATIANA BADMAEVA LR-21341 Thu, 17 Dec 2009 12:53:52 EST http://www.sec.gov/litigation/litreleases/2009/lr21340.htm SEC OBTAINS AMENDED JUDGMENT IN OFFERING FRAUD PROHIBITING ANY FURTHER OFFERS OR SALES OF SECURITIES BY DEFENDANTS LR-21340 Thu, 17 Dec 2009 12:53:52 EST http://www.sec.gov/litigation/litreleases/2009/lr21338.htm SEC HALTS MULTI-MILLION DOLLAR INVESTMENT SCHEME LR-21338 Wed, 16 Dec 2009 17:44:20 EST http://www.sec.gov/litigation/litreleases/2009/lr21339.htm SEC CHARGES FORMER EMPLOYEES OF GLOBAL FIRMS IN SERIAL INSIDER TRADING SCHEME LR-21339 Wed, 16 Dec 2009 16:07:48 EST http://www.sec.gov/litigation/litreleases/2009/lr21337.htm SEC HALTS MULTI-MILLION DOLLAR ONGOING FRAUD IN ORANGE COUNTY LR-21337 Tue, 15 Dec 2009 17:40:04 EST http://www.sec.gov/litigation/litreleases/2009/lr21336.htm SEC OBTAINS PRELIMINARY INJUNCTION AGAINST JEREMY J. BLACKBURN IN LAWSUIT ALLEGING MISAPPROPRIATION OF INVESTORS FUNDS AND PONZI SCHEME LR-21336 Tue, 15 Dec 2009 17:21:24 EST http://www.sec.gov/litigation/litreleases/2009/lr21335.htm SEC CHARGES FORMER OFFICER OF PRIDE INTERNATIONAL WITH VIOLATING THE FOREIGN CORRUPT PRACTICES ACT LR-21335 Mon, 14 Dec 2009 15:14:36 EST http://www.sec.gov/litigation/litreleases/2009/lr21334.htm COURT ORDERS DISTRIBUTION IN NEWALLIANCE BANCSHARES IPO FRAUD LR-21334 Mon, 14 Dec 2009 13:07:52 EST http://www.sec.gov/litigation/litreleases/2009/lr21333.htm FINAL JUDGMENTS ENTERED AGAINST MASSACHUSETTS-BASED INVESTMENT ADVISERS CHARGED WITH FRAUD LR-21333 Mon, 14 Dec 2009 12:14:55 EST http://www.sec.gov/litigation/litreleases/2009/lr21332.htm SEC Charges Additional Attorney in $20 Million Insider Trading Scheme LR-21332 Thu, 10 Dec 2009 13:39:20 EST http://www.sec.gov/litigation/litreleases/2009/lr21331.htm SEC Charges Investools Inc. and Two Former Employees with Securities Law Violations for Misrepresentations at Investor Workshops LR-21331 Thu, 10 Dec 2009 10:33:58 EST http://www.sec.gov/litigation/litreleases/2009/lr21330.htm DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANTS BERKSHIRE RESOURCES, L.L.C., BERKSHIRE (40L), L.L.P., BERKSHIRE 2006-5, L.L.P., PASSMORE-5, L.L.P., GUEYDAN CANAL 28-5, L.L.P., GULF COAST DEVELOPMENT #12, L.L.P., AND DRILLING DEEP IN THE LOUISIANA WATER, J.V. LR-21330 Thu, 10 Dec 2009 09:56:22 EST http://www.sec.gov/litigation/litreleases/2009/lr21329.htm SEC BLOCKS PONZI SCHEME INVOLVING PURPORTED INVESTMENTS IN PERSONAL INJURY SETTLEMENTS LR-21329 Tue, 8 Dec 2009 17:35:28 EST http://www.sec.gov/litigation/litreleases/2009/lr21328.htm SEC CHARGES CALIFORNIA FIRM AND CEO WITH DEFRAUDING CUSTOMERS IN SALES OF RISKY MORTGAGE-BACKED SECURITIES LR-21328 Tue, 8 Dec 2009 15:12:26 EST http://www.sec.gov/litigation/litreleases/2009/lr21327.htm SEC CHARGES FORMER OFFICERS OF SUBPRIME LENDER NEW CENTURY WITH FRAUD LR-21327 Mon, 7 Dec 2009 14:22:42 EST http://www.sec.gov/litigation/litreleases/2009/lr21326.htm JOHN E. BRAKE, REMAINING DEFENDANT IN OFFERING FRAUD LITIGATION, SETTLES TO PERMANENT INJUNCTION AND AGREES TO PAY $1.2 MILLION LR-21326 Mon, 7 Dec 2009 13:09:05 EST http://www.sec.gov/litigation/litreleases/2009/lr21325.htm Court Appoints Receiver for Dallas Oil and Gas Company and Enters Injunctions Against the Company and its Principals for Conducting Fraudulent $57 Million Debenture Offering LR-21325 Fri, 4 Dec 2009 17:46:34 EST http://www.sec.gov/litigation/litreleases/2009/lr21324.htm SEC OBTAINS ASSET FREEZE AGAINST CANOPY FINANCIAL, INC.; CO-FOUNDER IN LAWSUIT ALLEGING $75 MILLION OFFERING FRAUD AND MISAPPROPRIATION OF INVESTOR FUNDS LR-21324 Fri, 4 Dec 2009 17:46:34 EST http://www.sec.gov/litigation/litreleases/2009/lr21323.htm SEC FILES LAWSUIT AGAINST BLACK BOX CORPORATION, FORMER CEO AND FORMER CFO FOR STOCK-OPTIONS BACKDATING VIOLATIONS LR-21323 Fri, 4 Dec 2009 13:16:05 EST http://www.sec.gov/litigation/litreleases/2009/lr21322.htm SEC CHARGES PURPORTED BIO-DIESEL COMPANY WITH FRAUD LR-21322 Fri, 4 Dec 2009 11:47:28 EST http://www.sec.gov/litigation/litreleases/2009/lr21321.htm SEC OBTAINS ASSET FREEZE OF JOSEPH S. BLIMLINE FOR HIS INVOLVEMENT IN THE PROVIDENT ROYALTIES $485 MILLION NATIONWIDE OFFERING FRAUD LR-21321 Fri, 4 Dec 2009 11:47:28 EST http://www.sec.gov/litigation/litreleases/2009/lr21320.htm SEC OBTAINS PRELIMINARY INJUCNTION IN AFFINITY FRAUD CASE TARGETING THE SOMALI COMMUNITY LR-21320 Wed, 2 Dec 2009 15:06:33 EST http://www.sec.gov/litigation/litreleases/2009/lr21319.htm Penny Stock Promoter Mark Lefkowitz and Compass Capital Group to Pay $800,000 in Settlement of SEC Charges of Conducting An Unlawful Public Offering, Aiding and Abetting Securities Fraud, Acting as Unregistered Broker Dealer, and Failing to Report Holdings LR-21319 Wed, 2 Dec 2009 14:19:14 EST http://www.sec.gov/litigation/litreleases/2009/lr21318.htm Court Enters Default Judgment Against Anticevic in Widespread Insider Trading Scheme LR-21318 Wed, 2 Dec 2009 10:23:51 EST http://www.sec.gov/litigation/litreleases/2009/lr21317.htm SEC Charges Whitney Lund with Securities Fraud, Unregistered Stock Distribution and Aiding and Abetting Transfer Agent Regulations LR-21317 Tue, 1 Dec 2009 17:50:55 EST http://www.sec.gov/litigation/litreleases/2009/lr21316.htm JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT ABNER ALABRE LR-21316 Tue, 1 Dec 2009 12:42:16 EST http://www.sec.gov/litigation/litreleases/2009/lr21315.htm SECOND CIRCUIT COURT OF APPEALS AFFIRMS JURY VERDICT AND JUDGMENT AGAINST FORMER MAJORITY LEADER OF CONNECTICUT STATE SENATE LR-21315 Mon, 30 Nov 2009 16:20:12 EST http://www.sec.gov/litigation/litreleases/2009/lr21314.htm SEC Charges Hurricane Restoration Company and Executives In Post-Katrina Accounting Fraud; Four Individuals Settle LR-21314 Mon, 30 Nov 2009 15:58:24 EST http://www.sec.gov/litigation/litreleases/2009/lr21313.htm On November 23, 2009, the Honorable Michael J. Davis of the U.S. District Court for the District of Minnesota issued an Asset Freeze Order against all assets of Trevor G. Cook (Cook), Patrick J. Kiley (Kiley), both Minnesota residents, and UBS Diversified Growth LLC, Universal Brokerage FX Management LLC, Oxford Global Advisors LLC, and Oxford Global Partners LLC (the Defendant Companies), four shell companies owned or controlled by them. The court also issued an asset freeze order against several Relief Defendant Companies: Basel Group LLC, Crown Forex LLC, Market Shot LLC, PFG Coin and Bullion, Oxford FX Growth L.P., Oxford Global FX LLC, Oxford Global Managed Futures Fund L.P, UBS Diversified FX Advisors LLC, UBS Diversified FX Growth L.P., and UBS Diversified FX Management LLC. The court also entered a freeze order against certain assets of relief defendants Clifford and Ellen Berg, who received investor funds from Cook. In addition, Judge Davis issued an order appointing a receiver over all of these assets. The court issued the freeze and receivership orders under seal while the assets were being secured, and the seal has now been lifted. LR-21313 Tue, 24 Nov 2009 16:09:39 EST http://www.sec.gov/litigation/litreleases/2009/lr21312.htm Jury Enters Verdict in Insider Trading Case LR-21312 Tue, 24 Nov 2009 11:49:34 EST http://www.sec.gov/litigation/litreleases/2009/lr21311.htm Capital Mountain Holding Corporation, et al. LR-21311 Mon, 23 Nov 2009 11:39:20 EST http://www.sec.gov/litigation/litreleases/2009/lr21310.htm SEC HALTS AFFINITY FRAUD TARGETING THE SOMALI COMMUNITY. LR-21310 Fri, 20 Nov 2009 11:39:20 EST http://www.sec.gov/litigation/litreleases/2009/lr21309.htm By order dated November 19, 2009, the Honorable Harold Baer, Jr. of the United States District Court for the Southern District of New York vacated the Final Judgment entered by the Court on November 18, 2009, further described in Litigation Release 21307, and scheduled a conference for December 1, 2009. LR-21309 Fri, 20 Nov 2009 15:01:44 EST http://www.sec.gov/litigation/litreleases/2009/lr21308.htm SEC Charges Two Individuals With Illegal Insider Trading in Advance of Negative News LR-21308 Fri, 20 Nov 2009 08:40:59 EST http://www.sec.gov/litigation/litreleases/2009/lr21307.htm SEC SETTLES INSIDER TRADING ACTION AGAINST ABU DHABI NATIONAL LR-21307 Thu, 19 Nov 2009 12:17:58 EST http://www.sec.gov/litigation/litreleases/2009/lr21306.htm SEC OBTAINS PERMANENT INJUNCTIONS IN A PHONY INVESTMENT POOL SCHEME; PROMOTER PERMANENTLY BARRED LR-21306 Thu, 19 Nov 2009 12:17:58 EST http://www.sec.gov/litigation/litreleases/2009/lr21305.htm SEC Charges Investor Relations Firm and its Executives with Fraud, Registration Violations, and Acting as an Unregistered Broker-Dealer LR-21305 Wed, 18 Nov 2009 16:26:56 EST http://www.sec.gov/litigation/litreleases/2009/lr21304.htm SEC OBTAINS ASSET FREEZE OVER LIMITED PARTNERSHIP MANAGED BY CULVER CITY ADVISER LR-21304 Wed, 18 Nov 2009 15:50:46 EST http://www.sec.gov/litigation/litreleases/2009/lr21303.htm Remaining Defendant in Restoration Hardware Insider Trading Scheme Permanently Enjoined From Future Violations And Ordered To Pay $1,190,102 In Disgorgement And Penalty LR-21303 Wed, 18 Nov 2009 11:57:56 EST http://www.sec.gov/litigation/litreleases/2009/lr21301.htm SEC obtains emergency relief against alleged promoters of "green" investment Ponzi scheme LR-21301 Tue, 17 Nov 2009 13:58:46 EST http://www.sec.gov/litigation/litreleases/2009/lr21302.htm SEC Charges Former Executives at Silicon Valley Company for Inflating Financial Results LR-21302 Tue, 17 Nov 2009 13:35:30 EST http://www.sec.gov/litigation/litreleases/2009/lr21299.htm COURT ENTERES DEFAULT JUDGMENT OF PERMANENT INJUNCTION AGAINST DEFENDANT WALL STREET COMMUNICATIONS, INC. LR-21299 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21298.htm FINAL JUDGMENT OF DISGORGEMENT AND CIVIL PENALTY ENTERED AGAINST DEFENDANT JON F. SIMMS LR-21298 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21297.htm COURT ENTERS JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF AGAINST DEFENDANT GEORGE L. THEODULE LR-21297 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21296.htm COURT ENTERS JUDGMENT OF PERMANENT INJUNCTION BY DEFAULT AGAINST GMC HOLDING CORPORATION AND ORDERS THE COMPANY AND ITS CHIEF EXECUTIVE, RICHARD BRACE TO PAY DISGORGEMENT LR-21296 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21295.htm COURT ENTERS FINAL JUDGMENTS ORDERING DISGORGEMENT AGAINST DEFENDANTS CONCORDE AMERICA, INC., AND HARTLEY LORD AND IMPOSING CIVIL PENALTIES AGAINST DEFENDANTS LORD AND THOMAS HEYSEK LR-21295 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21294.htm COURT ENTERS FINAL JUDGMENT AGAINST DEFENDANT DANTE M. PANELLA LR-21294 Mon, 16 Nov 2009 16:40:29 EST http://www.sec.gov/litigation/litreleases/2009/lr21300.htm SEC Charges Bancinsurance Corporation and its Senior Executive with Securities Fraud LR-21300 Mon, 16 Nov 2009 15:49:18 EST http://www.sec.gov/litigation/litreleases/2009/lr21293.htm SEC Sues Houston Businessman for Conducting Fraudulent $10 Million Promissory-Note Offering LR-21293 Fri, 13 Nov 2009 17:01:23 EST http://www.sec.gov/litigation/litreleases/2009/lr21292.htm SEC CHARGES MADOFF COMPUTER PROGRAMMERS. LR-21292 Fri, 13 Nov 2009 16:47:36 EST http://www.sec.gov/litigation/litreleases/2009/lr21291.htm DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT OSVALDO PITTERS. LR-21291 Thu, 12 Nov 2009 12:12:36 EST http://www.sec.gov/litigation/litreleases/2009/lr21290.htm SEC CHARGES SAFENET, INC. AND TWO FORMER SENIOR OFFICERS IN EARNINGS MANAGEMENT AND OPTIONS BACKDATING SCHEMES LR-21290 Thu, 12 Nov 2009 12:06:30 EST http://www.sec.gov/litigation/litreleases/2009/lr21289.htm SEC CHARGES EZRA C. LEVY, FORMER CFO OF INVESTMENT ADVISORY FIRM, WITH FRAUD AND SEEKS ORDER FREEZING HIS ASSETS LR-21289 Tue, 10 Nov 2009 16:40:36 EST http://www.sec.gov/litigation/litreleases/2009/lr21288.htm The Securities and Exchange Commission announced that, on November 6, 2009, it filed a civil action in the United States District Court for the District of Colorado against Thomas B. Evans, a resident of Austin, Texas, alleging that he violated the antifraud provisions of the federal securities laws. LR-21288 Mon, 9 Nov 2009 10:18:16 EST http://www.sec.gov/litigation/litreleases/2009/lr21287.htm On September 24, 2009, following a ten day trial, including three days of deliberation, the jury in the Commission's civil action against Joseph A. Fontanetta pending in the United States District Court for the Southern District of New York informed the court that it was deadlocked and was unable to reach a verdict. The Court declared a mistrial and set a re-trial date of November 16, 2009. On November 2, 2009, the Commission and the Defendant entered into joint stipulation resulting in the dismissal of the case. LR-21287 Fri, 6 Nov 2009 17:34:35 EST http://www.sec.gov/litigation/litreleases/2009/lr21286.htm SEC OBTAINS JURY VERDICT FINDING STOCK BROKER LIABLE FOR INSIDER TRADING IN THE SECURITIES OF AVIALL, INC. LR-21286 Fri, 6 Nov 2009 17:34:35 EST http://www.sec.gov/litigation/litreleases/2009/lr21285.htm SEC SETTLES INSIDER TRADING CHARGES AGAINST WALL STREET PROFESSIONAL AND TIPPEE LR-21285 Fri, 6 Nov 2009 16:14:44 EST http://www.sec.gov/litigation/litreleases/2009/lr21284.htm SEC Charges 13 Additional Individuals and Entities in Galleon Insider Trading Case LR-21284 Thu, 5 Nov 2009 15:51:37 EST http://www.sec.gov/litigation/litreleases/2009/lr21283.htm SEC Charges Wall Street Ring that Made Over $20 Million Serially Trading on Acquisition Information Tipped by Attorney at International Law Firm LR-21283 Thu, 5 Nov 2009 13:51:37 EST http://www.sec.gov/litigation/litreleases/2009/lr21282.htm SEC charges Merge Healthcare Incorporated, Richard Linden, and Scott Veech in connection with accounting fraud LR-21282 Wed, 4 Nov 2009 16:25:11 EST http://www.sec.gov/litigation/litreleases/2009/lr21281.htm On September 29, 2009, the Honorable Andrew Guilford, United States District Judge for the Central District of California, entered a Final Judgment against Steven V. Cotton, pursuant to Cotton's Consent. Cotton is the former chief financial officer and chief operating officer of Lantronix, Inc., an Irvine, California technology company. LR-21281 Wed, 4 Nov 2009 15:10:01 EST http://www.sec.gov/litigation/litreleases/2009/lr21279.htm Court Enters Judgments Against Relief Defendants NextStep Medical Staffing IL, Inc., NextStep Holdings, Inc., Spectrum Entertainment Group, Inc. and The Ilumina Group, Inc., Ordering Them to Pay Disgorgement and Prejudgment Interest LR-21279 Wed, 4 Nov 2009 14:15:33 EST http://www.sec.gov/litigation/litreleases/2009/lr21280.htm SEC charges two former directors of J.P. Morgan Securities with fraud in connection with unlawful payment scheme to obtain municipal bond and swap business LR-21280 Wed, 4 Nov 2009 12:25:40 EST http://www.sec.gov/litigation/litreleases/2009/lr21278.htm Court enters permanent injunction and other relief against James Treacy in stock options backdating case LR-21278 Wed, 4 Nov 2009 12:25:40 EST http://www.sec.gov/litigation/litreleases/2009/lr21277.htm Three Former Executives Of Symbol Technologies, Inc. Settle SEC Action by Agreeing to Permanent Injunctions, Monetary Penalties and Other Relief LR-21277 Wed, 4 Nov 2009 09:57:45 EST http://www.sec.gov/litigation/litreleases/2009/lr21276.htm Information for investors in Cameron International, Inc. LR-21276 Tue, 3 Nov 2009 16:57:05 EST http://www.sec.gov/litigation/litreleases/2009/lr21275.htm SEC obtains permanent injunctive relief against Randy M. Cho in lawsuit alleging misappropriation of investors funds and Ponzi scheme LR-21275 Tue, 3 Nov 2009 12:47:34 EST http://www.sec.gov/litigation/litreleases/2009/lr21274.htm MADOFF AUDITORS CONSENT TO PARTIAL JUDGMENT IMPOSING PERMANENT INJUNCTIONS LR-21274 Tue, 3 Nov 2009 11:43:47 EST http://www.sec.gov/litigation/litreleases/2009/lr21273.htm COURT DISMISSES CLAIMS AGAINST IAIN BROWN PURSUANT TO NOTICE OF VOUNTARY DISMISSAL FILED BY THE SECURITIES AND EXCHANGE COMMISSION LR-21273 Mon, 2 Nov 2009 16:50:23 EST http://www.sec.gov/litigation/litreleases/2009/lr21270.htm Court Enters Final Judgments of Permanent Injunction and Other Relief as to Robert E. Lane, Wealth Pools International, Inc. and Recruit for Wealth, Inc. and Final Judgments and other Relief as to Renee Becker and Julia Lane LR-21270 Fri, 30 Oct 2009 16:02:32 EDT http://www.sec.gov/litigation/litreleases/2009/lr21269.htm Court Enters Final Judgments and Other Relief as to Relief Defendants Richard Lane and T-N-T Education Company, Inc. LR-21269 Fri, 30 Oct 2009 16:02:32 EDT http://www.sec.gov/litigation/litreleases/2009/lr21272.htm SEC CHARGES CHINA HOLDINGS, INC. AND ITS CEO WITH FRAUD FOR FILING UNAUTHORIZED AUDIT REPORTS LR-21272 Fri, 30 Oct 2009 15:53:04 EDT http://www.sec.gov/litigation/litreleases/2009/lr21271.htm SEC Charges Former CFO and Six Relatives and Friends in California-Based Insider Trading Ring LR-21271 Fri, 30 Oct 2009 14:11:08 EDT http://www.sec.gov/litigation/litreleases/2009/lr21268.htm DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT DAVID J. AUBEL LR-21268 Thu, 29 Oct 2009 16:50:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21267.htm SEC Files Settled Insider Trading Charges against CyberKey Solutions, Inc.'s Former Outside Counsel LR-21267 Thu, 29 Oct 2009 16:50:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21266.htm SEC OBTAINS ORDER HALTING $2.3 MILLION OFFERING FRAUD LR-21266 Thu, 29 Oct 2009 15:20:07 EDT http://www.sec.gov/litigation/litreleases/2009/lr21265.htm JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT BRIAN J. TAGLIERI LR-21265 Thu, 29 Oct 2009 10:17:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr21264.htm SEC charges New Mexico man with misappropriating $45 million dollars LR-21264 Wed, 28 Oct 2009 10:50:20 EDT http://www.sec.gov/litigation/litreleases/2009/lr21263.htm SEC charges Canadian citizen in $10 million insider trading scheme. LR-21263 Tue, 27 Oct 2009 18:31:42 EDT http://www.sec.gov/litigation/litreleases/2009/lr21262a.htm The Securities and Exchange Commission (Commission) announced that on October 26, 2009 the Honorable Judge George W. Lindberg of the United States District Court for the Northern District of Illinois granted its motion and entered summary judgment against defendant Rick J. Boros (Boros), aka Vincent Kwiatkowski, finding that Boros violated the registration and anti-fraud provisions of the federal securities laws. LR-21262a Tue, 27 Oct 2009 17:54:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21261.htm Court Enters Summary Judgment against Thompson Price Holding Inc. and Damir Lukovic, a/k/a Greg Thompson LR-21261 Tue, 27 Oct 2009 17:54:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21259.htm SEC Files Settled Insider Trading Charges Against Former SemGroup, LP Executive LR-21260 Fri, 23 Oct 2009 17:31:17 EDT http://www.sec.gov/litigation/litreleases/2009/lr21259.htm SEC CHARGES BROKER FOR REPEATEDLY DISSEMINATING FAKE PRESS RELEASES AND MAKING FRAUDULENT INTERNET POSTINGS LR-21259 Thu, 22 Oct 2009 13:26:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21258.htm SEC Charges Promoter and Brokers With Antifraud and/or Section 5 Violations in Real Estate Investment Scheme Targeting Seniors at Free Lunch Seminars LR-21258 Thu, 22 Oct 2009 12:50:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr21257.htm The Commission announced today that, on October 9, 2009, Rita White, a former employee of former Boston-based investment advisory firm Veritas Advisors, Inc., was sentenced to two years imprisonment, followed by three years of supervised release, and was ordered to pay a fine of $25,000. White also was ordered to pay restitution in the amount of $1,333,340 and to forfeit certain property in the same amount. On May 22, 2007, White pled guilty to three counts of mail fraud in connection with her embezzlement of Veritas client funds. LR-21257 Wed, 21 Oct 2009 15:56:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21256.htm Federal Judge Permanently Enjoins Dr. Gautam Gupta From Future Insider Trading Violations, Orders Him To Pay Disgorgement of $689,401 In Illegal Profits, And Orders Him To Pay A Civil Penalty Equal To His Illegal Profits LR-21256 Wed, 21 Oct 2009 13:05:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr21255.htm SEC charges billionaire hedge fund manager Raj Rajaratnam with insider trading. LR-21255 Fri, 16 Oct 2009 18:53:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr21254.htm Marvel Partners, marvelpartners.us, marvelpartners.net, and John Does, Nos. 1-5. LR-21254 Fri, 16 Oct 2009 13:11:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21253.htm Court enters permanent injunctions against Lion Gate Capital, Inc. and principal Kenneth Rickel. LR-21253 Fri, 16 Oct 2009 13:11:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21252.htm Court permanently enjoins attorney William J. Reilly in fraudulent sale of securities. LR-21252 Fri, 16 Oct 2009 13:11:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21251.htm SEC charges three South Florida residents with operating a multi-million dollar Ponzi scheme and affinity fraud targeting Haitian-Americans. LR-21251 Fri, 16 Oct 2009 11:51:17 EDT http://www.sec.gov/litigation/litreleases/2009/lr21250.htm SEC charges a former order processing clerk at a New York-based investment adviser with unauthorized trading. LR-21250 Thu, 15 Oct 2009 17:59:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21249.htm SEC charges five individuals with insider trading relating to the acquisition of Jamdat Mobile, Inc.; four individuals to pay $338,000 in settlement. LR-21249 Thu, 15 Oct 2009 16:29:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21248.htm SEC obtains emergency relief against David F. Merrick, Traders International Return Network and others in lawsuit alleging misappropriation of investors' funds and Ponzi scheme. LR-21248 Thu, 15 Oct 2009 13:05:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21247.htm Former officer of United Rentals to pay $6.25 million to settle financial fraud charges. LR-21247 Tue, 13 Oct 2009 16:36:07 EDT http://www.sec.gov/litigation/litreleases/2009/lr21246.htm SEC resolves charges against remaining defendants in related insider trading cases. LR-21246 Fri, 9 Oct 2009 16:43:53 EDT http://www.sec.gov/litigation/litreleases/2009/lr21245.htm Hedge fund manager Greg Bell, previously sued by SEC for fraud, pleads guilty to wire fraud. LR-21245 Fri, 9 Oct 2009 12:50:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21244.htm Three defendants in Wall Street insider trading ring settle SEC charges LR-21244 Thu, 8 Oct 2009 16:52:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21243.htm SEC Charges Five With Dozens of Fraudulent Corporate Hijackings and Unregistered Offerings of Securities and Names Two Relief Defendants LR-21243 Thu, 8 Oct 2009 13:31:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21242.htm Operator of Mx Factors Sentenced to 100 Years for Orchestrating Multi-Million Dollar Ponzi Scheme LR-21242 Thu, 8 Oct 2009 13:31:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21241.htm SEC Obtains Emergency Relief Against Randy W. Cho in Lawsuit Alleging Misappropriation of Investors Funds and Ponzi Scheme. LR-21241 Thu, 8 Oct 2009 11:36:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21240.htm Former document sciences project manager to pay more than $120,000 to settle insider trading charge. LR-21240 Wed, 7 Oct 2009 17:25:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21239.htm Court enters permanent injunctions against Peter Moulinos. LR-21239 Wed, 7 Oct 2009 11:08:32 EDT http://www.sec.gov/litigation/litreleases/2009/lr21238.htm Former executive of Massachusetts public company sentenced to three years for lying and obstructing justice in an SEC action. LR-21238 Tue, 6 Oct 2009 16:10:24 EDT http://www.sec.gov/litigation/litreleases/2009/lr21237.htm On October 5, 2009, the Honorable Judge David M. Lawson issued an Order of Contempt holding John Bravata in civil contempt for violating the Court's asset freeze orders of July 27 and August 4, 2009. Specifically, Judge Lawson found that John Bravata willfully violated those asset freeze orders by taking loans against two life insurance policies in excess of $37,000. Judge Lawson ordered that John Bravata purge his contempt by repaying the borrowed funds by noon on October 8, 2009, or report to the custody of the U.S. Marshals Service. Judge Lawson further ordered that John Bravata not leave the Eastern District of Michigan until his contempt has been purged. LR-21237 Mon, 5 Oct 2009 xx:xx:xx EDT http://www.sec.gov/litigation/litreleases/2009/lr21236.htm Federal judge enters final judgment against third-party vendor Joe E. Penland in fraudulent accounting scheme. LR-21236 Mon, 5 Oct 2009 xx:xx:xx EDT http://www.sec.gov/litigation/litreleases/2009/lr21235.htm SEC obtains judgments against one AIG and four Gen Re former executives for aiding in AIG securities fraud. LR-21235 Thu, 1 Oct 2009 17:49:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21234.htm SEC obtains injunctions against Hedgelender LLC and its principals for their roles in a fraudulent stock-based loan scheme. LR-21234 Thu, 1 Oct 2009 17:49:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21233.htm Second Circuit Court of Appeals affirms jury verdict and remedies imposed against attorney and his father for insider trading. LR-21233 Thu, 1 Oct 2009 11:43:04 EDT http://www.sec.gov/litigation/litreleases/2009/lr21232.htm SEC files fraud charges against Jason M. Genet, former stock promoter of China Energy Savings Technology, Inc. LR-21232 Thu, 1 Oct 2009 17:19:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21231.htm SEC obtains preliminary injunctions against stock distributors Stephen Carnes, Lawrence Powalisz and others LR-21231 Wed, 30 Sep 2009 15:27:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21230.htm SEC shuts down Illinois money manager's $40 million fraudulent scheme LR-21230 Wed, 30 Sep 2009 15:27:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21229.htm SEC files settled books and records and internal controls charges against AGCO Corporation for improper payments to Iraq under the U.N. Oil for Food Program — AGCO agrees to pay over $18.3 million in disgorgement, interest, and penalties. LR-21229 Wed, 30 Sep 2009 15:27:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21228.htm SEC charges the former CEO of Florida software company with fraud. LR-21228 Wed, 30 Sep 2009 11:41:12 EDT http://www.sec.gov/litigation/litreleases/2009/lr21227.htm The Securities and Exchange Commission today filed a civil injunctive action against a virtual reality technology company, its principals, and three former sales agents for conducting a fraudulent offering scheme that garnered investors primarily through telemarketer sales out of a boiler room in the company's Delray Beach, Fla., offices. LR-21227 Tue, 29 Sep 2009 15:03:48 EDT http://www.sec.gov/litigation/litreleases/2009/lr21226.htm SEC Charges Texas Oil and Gas Boiler-Room with Fraud LR-21226 Tue, 29 Sep 2009 08:24:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr21225.htm SEC Obtains Default Judgment, Full Disgorgement, and Civil Penalties Against MRI and Flores For Ponzi Scheme Targeting Hispanic-Americans LR-21225 Mon, 28 Sep 2009 16:48:08 EDT http://www.sec.gov/litigation/litreleases/2009/lr21224.htm SEC obtains emergency relief against stock distributors Stephen Carnes, Lawrence Powalisz and Others LR-21224 Mon, 28 Sep 2009 13:43:08 EDT http://www.sec.gov/litigation/litreleases/2009/lr21223.htm The Securities and Exchange Commission today charged Detroit-area stock broker Frank Bluestein with fraud, alleging that he lured elderly investors into refinancing the mortgages on their homes in order to fund their investments in a $250 million Ponzi scheme. LR-21223 Mon, 28 Sep 2009 12:34:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21222.htm SEC files settled Regulation FD charges against former chief financial officer. LR-21222 Thu, 24 Sep 2009 16:48:22 EDT http://www.sec.gov/litigation/litreleases/2009/lr21221.htm SEC charges Perot company employee in $8.6 million insider trading scheme. LR-21221 Thu, 24 Sep 2009 12:29:48 EDT http://www.sec.gov/litigation/litreleases/2009/lr21219.htm The Securities and Exchange Commission announced that on May 22, 2009, the United States District Court for the Southern District of Florida entered a Final Judgment Setting Disgorgement and Prejudgment Interest and Imposing a Civil Penalty against Defendant John P. Utsick. After evidentiary hearings over three days, the Court issued a 28-page opinion finding that Utsick ran his two entertainment companies as a Ponzi scheme, and improperly spent more than $4 million of investor money raised by his companies on his own expenses. The Final Judgment orders Utsick to pay disgorgement of $4,035.479.31, prejudgment interest of $921,708.84 and a civil penalty of $120,000. LR-21219 Wed, 23 Sep 2009 16:09:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr21220.htm SEC sues air travel company, its president and others involved in pump and dump scheme. LR-21220 Wed, 23 Sep 2009 15:24:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21218.htm The Securities and Exchange Commission (Commission) announced today that on September 22, 2009, it filed a settled Complaint in the United States District Court for the Eastern District of North Carolina against David L. Hersh (Hersh). The Commission alleges that between January 2007 and January 2009, Hersh conducted a fraudulent offering of $2 million in unregistered securities from his home near Raleigh, North Carolina. LR-21218 Tue, 22 Sep 2009 17:20:36 EDT http://www.sec.gov/litigation/litreleases/2009/lr21217.htm Final judgment of permanent injunction and other relief entered against defendant Timothy Rafferty. LR-21217 Mon, 21 Sep 2009 16:57:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21216.htm Court enters order dismissing disgorgement and civil penalty claims against defendants Uncommon Media Group, Inc., Lawrence Gallo and Frederick Hornick, Jr. LR-21216 Mon, 21 Sep 2009 16:57:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21215.htm SEC files settled civil action against Regions Bank in which Regions agrees to pay $1 million civil penalty. LR-21215 Mon, 21 Sep 2009 15:15:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21214.htm On September 11, 2009, the SEC filed a Motion For An Order To Show Cause Why Defendant John Bravata Should Not Be Adjudicated in Civil Contempt For Violating The Court's Asset Freeze Orders. This motion alleged that John Bravata violated the Court's July 27, 2009 asset freeze by taking loans against certain life insurance policies in excess of $37,000. On September 14, 2009, the Honorable Judge David M. Lawson issued an Order to Show Cause, requiring John Bravata to appear before the Court on October 1, 2009 to show cause why he should not be held in civil contempt and punished accordingly. LR-21214 Mon, 21 Sep 2009 12:07:58 EDT http://www.sec.gov/litigation/litreleases/2009/lr21213.htm Court imposes officer and director bar, injunction and civil penalty against former chief executive officer of PurchasePro.com, Inc. LR-21213 Fri, 18 Sep 2009 13:04:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21212.htm SEC sues Tony E. Morrison and Texas Securities Partners for an unregistered oil and gas offering fraud, and bars Morrison from the industry. LR-21212 Wed, 16 Sep 2009 14:44:20 EDT http://www.sec.gov/litigation/litreleases/2009/lr21211.htm Court imposes a $500,000 civil penalty against defendant Michael Lauer. LR-21211 Wed, 16 Sep 2009 11:56:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21210.htm SEC charges former Isilon Systems CFO with fraudulently boosting revenue. LR-21210 Mon, 14 Sep 2009 14:43:44 EDT http://www.sec.gov/litigation/litreleases/2009/lr21209.htm The Securities and Exchange Commission (Commission) announced today that it has filed a settled civil injunctive action in the United States District Court for the Western District of Louisiana against Allen W. Moss. The Commission alleges that Moss engaged in unlawful trading in the securities of Callon Petroleum Company (Callon Petroleum) on the basis of material nonpublic information before Callon Petroleum announced on November 26, 2008 that it suspended development of a significant drilling project. LR-21209 Mon, 14 Sep 2009 14:43:44 EDT http://www.sec.gov/litigation/litreleases/2009/lr21208.htm The United States Securities and Exchange Commission announced that on Sept. 11, 2009, it filed a civil injunctive action against Robert D. Falor alleging that he fraudulently offered and sold approximately $9 million of securities to approximately 55 investors in the form of membership interests in various limited liability companies that he controlled and operated. LR-21208 Mon, 14 Sep 2009 08:29:12 EDT http://www.sec.gov/litigation/litreleases/2009/lr21207.htm SEC files settled accounting fraud case against four former employees of Dana Corporation; Dana Holding Corporation settles to cease-and-desist order for reporting violations. LR-21207 Fri, 11 Sep 2009 16:36:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21206.htm SEC halts $5.2 million offering fraud. LR-21206 Fri, 11 Sep 2009 16:03:56 EDT http://www.sec.gov/litigation/litreleases/2009/lr21205.htm On September 10, 2009, the Commission accepted a settlement offer from Thomas B. Mackey, the former co-president and chief operating officer of Tenet Healthcare Corporation and the sole remaining defendant in an action brought by the Commission on April 2, 2007. Mackey consented to the relief described below without admitting or denying the allegations in the Commission's Complaint. Mackey's consent has been submitted to the Court for its approval. LR-21205 Fri, 11 Sep 2009 13:48:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21204.htm SEC files fraud charges against former stockbroker for conducting scalping scheme. LR-21204 Fri, 11 Sep 2009 13:48:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21193a.htm SEC charges penny stock company, former president, attorney, and profiter in pump-and-dump scheme. LR-21193A Fri, 11 Sep 2009 12:24:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr21203.htm Richard A. Bailey and Florian R. Ternes settle SEC charges. LR-21203 Wed, 9 Sep 2009 16:31:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21185a.htm SEC files amended complaint charging Thomas Genzale with insider trading based on former ISE vice-chairman's tips; all parties agree to settle Commission's charges; parallel criminal case also concludes. LR-21185A Wed, 9 Sep 2009 15:24:30 EDT http://www.sec.gov/litigation/litreleases/2009/lr21202.htm SEC charges former CEO of Florida telecommunications company for accounting fraud. LR-21202 Wed, 9 Sep 2009 14:57:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21201.htm SEC files settled insider trading action against Jeff L. Soisson and Karen Kaye Walker. LR-21201 Wed, 9 Sep 2009 11:51:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21200.htm SEC charges Seattle-area biotech with fraudulently hyping stem cell breakthrough. LR-21200 Tue, 8 Sep 2009 14:06:36 EDT http://www.sec.gov/litigation/litreleases/2009/lr21198.htm SEC freezes funds of multistate investment fraud syndicate; couple and their companies reaped $32.5 million in three-year loan scam. LR-21198 Tue, 8 Sep 2009 12:11:55 EDT http://www.sec.gov/litigation/litreleases/2009/lr21199.htm SEC Charges New York-Based Money Manager in $40 Million Ponzi Scheme LR-21199 Tue, 8 Sep 2009 10:53:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21197.htm Six named for unregistered distribution of 21 billion shares. LR-21197 Thu, 3 Sep 2009 13:35:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr21196.htm SEC charges eight individuals with participating in $41 million offering fraud based in Utah and Colorado. LR-21196 Thu, 3 Sep 2009 12:49:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21195.htm The Hain Celestial Group Inc. settles charges of stock options backdating. LR-21195 Thu, 3 Sep 2009 12:13:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr21194.htm SEC charges Verifone for artificially inflating its income. LR-21194 Tue, 1 Sep 2009 15:57:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr21192.htm SEC files insider trading charges related to acquisition of Covansys Corporation. LR-21192 Mon, 31 Aug 2009 17:12:43 EDT http://www.sec.gov/litigation/litreleases/2009/lr21191.htm SEC charges Northern California man for investment scheme targeting religious community. LR-21191 Mon, 31 Aug 2009 13:14:27 EDT http://www.sec.gov/litigation/litreleases/2009/lr21190.htm SEC sues former sales executive for foreign bribery. LR-21190 Fri, 28 Aug 2009 15:53:07 EDT http://www.sec.gov/litigation/litreleases/2009/lr21189a.htm SEC charges Las Vegas-based CPA and his accounting firm with fraud. LR-21189A Fri, 28 Aug 2009 12:46:47 EDT http://www.sec.gov/litigation/litreleases/2009/lr21188.htm SEC obtains emergency relief to halt offering fraud targeting mobile home park communities. LR-21188 Thu, 27 Aug 2009 12:56:34 EDT http://www.sec.gov/litigation/litreleases/2009/lr21187.htm SEC sues former Universal Food & Beverage, Co. CEO for fraud. LR-21187 Thu, 27 Aug 2009 12:48:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr21186.htm SEC brings fraud charges and obtains emergency relief to stop prime bank scheme. LR-21186 Thu, 27 Aug 2009 12:48:52 EDT http://www.sec.gov/litigation/litreleases/2009/lr21184.htm SEC charges Texas investment adviser for operating a Ponzi scheme. LR-21184 Wed, 26 Aug 2009 15:36:33 EDT http://www.sec.gov/litigation/litreleases/2009/lr21183.htm SEC files settled insider trading charges relating to acquisition of First Indiana Corporation. LR-21183 Mon, 24 Aug 2009 14:38:39 EDT http://www.sec.gov/litigation/litreleases/2009/lr21182.htm SEC charges Florida operator of multi-million dollar fraudulent pyramid scheme LR-21182 Fri, 21 Aug 2009 12:12:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21181.htm On August 17, 2009, the Securities and Exchange Commission commenced proceedings to collect disgorgement, prejudgment interest and a penalty previously ordered in a settled public Commission administrative and cease-and-desist proceeding against Daniel M. Kantrowitz. LR-21181 Thu, 20 Aug 2009 13:32:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21180.htm On August 17, 2009, the Securities and Exchange Commission commenced proceedings to collect disgorgement, prejudgment interest and a penalty previously ordered in a settled public Commission administrative and cease-and-desist proceeding against Daniel M. Kantrowitz. LR-21180 Wed, 19 Aug 2009 14:50:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr21179.htm SEC brings emergency action to halt ongoing fraud against broker-dealers. LR-21179 Tue, 18 Aug 2009 12:05:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21178.htm SEC charges Ohio-based investment advisers Robert Pinkas and his firm for fraudulently overstating assets LR-21178 Thu, 13 Aug 2009 16:13:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21177.htm SEC charges Terex Corporation with accounting fraud LR-21177 Wed, 12 Aug 2009 12:43:03 EDT http://www.sec.gov/litigation/litreleases/2009/lr21176.htm SEC charges florida attorney with stock manipulation; attorney also pleaded guilty to misprision of a felony LR-21176 Wed, 12 Aug 2009 12:23:41 EDT http://www.sec.gov/litigation/litreleases/2009/lr21175.htm Edwin B. Lyon, IV and the affiliated Gryphon funds ordered to pay $778,016 to settle PIPE-related securities fraud charges. LR-21175 Wed, 12 Aug 2009 10:10:29 EDT http://www.sec.gov/litigation/litreleases/2009/lr21174.htm SEC charges key Madoff lieutenant for operating and concealing fraud through bogus trades and documents. LR-21174 Tue, 11 Aug 2009 16:56:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr21173.htm SEC halts Texas financial advisor's fraudulent scheme. LR-21173 Fri, 7 Aug 2009 11:34:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr21172.htm Commission settles with former head of sales for the New York affiliate of unregistered foreign broker dealer ooo centreinvest securities. LR-21172 Thu, 6 Aug 2009 17:50:15 EDT http://www.sec.gov/litigation/litreleases/2009/lr21170.htm SEC charges Hank Greenberg and Howard Smith for roles in alleged AIG accounting violations. LR-21170 Thu, 6 Aug 2009 12:49:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr21169.htm Final judgments entered against attorneys and Website operator charged with issuing fraudulent legal opinions in pump-and-dump scheme. LR-21169 Wed, 5 Aug 2009 17:18:19 EDT http://www.sec.gov/litigation/litreleases/2009/lr21168.htm SEC settles fraud action against former Royal Ahold executive vice president. LR-21168 Wed, 5 Aug 2009 11:30:11 EDT http://www.sec.gov/litigation/litreleases/2009/lr21167.htm SEC charges three for their roles in a fraudulent, unregistered securities offering. LR-21167 Tue, 4 Aug 2009 14:19:06 EDT http://www.sec.gov/litigation/litreleases/2009/lr21166.htm SEC Charges General Electric With Accounting Fraud LR-21166 Tue, 4 Aug 2009 10:32:53 EDT http://www.sec.gov/litigation/litreleases/2009/lr21165.htm SEC halts $77 million offering fraud. LR-21165 Mon, 3 Aug 2009 16:14:25 EDT http://www.sec.gov/litigation/litreleases/2009/lr21164.htm SEC charges Bank of America for failing to disclose Merrill Lynch bonus payments. LR-21164 Mon, 3 Aug 2009 13:20:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21163.htm SEC charges Take-Two's former general counsel and former controller/chief accounting officer with stock option backdating. LR-21163 Mon, 3 Aug 2009 12:25:43 EDT http://www.sec.gov/litigation/litreleases/2009/lr21162.htm SEC charges Nature's Sunshine Products, Inc. with making illegal foreign payments. LR-21162 Fri, 31 Jul 2009 16:39:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21161.htm SEC charges Idaho investment adviser in multi-million dollar Ponzi scheme. LR-21161 Fri, 31 Jul 2009 11:37:17 EDT http://www.sec.gov/litigation/litreleases/2009/lr21149a.htm SEC seeks return of $4 million in bonuses and stock sale profits from former CEO of CSK Auto Corp. LR-21149A Thu, 30 Jul 2009 14:59:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21068a.htm SEC Files Securities Fraud Charges Against Former Countrywide Executives LR-21068A Thu, 30 Jul 2009 14:59:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr20933a.htm SEC charges former CSK Auto Corporation management with accounting fraud. LR-20933A Thu, 30 Jul 2009 14:59:05 EST http://www.sec.gov/litigation/litreleases/2009/lr21160.htm SEC halts ongoing fraud conducted by investment adviser in central Pennsylvania. LR-21160 Thu, 30 Jul 2009 16:33:37 EDT http://www.sec.gov/litigation/litreleases/2009/lr21159.htm SEC charges three former integral systems officers with securities fraud. LR-21159 Thu, 30 Jul 2009 15:11:23 EDT http://www.sec.gov/litigation/litreleases/2009/lr21158.htm SEC charges promoters and funds with operating a multi-million dollar Ponzi scheme in the United States and Mexico. LR-21158 Wed, 29 Jul 2009 10:11:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21157.htm SEC charges four Arizona-based promoters in $197 million mortgage lending scheme. LR-21157 Tue, 28 Jul 2009 17:42:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr20949a.htm SEC Charges Quest Software and Three Executives With Stock Option Backdating LR-20949A Tue, 28 Jul 2009 17:42:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21156.htm SEC files settled charges against Avery Dennison Corporation for violating the books and records and internal controls provisions of the foreign corrupt practices act LR-21156 Tue, 28 Jul 2009 15:44:11 EDT http://www.sec.gov/litigation/litreleases/2009/lr21155.htm On July 27, 2009, the Honorable David M. Lawson of the United States District Court for the Eastern District of Michigan issued a temporary restraining order and asset freeze against John J. Bravata (John Bravata) of Brighton, Michigan, Richard J. Trabulsy (Trabulsy) of Northville, Michigan, BBC Equities, LLC (BBC Equities) and Bravata Financial Group, Inc. (Bravata Financial), companies formed, owned and controlled by John Bravata and Trabulsy. The Court also issued an asset freeze against Antonio M. Bravata (Antonio Bravata), John Bravata's son, and John Bravata's wife, Shari A. Bravata (Shari Bravata), a Relief Defendant. LR-21155 Tue, 28 Jul 2009 11:01:54 EDT http://www.sec.gov/litigation/litreleases/2009/lr21154.htm SEC obtains emergency asset freeze in connection with insider trading in the securities of Nova Chemicals Corporation. LR-21154 Mon, 27 Jul 2009 16:47:10 EDT http://www.sec.gov/litigation/litreleases/2009/lr21153.htm SEC charges California sales agent in connection with $45 million Ponzi-like scheme. LR-21153 Mon, 27 Jul 2009 15:19:24 EDT http://www.sec.gov/litigation/litreleases/2009/lr21152.htm SEC obtains temporary restraining order and freeze of over five millions dollars against foreign trader and entities for scheme involving trading around hoax bids for U.S. companies. LR-21152 Thu, 23 Jul 2009 17:26:16 EDT http://www.sec.gov/litigation/litreleases/2009/lr21151.htm Federal court grants summary judgment for SEC and orders permanent injunction against Philip E. Lowery in fraudulent offering action. LR-21151 Thu, 23 Jul 2009 15:36:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr21150.htm SEC charges West Marine with falsifying its financials. LR-21150 Thu, 23 Jul 2009 15:36:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr21148.htm SEC announces final dispositions in case involving alleged improper accounting practices at Qwest Communications Int'l. LR-21148 Thu, 23 Jul 2009 13:18:22 EDT http://www.sec.gov/litigation/litreleases/2009/lr21147.htm Defendant in SEC enforcement action sentenced to 12 months and one day in prison on related criminal charges for insider trading. LR-21147 Thu, 23 Jul 2009 13:18:22 EDT http://www.sec.gov/litigation/litreleases/2009/lr21146.htm Jury finds Vision Securities, Daniel James Gallagher, and Christopher Castaldo liable for violating or aiding and abetting violations of broker licensing and registration requirements. LR-21146 Wed, 22 Jul 2009 13:19:26 EDT http://www.sec.gov/litigation/litreleases/2009/lr21145.htm SEC announces settlements in market manipulation case involving SeaLife corporation. LR-21145 Wed, 22 Jul 2009 11:47:01 EDT http://www.sec.gov/litigation/litreleases/2009/lr21144.htm SEC charges chief compliance officer in $554 million investment fraud. LR-21144 Tue, 21 Jul 2009 14:57:20 EDT http://www.sec.gov/litigation/litreleases/2009/lr21143.htm SEC charges Morgan Keegan and Company, Inc. with fraudulent marketing and sales of auction rate securities. LR-21143 Tue, 21 Jul 2009 13:46:50 EDT http://www.sec.gov/litigation/litreleases/2009/lr21142.htm SEC charges two real estate companies and founder for securities fraud in connection with sale of investments in discounted, pre-construction condominium units. LR-21142 Tue, 21 Jul 2009 10:45:18 EDT http://www.sec.gov/litigation/litreleases/2009/lr21141.htm SEC charges Medical Capital with $77 million offering fraud. LR-21141 Mon, 20 Jul 2009 17:06:51 EDT http://www.sec.gov/litigation/litreleases/2009/lr21140.htm SEC charges Qualcomm's former director of strategic marketing analysis with insider trading. LR-21140 Mon, 20 Jul 2009 15:16:19 EDT http://www.sec.gov/litigation/litreleases/2009/lr21139.htm Commission voluntarily dismisses all claims against Matthew Charles Stokes. LR-21139 Fri, 17 Jul 2009 11:34:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21138.htm Connecticut Company, Excellency Investment Realty Trust, Inc, and CEO, David D. Mladen, Settle SEC Fraud Charges LR-21138 Fri, 17 Jul 2009 09:27:21 EDT http://www.sec.gov/litigation/litreleases/2009/lr21137.htm SEC charges two former finance executives of Newpark Resources, Inc. and principal of key Newpark vendor in fraudulent accounting scheme. LR-21137 Thu, 16 Jul 2009 11:22:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21136.htm Commission obtains permanent injunction against former First Banks officer Mark T. Turkcan. LR-21136 Thu, 16 Jul 2009 11:22:28 EDT http://www.sec.gov/litigation/litreleases/2009/lr21135.htm Court enters order of permanent injunction against defendants in hedge fund fraud case. LR-21135 Wed, 15 Jul 2009 17:46:56 EDT http://www.sec.gov/litigation/litreleases/2009/lr21133.htm SEC charges five individuals with insider trading in connection with Safeco Corp.'s merger announcement. LR-21133 Wed, 15 Jul 2009 14:06:38 EDT http://www.sec.gov/litigation/litreleases/2009/lr21132.htm SEC's Miami Regional Office charges six defendants with insider trading in Neff Corporation. LR-21132 Wed, 15 Jul 2009 14:06:38 EDT http://www.sec.gov/litigation/litreleases/2009/lr21131.htm Marshall Holdings International, Inc. and Mark T. Ellis settle SEC charges. LR-21131 Wed, 15 Jul 2009 14:06:38 EDT http://www.sec.gov/litigation/litreleases/2009/lr21130.htm SEC obtains default judgment, disgorgement and imposition of third tier penalties against Butko for online intrusion scheme. LR-21130 Wed, 15 Jul 2009 12:50:49 EDT http://www.sec.gov/litigation/litreleases/2009/lr21129.htm Former Tyco executives L. Dennis Kozlowski and Mark H. Swartz settle SEC fraud action. LR-21129 Tue, 14 Jul 2009 13:03:46 EDT http://www.sec.gov/litigation/litreleases/2009/lr21128.htm Former Tyco vice president settles SEC action for role in accounting fraud. LR-21128 Tue, 14 Jul 2009 13:03:46 EDT http://www.sec.gov/litigation/litreleases/2009/lr21127.htm SEC Freezes Assets of Florida Con-Man Stealing Investor Funds for Luxury Purchases LR-21127 Tue, 14 Jul 2009 09:30:00 EDT http://www.sec.gov/litigation/litreleases/2009/lr21126.htm SEC Charges Seattle Attorney and Accomplices With Orchestrating Stock Dumping Scheme LR-21126 Mon, 13 Jul 2009 15:38:13 EDT http://www.sec.gov/litigation/litreleases/2009/lr21125.htm State of Indiana files charges against former officers of Alanar, Inc. alleging massive faith-based affinity fraud scheme. LR-21125 Fri, 10 Jul 2009 17:10:45 EDT http://www.sec.gov/litigation/litreleases/2009/lr21123.htm Federal court enjoins Cary G. Brody, Colonial Investment Management LLC and Colonial Fund for illegal trading; orders payment of over $1.4 million in disgorgement; orders Brody to pay a civil penalty. LR-21123 Fri, 10 Jul 2009 15:40:57 EDT http://www.sec.gov/litigation/litreleases/2009/lr21124.htm SEC freezes assets of Illinois-based hedge fund manager who was $2 billion feeder to Ponzi scheme. LR-21124 Fri, 10 Jul 2009 12:25:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21122.htm SEC sues Russian-based Pointer Worldwide and Tatiana Badmaeva in online intrusion scheme involving NYSE and NASDAQ traded stocks. LR-21122 Thu, 9 Jul 2009 13:01:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21121.htm Federal court grants summary judgment and orders principals of offering fraud to pay disgorgement and civil penalties of over $30 million. LR-21121 Thu, 9 Jul 2009 13:01:05 EDT http://www.sec.gov/litigation/litreleases/2009/lr21120.htm SEC charges broker-dealer, founder, executive and registered representatives in multi-million dollar transatlantic stock manipulation scheme. LR-21120 Wed, 8 Jul 2009 11:16:14 EDT http://www.sec.gov/litigation/litreleases/2009/lr21119.htm The Securities and Exchange Commission ("Commission") announced that on July 6, 2009, it filed a Complaint in the United States District Court for the District of South Carolina against Jerry F. Wells, Jr. ("Wells"). The Complaint alleges that Wells, a resident of Columbia, South Carolina, served as the Executive Vice President and Chief Financial Officer of UCI Medical Affiliates, Inc. ("UCI" or the "Company"). UCI is a public issuer and a provider of nonmedical management and administrative services based in South Carolina. LR-21119 Wed, 8 Jul 2009 10:30:56 EDT http://www.sec.gov/litigation/litreleases/2009/lr21118.htm SEC obtains asset freeze in $485 million nationwide offering fraud. LR-21118 Tue, 7 Jul 2009 13:37:09 EDT http://www.sec.gov/litigation/litreleases/2009/lr21117.htm SEC announces distribution of $123 million to Doral financial investors harmed by accounting fraud. LR-21117 Mon, 06 Jul 2009 17:06:05 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/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/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/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