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                    SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.

Litigation Release No. 14840     / March 12, 1996

Securities and Exchange Commission v. American Interactive Group,
LLC et al. (Civ. No. 95-1569 (GEB)) (USDC/DNJ)

     On March 5, 1996, Judge Garret Brown of the United States
District Court for the District of New Jersey entered a final
judgment against defendants American Interactive Group, LLC,
American Interactive Services, LLC, American Interactive, LLC,
David C. Connolly, Daniel Rivera, Sr., and Marc A. Remoli
(collectively "defendants"), and relief defendant American
Seminars, Inc. ("relief defendant") in the above-captioned
matter.  Defendants were permanently enjoined and restrained from
violating Sections 5(a), 5(c) and 17(a) of the Securities Act of
1933 and Sections 10(b) and 15(a) of the Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder.  The final judgment further
orders that defendants and relief defendant disgorge all moneys
derived from the actions alleged in the Complaint.  Based upon
defendants' and relief defendant's sworn representations to the
Commission as to their financial condition, payment of all but
the following disgorgement amounts were waived:  American
Interactive Group, LLC was ordered to disgorge $235,688; American
Seminars, Inc. was ordered to disgorge $11,922; and David C.
Connolly was ordered to disgorge $2,692.  It was further ordered
that, until the investors solicited by defendants are paid back
in full the amount they invested plus prejudgment interest,
defendants and relief defendant shall relinquish any money,
interest, or assets that they may derive from or obtain from the
three Interactive Video and Data Services ("IVDS") licenses that
were the basis of the investments at issue.  Those licenses are
currently owned by Daniel Rivera and issued by the Federal
Communications Commission for the areas of Worcester,
Massachusetts; Springfield, Massachusetts; and Mobile, Alabama.

     The Commission's complaint, which was filed April 7, 1995,
alleged that defendants raised over $900,000 from about 100
investors from the period October 1994 to April 1995.  Investors
were solicited nationwide, the complaint alleged, by a sales
force working from two boiler rooms controlled by Connolly,
Rivera, and Remoli, to purchase securities in the form of
"membership units" in American Interactive Group, LLC.  The
ostensible plan behind the offerings was to raise money to
purchase IVDS licenses to be auctioned at future FCC auctions,
and to purchase a 10% interest in American Interactive, LLC,
which defendants claimed owned the three IVDS licenses owned by
Rivera.

     The complaint further alleged that defendants knowingly made
materially false and misleading representations and omissions to





investors, including:  unreasonable projections of extraordinary
profits; failing to disclose that close to 60% of offering
proceeds would be used to pay the defendants and to pay the
expenses of the sales efforts; failing to tell investors that
Connolly had prior civil and criminal law violations; and failing
to tell investors that the interests they were offering in the
three IVDS licenses had effectively been marked up by more than
3700%.













































                   
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