http://www.sec.gov/litigation/litreleases.shtml The latest litigation releases from the Securities and Exchange Commission en-us Tue, 11 Dec 2012 00:00:01 EST Tue, 11 Dec 2012 18:57:24 EST http://www.sec.gov/litigation/litreleases/2012/lr22567.htm SEC CHARGES NEW YORK-BASED FUND MANAGER WITH TWO WIDESPREAD FRAUDULENT TRADING SCHEMES SPANNING NEARLY FOUR YEARS LR-22567 Tue, 11 Dec 2012 18:57:24 EST http://www.sec.gov/litigation/litreleases/2012/lr22566.htm SEC CHARGES OIL AND GAS COMPANY AND PRINCIPAL WITH OFFERING FRAUD LR-22566 Tue, 11 Dec 2012 15:20:59 EST http://www.sec.gov/litigation/litreleases/2012/lr22565.htm COURT ENTERS FINAL JUDGMENTS ORDERING DWIGHT FLATT AND DAVID DELLA SCIUCCA, JR. TO PAY DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL PENALTIES LR-22565 Tue, 11 Dec 2012 08:37:07 EST http://www.sec.gov/litigation/litreleases/2012/lr22564.htm COURT ENTERS FINAL JUDGMENTS BY CONSENT AGAINST SEC DEFENDANTS ERIC TODD SEIDEN AND KAMAL ABDALLAH LR-22564 Fri, 7 Dec 2012 17:50:50 EST http://www.sec.gov/litigation/litreleases/2012/lr22563.htm The Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of Florida against InnoVida Holdings LLC, its former CEO Claudio Osorio and its former CFO Craig Toll, CPA, charging them with defrauding investors in an offering fraud scheme. LR-22563 Fri, 7 Dec 2012 15:37:07 EST http://www.sec.gov/litigation/litreleases/2012/lr22562.htm SEC Charges Florida-Based Lawyer with Forging Attorney Opinion Letters for Microcap Stocks LR-22562 Fri, 7 Dec 2012 13:54:30 EST http://www.sec.gov/litigation/litreleases/2012/lr22561.htm SEC SECURES TRIAL VICTORY AND OBTAINS OVER $2.1 MILLION IN DISGORGEMENT AND PENALTIES IN MARKET MANIPULATION CASE LR-22561 Thu, 6 Dec 2012 17:28:18 EST http://www.sec.gov/litigation/litreleases/2012/lr22560.htm SEC CHARGES 10 IN INSIDER TRADING RING AROUND INVESTMENT BANKER’S ILLEGAL TIPS ON IMPENDING MERGERS LR-22560 Thu, 6 Dec 2012 14:10:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22559.htm COURT ENTERS FINAL JUDGMENT BY DEFAULT AGAINST SEC DEFENDANT JOHN ZANIC LR-22559 Thu, 6 Dec 2012 14:10:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22558.htm Defendant in SEC Action Pleads Guilty to Criminal Charges and is Barred from the Securities Industry LR-22558 Tue, 4 Dec 2012 13:09:38 EST http://www.sec.gov/litigation/litreleases/2012/lr22557.htm FORMER FAIR FINANCE COMPANY CEO SENTENCED TO 50 YEARS IN PRISON FOR CONDUCTING $200 MILLION FRAUD SCHEME LR-22557 Mon, 3 Dec 2012 17:32:30 EST http://www.sec.gov/litigation/litreleases/2012/lr22556.htm COURT ENTERS FINAL JUDGMENT AGAINST SEC DEFENDANTS CHRISTOPHER W. BASS AND HIS COMPANIES LR-22556 Mon, 3 Dec 2012 13:56:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22555.htm The Securities and Exchange Commission announced today that the Honorable James D. Whittemore, United States District Judge for the Middle District of Florida in Tampa has entered final judgment against defendant Joseph P. Cillo of Dade City, Florida. LR-22555 Fri, 30 Nov 2012 17:49:24 EST http://www.sec.gov/litigation/litreleases/2012/lr22554.htm BRAZILIAN EX-BANKER TO PAY $5.1 MILLION FOR INSIDER TRADING IN BURGER KING STOCK LR-22554 Fri, 30 Nov 2012 17:49:24 EST http://www.sec.gov/litigation/litreleases/2012/lr22553.htm SEC Charges Westport, Connecticut Resident with Insider Trading in the Shares of Patriot Capital Funding, Inc. LR-22553 Fri, 30 Nov 2012 13:32:18 EST http://www.sec.gov/litigation/litreleases/2012/lr22552.htm SEC FILES FRAUD CHARGES AGAINST CHINA NORTH EAST PETROLEUM HOLDINGS LIMITED; ITS CEO, PRESIDENT AND FORMER CHAIRMAN; ITS FOUNDER AND FORMER DIRECTOR; AND ITS VICE PRESIDENT AND SECRETARY LR-22552 Fri, 30 Nov 2012 13:32:18 EST http://www.sec.gov/litigation/litreleases/2012/lr22551.htm SEC OBTAINS FINAL JUDGMENTS IN CASE INVOLVING PONZI SCHEME AND PROMOTION OF CHINA VOICE HOLDING CORP. LR-22551 Fri, 30 Nov 2012 13:32:18 EST http://www.sec.gov/litigation/litreleases/2012/lr22550.htm On November 29, 2012, the Securities and Exchange Commission charged John H. Pamplin, Jr. of Nashville, Tennessee with insider trading in the securities of TurboChef Technologies, Inc. (TurboChef). LR-22550 Thu, 29 Nov 2012 17:57:27 EST http://www.sec.gov/litigation/litreleases/2012/lr22549.htm SEC CHARGES TWO BROKERS WITH INSIDER TRADING AHEAD OF IBM-SPSS MERGER FOR $1 MILLION PROFIT LR-22549 Thu, 29 Nov 2012 17:57:27 EST http://www.sec.gov/litigation/litreleases/2012/lr22548.htm SEC CHARGES CHICAGO-BASED INVESTMENT ADVISER WITH DEFRAUDING INVESTORS IN FAILING PRIVATE EQUITY FUND LR-22548 Thu, 29 Nov 2012 13:41:20 EST http://www.sec.gov/litigation/litreleases/2012/lr22547.htm SEC Charges Oil Company CEO as Source in Insider Trading Case LR-22547 Wed, 28 Nov 2012 17:05:51 EST http://www.sec.gov/litigation/litreleases/2012/lr22546.htm Jury Returns Verdict of Liability Against Massachusetts Investment Adviser and his Advisory Firm LR-22546 Tue, 27 Nov 2012 11:57:24 EST http://www.sec.gov/litigation/litreleases/2012/lr22545.htm Court Orders Asset Freeze and Appointment of a Receiver in SEC Action Charging Hedge Fund Adviser and Its Principal with Securities Fraud LR-22545 Mon, 26 Nov 2012 17:14:42 EST http://www.sec.gov/litigation/litreleases/2012/lr22544.htm COURT ENTERS FINAL JUDGMENTS BY CONSENT AGAINST SEC DEFENDANTS PANTERA PETROLEUM, INC. AND BOZIDAR "BOB" VUKOVICH LR-22544 Mon, 26 Nov 2012 13:45:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22543.htm SEC Settles with Former Integral Systems Chief Financial Officer Charged with Securities Fraud LR-22543 Mon, 26 Nov 2012 13:45:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22542.htm Attorney Virginia K. Sourlis Found Liable for Aiding and Abetting Securities Fraud by Issuing False Legal Opinion in Connection with Illegal Stock Offering LR-22542 Mon, 26 Nov 2012 11:28:21 EST http://www.sec.gov/litigation/litreleases/2012/lr22541.htm Brian Stoker Found Not Liable LR-22541 Wed, 21 Nov 2012 15:25:13 EST http://www.sec.gov/litigation/litreleases/2012/lr22540.htm District Court Dismisses Action Against Edward S. Steffelin LR-22540 Wed, 21 Nov 2012 15:25:13 EST http://www.sec.gov/litigation/litreleases/2012/lr22539.htm The Securities and Exchange Commission today charged Stamford, Conn.-based hedge fund advisory firm CR Intrinsic Investors LLC and its former portfolio manager along with a medical consultant for an expert network firm for their roles in a $276 million insider trading scheme involving a clinical trial for an Alzheimer's drug being jointly developed by two pharmaceutical companies. LR-22539 Wed, 21 Nov 2012 07:50:12 EST http://www.sec.gov/litigation/litreleases/2012/lr22538.htm COURT FINES CEO CHRISTOPHER METCALF $50,000 AND IMPOSES A PENNY STOCK BAR AND OFFICER AND DIRECTOR BAR AGAINST HIM LR-22538 Tue, 20 Nov 2012 14:31:53 EST http://www.sec.gov/litigation/litreleases/2012/lr22537.htm SEC CHARGES MICHIGAN BUSINESSMAN DEFRAUDED INVESTORS IN REAL ESTATE INVESTMENT SCHEME LR-22537 Tue, 20 Nov 2012 13:40:54 EST http://www.sec.gov/litigation/litreleases/2012/lr22536.htm FORMER EXECUTIVE OF MASSACHUSETTS-BASED COMPANY FOUND GUILTY OF SECURITIES FRAUD LR-22536 Tue, 20 Nov 2012 11:42:22 EST http://www.sec.gov/litigation/litreleases/2012/lr22535.htm SEC CHARGES RING OF HIGH SCHOOL BUDDIES WITH INSIDER TRADING IN HEALTH CARE STOCKS LR-22535 Mon, 19 Nov 2012 17:37:39 EST http://www.sec.gov/litigation/litreleases/2012/lr22534.htm SEC CHARGES NEW YORK-BASED FRAUDSTER WHO SPENT INVESTOR FUNDS ON DRUGS AND GAMBLING LR-22534 Mon, 19 Nov 2012 17:37:39 EST http://www.sec.gov/litigation/litreleases/2012/lr22533.htm SEC CHARGES J.P. MORGAN SECURITIES LLC WITH MISLEADING INVESTORS IN RMBS OFFERINGS LR-22533 Fri, 16 Nov 2012 16:28:58 EST http://www.sec.gov/litigation/litreleases/2012/lr22532.htm COURT ENTERS FINAL JUDGMENT BY CONSENT AGAINST SEC DEFENDANT BRUCE GROSSMAN LR-22532 Fri, 16 Nov 2012 14:53:12 EST http://www.sec.gov/litigation/litreleases/2012/lr22531.htm BP TO PAY $525 MILLION PENALTY TO SETTLE SEC CHARGES OF SECURITIES FRAUD DURING DEEPWATER HORIZON OIL SPILL LR-22531 Thu, 15 Nov 2012 14:00:43 EST http://www.sec.gov/litigation/litreleases/2012/lr22530.htm SEC CHARGES MIAMI-BASED ADVISER WITH HIDING TRADING LOSSES AND DIVERTING CLIENT FUNDS LR-22530 Fri, 9 Nov 2012 17:05:17 EST http://www.sec.gov/litigation/litreleases/2012/lr22529.htm SEC Charges Former Officers and Auditor of Electronic Game Card, Inc. with Fraud LR-22529 Fri, 9 Nov 2012 14:36:14 EST http://www.sec.gov/litigation/litreleases/2012/lr22528.htm SEC Charges South Florida Man with Recruiting Victims of Ponzi Scheme LR-22528 Fri, 9 Nov 2012 11:29:44 EST http://www.sec.gov/litigation/litreleases/2012/lr22527.htm The Securities and Exchange Commission today announced that it has finalized its settlement with Aamer Abdullah, formerly a portfolio manager at New York-based investment advisory firm ICP Asset Management, LLC (ICP). LR-22527 Fri, 9 Nov 2012 10:42:10 EST http://www.sec.gov/litigation/litreleases/2012/lr22526.htm SEC Charges Purported Credit Union and Its Principal with Offering Fraud LR-22526 Thu, 8 Nov 2012 15:40:03 EST http://www.sec.gov/litigation/litreleases/2012/lr22521.htm SEC Charges Medlink International and Two Executives with Fraudulent Filing LR-22521 Wed, 7 Nov 2012 14:16:28 EST http://www.sec.gov/litigation/litreleases/2012/lr22525.htm Commission Files Subpoena Enforcement Action Against Adam Bielski LR-22525 Thu, 1 Nov 2012 15:34:07 EDT http://www.sec.gov/litigation/litreleases/2012/lr22524.htm Former Deloitte Partner Sentenced to 21 Months for Insider Trading LR-22524 Wed, 31 Oct 2012 11:25:46 EDT http://www.sec.gov/litigation/litreleases/2012/lr22523.htm Former Silicon Valley Executive to Pay $1.75 Million to Settle Insider Trading Charges LR-22523 Mon, 29 Oct 2012 09:00:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22522.htm SEC Charges Denver-Based Insurance Executive With Insider Trading LR-22522 Mon, 29 Oct 2012 09:00:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22520.htm On October 24, 2012, the Securities and Exchange Commission charged Michael Johnson, a divisional merchandise manager at Kohl's, which is a national department store. LR-22520 Fri, 26 Oct 2012 11:51:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22519.htm SEC CHARGES FORMER J.CREW EXECUTIVE WITH INSIDER TRADING LR-22519 Thu, 25 Oct 2012 11:58:24 EDT http://www.sec.gov/litigation/litreleases/2012/lr22518.htm SEC Charges Two in Michigan-based Fraudulent Securities Offering LR-22518 Tue, 23 Oct 2012 11:07:59 EDT http://www.sec.gov/litigation/litreleases/2012/lr22517.htm On October 18, 2012, the Securities and Exchange Commission charged Joseph Pacifico, a former President of Carter's, Inc., the Atlanta-based marketer of children's clothing, for engaging in financial fraud at Carter's. LR-22517 Fri, 19 Oct 2012 16:23:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22516.htm On October 17, 2012, the United States Securities and Exchange Commission filed an amended complaint naming Alena Dubinsky as a relief defendant in its pending civil injunctive action before the United States District Court for the Southern District of New York. The action stems from the hijacking of defunct or inactive publicly-traded companies and the unregistered offer and sale of securities. The amended complaint alleges that Dubinsky, a resident of Ontario, Canada, opened bank and brokerage accounts in Toronto at the behest of certain defendants through which were effected unregistered sales of securities and the deposit of at least $1 million in illicit proceeds. The Commission is seeking disgorgement. LR-22516 Fri, 19 Oct 2012 12:57:33 EDT http://www.sec.gov/litigation/litreleases/2012/lr22515.htm Hong Kong Firm to Pay $14 Million to Settle Insider Trading Charges LR-22515 Fri, 19 Oct 2012 12:57:33 EDT http://www.sec.gov/litigation/litreleases/2012/lr22514.htm SEC CHARGES THREE INDIVIDUALS FOR THEIR ROLES IN A $5.77 MILLION INVESTMENT SCHEME LR-22514 Thu, 18 Oct 2012 17:46:32 EDT http://www.sec.gov/litigation/litreleases/2012/lr22513.htm District Court Orders More Than $3 Million In Remedies, Grants Motions For Disgorgement, Civil Penalties and Officer-And-Director Bars Against Timothy Huff, Lawrence Lynch, Joseph J. Monterosso, Luis Vargas LR-22513 Thu, 18 Oct 2012 16:28:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22512.htm Defendant in SEC Action Charged by United States Attorney’s Office for the District of Massachusetts LR-22512 Thu, 18 Oct 2012 16:28:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22511.htm SEC Charges Arizona Man With Acting As An Unregistered Broker and Unlawful Touting LR-22511 Wed, 17 Oct 2012 14:49:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22510.htm SEC Charges Hedge Fund Adviser and Two Executives with Fraud LR-22510 Wed, 17 Oct 2012 14:49:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22509a.htm SEC Charges Unlicensed Financial Advisor James S. Quay for Defrauding Investors in Atlanta Area LR-22509A Mon, 15 Oct 2012 11:15:20 EDT http://www.sec.gov/litigation/litreleases/2012/lr22508.htm All Know Holdings Ltd., et al. LR-22508 Fri, 12 Oct 2012 10:20:39 EDT http://www.sec.gov/litigation/litreleases/2012/lr22507.htm Defendant James L. Douglas A/K/A James L. Cooper Held in Civil Contempt after Failing to Comply With Judgment LR-22507 Fri, 12 Oct 2012 09:49:11 EDT http://www.sec.gov/litigation/litreleases/2012/lr22506.htm SEC Charges Unlicensed Financial Advisor James S. Quay for Defrauding Investors in Atlanta Area LR-22506 Thu, 4 Oct 2012 12:29:02 EDT http://www.sec.gov/litigation/litreleases/2012/lr22505.htm SEC CHARGES SAN FRANCISCO INVESTMENT ADVISER AND ITS OWNER FOR FRAUD LR-22505 Thu, 4 Oct 2012 12:13:46 EDT http://www.sec.gov/litigation/litreleases/2012/lr22504.htm SEC CHARGES CHICAGO-BASED INVESTMENT ADVISER AND ITS OWNERS FOR FRAUD LR-22504 Wed, 3 Oct 2012 16:05:12 EDT http://www.sec.gov/litigation/litreleases/2012/lr22503.htm The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a South Florida man who has been charged with fraudulently offering investments in oil drilling projects. LR-22503 Wed, 3 Oct 2012 15:52:06 EDT http://www.sec.gov/litigation/litreleases/2012/lr22502.htm FORMER INDYMAC CEO AGREES TO SETTLE IN SEC LITIGATION LR-22502 Mon, 1 Oct 2012 13:51:10 EDT http://www.sec.gov/litigation/litreleases/2012/lr22501.htm SEC Charges Three for Their Roles in Manipulating the Market for Sunrise Solar Corporation Stock LR-22501 Mon, 1 Oct 2012 11:35:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22500.htm SEC CHARGES FORMER CFO WITH EVADING INTERNAL CONTROLS TO PAY FOR UNAUTHORIZED TRAVEL AND ENTERTAINMENT EXPENSES LR-22500 Fri, 28 Sep 2012 18:06:07 EDT http://www.sec.gov/litigation/litreleases/2012/lr22499.htm SEC Obtains Judgments and $12.9 Million in Monetary Relief Against Three Defendants Involved in 23 Corporate Hijackings LR-22499 Fri, 28 Sep 2012 10:11:19 EDT http://www.sec.gov/litigation/litreleases/2012/lr22498.htm COURT ENTERS FINAL JUDGMENTS BY CONSENT AGAINST SEC DEFENDANTS SHAY KEREN AND LAWRENCE STEVEN COHEN LR-22498 Thu, 27 Sep 2012 17:33:44 EDT http://www.sec.gov/litigation/litreleases/2012/lr22497.htm SEC CHARGES INVESTMENT BANK ANALYST WITH ILLEGALLY TIPPING COLLEGE FRIEND ABOUT NONPUBLIC MERGER DEALS LR-22497 Thu, 27 Sep 2012 17:00:46 EDT http://www.sec.gov/litigation/litreleases/2012/lr22496.htm SEC Brings Charges in $42 Million Offering Fraud Targeting Seniors LR-22496 Thu, 27 Sep 2012 16:34:24 EDT http://www.sec.gov/litigation/litreleases/2012/lr22495.htm SEC Charges Company and its Two Principals and Attorney in Stock Manipulation Scheme LR-22495 Thu, 27 Sep 2012 11:49:13 EDT http://www.sec.gov/litigation/litreleases/2012/lr22494.htm Former Teach Me to Trade Salesman Agrees to Settle Securities Fraud Charges and Pay a $200,000 Penalty LR-22494 Wed, 26 Sep 2012 15:15:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22493.htm SEC Charges Bank Executives in Nebraska with Understating Losses During Financial Crisis LR-22493 Tue, 25 Sep 2012 17:40:20 EDT http://www.sec.gov/litigation/litreleases/2012/lr22490.htm SEC Charges Registered Representative With Fraud For Issuing False Account Statements and Misappropriating Investor Funds LR-22490 Tue, 25 Sep 2012 10:20:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22492.htm SEC CHARGES FOUR DEFENDANTS IN FRAUDULENT INVESTMENT SCHEME LR-22492 Mon, 24 Sep 2012 17:53:51 EDT http://www.sec.gov/litigation/litreleases/2012/lr22491.htm SEC CHARGES TYCO WITH MAKING ILLICIT PAYMENTS TO FOREIGN OFFICIALS LR-22491 Mon, 24 Sep 2012 17:53:51 EDT http://www.sec.gov/litigation/litreleases/2012/lr22489.htm SEC CHARGES REVOLUTIONS MEDICAL CORP. AND ITS CEO FOR FRAUDULENTLY ISSUING FALSE AND MISLEADING PRESS RELEASES LR-22489 Fri, 21 Sep 2012 17:39:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22488.htm SEC CHARGES EDWARD TACKABERRY FOR ACTING AS AN UNREGISTERED BROKER-DEALER IN VIOLATION OF LAW AND PRIOR SEC ORDER LR-22488 Fri, 21 Sep 2012 17:39:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22487.htm SEC CHARGES OREGON-BASED HEDGE FUND MANAGER WITH RUNNING $37 MILLION PONZI SCHEME LR-22487 Fri, 21 Sep 2012 17:39:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22486.htm SEC FREEZES ASSETS OF INSIDER TRADER IN BURGER KING STOCK LR-22486 Fri, 21 Sep 2012 17:39:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22485.htm SEC CHARGES ATLANTA-BASED ADVISER WITH OPERATING PONZI-LIKE SCHEME INVOLVING PRIVATE INVESTMENT FUNDS LR-22485 Wed, 19 Sep 2012 17:22:49 EDT http://www.sec.gov/litigation/litreleases/2012/lr22484.htm SEC CHARGES FORMER CEO AND CHAIRMAN OF MAMTEK U.S. WITH FRAUD IN THE OFFER AND SALE OF MUNICIPAL BONDS LR-22484 Tue, 18 Sep 2012 16:10:33 EDT http://www.sec.gov/litigation/litreleases/2012/lr22483.htm SEC Obtains Final Judgments Ordering More Than $135 Million in Monetary Relief in “Green” Investment Ponzi Scheme LR-22483 Tue, 18 Sep 2012 13:17:05 EDT http://www.sec.gov/litigation/litreleases/2012/lr22482.htm SEC OBTAINS ASSET FREEZE AND OTHER RELIEF IN MICROCAP FRAUD LR-22482 Mon, 17 Sep 2012 17:59:58 EDT http://www.sec.gov/litigation/litreleases/2012/lr22481.htm SEC CHARGES FORMER SYSTEMAX DIRECTOR IN COMPENSATION SCHEME LR-22481 Mon, 17 Sep 2012 13:37:42 EDT http://www.sec.gov/litigation/litreleases/2012/lr22480.htm TWO FORMER OFFICERS OF STERLING FINANCIAL CORP. SUBSIDIARY SENTENCED TO LENGTHY PRISON TERMS AND ORDERED TO PAY $53 MILLION IN RESTITUTION FOR CONDUCTING FINANCIAL FRAUD LR-22480 Thu, 13 Sep 2012 12:15:10 EDT http://www.sec.gov/litigation/litreleases/2012/lr22479.htm SEC Charges Connecticut-Based Broker for Stealing Investor Funds LR-22479 Thu, 13 Sep 2012 12:04:59 EDT http://www.sec.gov/litigation/litreleases/2012/lr22478.htm SEC Charges Massachusetts-Based Corporation and Senior Officers in $26 Million Fraudulent Securities Offering LR-22478 Mon, 10 Sep 2012 17:44:40 EDT http://www.sec.gov/litigation/litreleases/2012/lr22477.htm The Securities and Exchange Commission today announced that New York-based investment advisory firm ICP Asset Management and its founder and president Thomas C. Priore have agreed to settle the agency’s charges that they defrauded several collateralized debt obligations (CDOs) they managed. LR-22477 Mon, 10 Sep 2012 16:19:53 EDT http://www.sec.gov/litigation/litreleases/2012/lr22476.htm SEC SHUTS DOWN SAN DIEGO-BASED REAL ESTATE INVESTMENT FRAUD SCHEME LR-22476 Mon, 10 Sep 2012 13:24:18 EDT http://www.sec.gov/litigation/litreleases/2012/lr22475.htm On September 6, 2012 the Securities and Exchange Commission charged a solar panel manufacturer headquartered in South San Francisco and three of its former executives with defrauding investors by concealing the transfer of nearly half of the ownership stake in its Chinese subsidiary to three individuals in China who manage the subsidiary. LR-22475 Mon, 10 Sep 2012 08:57:13 EDT http://www.sec.gov/litigation/litreleases/2012/lr22474.htm SEC Files Settled Insider Trading Action against Pharmaceutical Company Executive and His Father-In-Law LR-22474 Thu, 6 Sep 2012 15:30:04 EDT http://www.sec.gov/litigation/litreleases/2012/lr22473.htm SEC Charges Public Relations Executive with Insider Trading in Client's Stock LR-22473 Thu, 6 Sep 2012 14:28:04 EDT http://www.sec.gov/litigation/litreleases/2012/lr22472.htm SEC Charges Attorney and Two Other South Florida Residents in $27.5 Million Investment Fraud LR-22472 Thu, 6 Sep 2012 14:28:04 EDT http://www.sec.gov/litigation/litreleases/2012/lr22471.htm SEC Charges California Man for Illegal Tips to Hedge Fund Manager LR-22471 Wed, 5 Sep 2012 11:30:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22470.htm SEC Charges China Sky One Medical and Top Executive with Inflating Financial Results through Phony Sales LR-22470 Tue, 4 Sep 2012 16:00:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22469.htm SEC Charges Griffin, Georgia CPA with Insider Trading LR-22469 Tue, 4 Sep 2012 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22468.htm SEC Charges Griffin, Georgia Accountant and Three Others with Insider Trading LR-22468 Tue, 4 Sep 2012 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22467.htm SEC Charges Georgia Resident with Insider Trading LR-22467 Tue, 4 Sep 2012 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22466.htm SEC Charges Georgia Resident with Insider Trading LR-22466 Tue, 4 Sep 2012 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22465.htm SEC Charges Georgia Resident with Insider Trading LR-22465 Tue, 4 Sep 2012 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2012/lr22464.htm HEDGE FUND MANAGER AND HIS FIRM ORDERED TO DISGORGE MORE THAN $2 MILLION OF ILLICIT PROFITS FROM INSIDER TRADING SCHEME LR-22464 Fri, 31 Aug 2012 17:45:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22463.htm SEC Charges Former Mississippi Investment Adviser, Now Based in Bahamas, With Fraud LR-22463 Fri, 31 Aug 2012 17:45:16 EDT http://www.sec.gov/litigation/litreleases/2012/lr22462.htm SEC Charges Brokers for Defrauding Brazilian Public Pension Funds in Markup Scheme LR-22462 Wed, 29 Aug 2012 15:41:33 EDT http://www.sec.gov/litigation/litreleases/2012/lr22461.htm On August 28, 2012, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York charging Wwebnet, Inc. (Wwebnet) and its chief executive officer, Robert L. Kelly (Kelly), with making material misrepresentations and omissions to investors in Wwebnet. LR-22461 Wed, 29 Aug 2012 10:38:22 EDT http://www.sec.gov/litigation/litreleases/2012/lr22460.htm SEC Charges Former Sky Bell Hedge Fund Manager With Making Misrepresentations In Selling And Recommending His Hedge Funds LR-22460 Mon, 27 Aug 2012 17:18:52 EDT http://www.sec.gov/litigation/litreleases/2012/lr22459.htm CONVICTED PONZI SCHEME OPERATOR JEFFREY L. MOWEN ORDERED TO PAY OVER $18,000,000 IN SEC ACTION LR-22459 Mon, 27 Aug 2012 17:18:52 EDT http://www.sec.gov/litigation/litreleases/2012/lr22458.htm SEC Charges Eric Martin, former Vice President of Investor Relations of Carter’s Inc. with Insider Trading LR-22458 Fri, 24 Aug 2012 17:45:03 EDT http://www.sec.gov/litigation/litreleases/2012/lr22457.htm SEC Charges New York-Based Firm And Owner In Penny Stock Scheme LR-22457 Thu, 23 Aug 2012 17:55:29 EDT http://www.sec.gov/litigation/litreleases/2012/lr22456.htm SEC FILES ENFORCEMENT ACTION TO HALT $600 MILLION PYRAMID AND PONZI SCHEME LR-22456 Wed, 22 Aug 2012 18:00:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22455.htm SEC Charges Former Array BioPharma Manager For Insider Trading LR-22455 Tue, 21 Aug 2012 13:55:27 EDT http://www.sec.gov/litigation/litreleases/2012/lr22454.htm The Securities and Exchange Commission today charged a Puerto Rico resident and his company with conducting a Ponzi scheme that targeted evangelical Christians and factory workers in Puerto Rico. LR-22454 Tue, 21 Aug 2012 12:27:49 EDT http://www.sec.gov/litigation/litreleases/2012/lr22452.htm SEC SUES NEW YORK PENNY STOCK DISTRIBUTOR LR-22452 Mon, 20 Aug 2012 11:45:32 EDT http://www.sec.gov/litigation/litreleases/2012/lr22453.htm SEC CHARGES COLLEGE FOOTBALL HALL OF FAME COACH IN $80 MILLION PONZI SCHEME LR-22453 Mon, 20 Aug 2012 08:34:08 EDT http://www.sec.gov/litigation/litreleases/2012/lr22451.htm NEW CHARGES IN INSIDER TRADING CASE INCLUDE FORMER CEO AND PROFESSIONAL BASEBALL PLAYER LR-22451 Fri, 17 Aug 2012 16:40:26 EDT http://www.sec.gov/litigation/litreleases/2012/lr22450.htm SEC CHARGES ORACLE CORPORATION WITH FCPA VIOLATIONS RELATED TO SECRET SIDE FUNDS IN INDIA LR-22450 Thu, 16 Aug 2012 14:20:26 EDT http://www.sec.gov/litigation/litreleases/2012/lr22449.htm SEC HALTS DENVER-BASED PONZI SCHEME LR-22449 Wed, 15 Aug 2012 15:53:56 EDT http://www.sec.gov/litigation/litreleases/2012/lr22448.htm SEC CHARGES PETRO-SUISSE LTD. AND MARK GASARCH WITH OFFERING FRAUD LR-22448 Tue, 14 Aug 2012 16:55:17 EDT http://www.sec.gov/litigation/litreleases/2012/lr22447.htm SEC CHARGES HOME AND CONSTRUCTION LOAN COMPANIES AND THEIR PRINCIPAL WITH OFFERING FRAUD LR-22447 Tue, 14 Aug 2012 13:20:17 EDT http://www.sec.gov/litigation/litreleases/2012/lr22446.htm COURT ENTERS FINAL JUDGMENT AGAINST ALERO ODELL MACK, JR. LR-22446 Tue, 14 Aug 2012 13:20:17 EDT http://www.sec.gov/litigation/litreleases/2012/lr22445.htm SEC Charges Six Individuals in $6 Million "Shell-Factory" Scheme LR-22445 Tue, 14 Aug 2012 10:05:17 EDT http://www.sec.gov/litigation/litreleases/2012/lr22444.htm SEC Charges Participants in $5 Million Boiler Room Scheme LR-22444 Fri, 10 Aug 2012 17:20:30 EDT http://www.sec.gov/litigation/litreleases/2012/lr22443.htm Former Chief Financial Officer of Soyo Group Ordered to Pay $15,600,000 Penalty for Securities Fraud LR-22443 Fri, 10 Aug 2012 17:20:30 EDT http://www.sec.gov/litigation/litreleases/2012/lr22442.htm SEC Charges Former Public Company CEO with Fraud LR-22442 Fri, 10 Aug 2012 17:20:30 EDT http://www.sec.gov/litigation/litreleases/2012/lr22441.htm Former Deloitte Partner Pleads Guilty to Insider Trading LR-22441 Thu, 9 Aug 2012 13:02:23 EDT http://www.sec.gov/litigation/litreleases/2012/lr22440.htm The Securities and Exchange Commission announced that Martin B. Carter and Ryan A. Rauch have agreed to settle charges brought against them in SEC v. Heart Tronics, Inc., et al. LR-22440 Thu, 9 Aug 2012 08:53:34 EDT http://www.sec.gov/litigation/litreleases/2012/lr22439.htm SEC OBTAINS BAR AGAINST FORMER EXECUTIVE FROM SERVING AS AN OFFICER OR DIRECTOR OF A PUBLIC COMPANY DUE TO ILLEGAL INSIDER TRADING LR-22439 Wed, 8 Aug 2012 15:56:52 EDT http://www.sec.gov/litigation/litreleases/2012/lr22438.htm SEC FILES SETTLED FCPA CHARGES AGAINST PFIZER INC. AND WYETH LLC LR-22438 Wed, 8 Aug 2012 10:18:44 EDT http://www.sec.gov/litigation/litreleases/2012/lr22437.htm SEC CHARGES REAL ESTATE INVESTMENT COMPANY AND ITS PRINCIPALS WITH OFFERING FRAUD LR-22437 Tue, 7 Aug 2012 15:58:46 EDT http://www.sec.gov/litigation/litreleases/2012/lr22436.htm SEC FREEZES AN ADDITIONAL $6 MILLION IN NEXEN INSIDER TRADING CASE LR-22436 Mon, 6 Aug 2012 17:35:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22435.htm FINAL JUDGEMENTS ENTERED AGAINST FORMER EXECUTIVES OF MASSACHUSETTS COMPANY LR-22435 Mon, 6 Aug 2012 12:06:24 EDT http://www.sec.gov/litigation/litreleases/2012/lr22434.htm SEC Charges Massachusetts Resident with Insider Trading in Art Technology, Inc. LR-22434 Fri, 3 Aug 2012 16:57:55 EDT http://www.sec.gov/litigation/litreleases/2012/lr22433.htm SEC CHARGES BRISTOL-MYERS SQUIBB EXECUTIVE WITH INSIDER TRADING IN STOCK OPTIONS OF POTENTIAL ACQUISITION TARGETS LR-22433 Fri, 3 Aug 2012 13:42:07 EDT http://www.sec.gov/litigation/litreleases/2012/lr22432.htm SEC Settles Litigation With Former Veritas Software Corporation Chief Financial Officer LR-22432 Thu, 2 Aug 2012 17:35:51 EDT http://www.sec.gov/litigation/litreleases/2012/lr22431.htm SHANE A. MULLHOLAND AND DISSEMINATION SERVICES LLC ENJOINED AND BARRED FROM PENNY STOCK OFFERINGS LR-22431 Thu, 2 Aug 2012 17:35:51 EDT http://www.sec.gov/litigation/litreleases/2012/lr22430.htm SEC CHARGES MULTIPLE INDIVIDUALS AND ENTITIES IN THE U.S. FOR WIDESPREAD MISCONDUCT IN CONNECTION WITH CHINESE REVERSE MERGER COMPANY LR-22430 Mon, 30 Jul 2012 16:01:11 EDT http://www.sec.gov/litigation/litreleases/2012/lr22429.htm SEC Charges Ohio Oil and Gas Concern with Offering Fraud LR-22429 Mon, 30 Jul 2012 16:01:11 EDT http://www.sec.gov/litigation/litreleases/2012/lr22428.htm SEC FREEZES ASSETS OF INSIDER TRADERS IN NEXEN ACQUISITION LR-22428 Mon, 30 Jul 2012 14:54:15 EDT http://www.sec.gov/litigation/litreleases/2012/lr22427.htm The Securities and Exchange Commission announced fraud charges against Bucks-County, Pennsylvania-resident Emanuel L. Sarris, Sr. and his firm, Sarris Financial Group, Inc., for their role in facilitating a massive Ponzi scheme operated by another individual. LR-22427 Mon, 30 Jul 2012 10:45:02 EDT http://www.sec.gov/litigation/litreleases/2012/lr22426.htm The Securities and Exchange Commission announced today that LocatePlus Holdings Corporation has agreed to settle charges it engaged in securities fraud from 2005 through 2007 by misleading investors about its funding and revenue in violation of the antifraud and reporting provisions of the federal securities laws. LR-22426 Mon, 30 Jul 2012 10:45:02 EDT http://www.sec.gov/litigation/litreleases/2012/lr22425.htm JUDGMENTS ENTERED AGAINST DEFENDANTS FOR DISTRIBUTING UNREGISTERED SHARES OF UNIVERSAL EXPRESS INC. LR-22425 Fri, 27 Jul 2012 17:23:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22424.htm SEC CHARGES AIDER AND ABETTOR OF PENNY STOCK COMPANY’S DISCLOSURE OF FAKE INVESTMENT LR-22424 Wed, 25 Jul 2012 16:50:44 EDT http://www.sec.gov/litigation/litreleases/2012/lr22423.htm SEC CHARGES CLOSE FRIEND OF STAFFING COMPANY CEO WITH INSIDER TRADING AROUND ACQUISITION LR-22423 Wed, 25 Jul 2012 14:39:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22422.htm INVESTMENT ADVISOR CHARGED BY SEC WITH FRAUD SENTENCED TO 51 MONTHS IN PRISON LR-22422 Wed, 25 Jul 2012 14:39:21 EDT http://www.sec.gov/litigation/litreleases/2012/lr22421.htm Defendant Matthew Brown Settles Penny Stock Manipulation Charges LR-22421 Wed, 25 Jul 2012 11:21:29 EDT http://www.sec.gov/litigation/litreleases/2012/lr22420.htm SEC CHARGES STOCK PROMOTER IN INTERNET-BASED SCALPING SCHEME LR-22420 Mon, 23 Jul 2012 13:42:09 EDT http://www.sec.gov/litigation/litreleases/2012/lr22419.htm SEC CHARGES CEO WITH INSIDER TRADING IN SECONDARY OFFERING OF COMPANY STOCK LR-22419 Fri, 20 Jul 2012 11:05:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22418.htm SEC OBTAINS FINAL JUDGMENT IN CASE INVOLVING PONZI SCHEME AND PROMOTION OF CHINA VOICE HOLDING CORP. LR-22418 Thu, 19 Jul 2012 12:33:35 EDT http://www.sec.gov/litigation/litreleases/2012/lr22417.htm Mizuho to Pay $127.5 Million to Settle SEC Charges of Misleading Investors in CDO LR-22417 Thu, 19 Jul 2012 12:23:54 EDT http://www.sec.gov/litigation/litreleases/2012/lr22416.htm SEC Charges Family-Run Business Promising Investors Stake in Purported $11 Billion Gold Mine LR-22416 Tue, 17 Jul 2012 14:33:44 EDT http://www.sec.gov/litigation/litreleases/2012/lr22415.htm Court Issues Final Judgment Enforcing Prior Order Of The Commission Against Rodney R. Schoemann LR-22415 Mon, 16 Jul 2012 17:57:18 EDT http://www.sec.gov/litigation/litreleases/2012/lr22414.htm FORMER CHIEF INVESTMENT OFFICER AND PORTFOLIO MANAGER FOR THE SCHWAB YIELDPLUS FUND AGREES TO SETTLE CHARGES LR-22414 Thu, 12 Jul 2012 14:13:03 EDT http://www.sec.gov/litigation/litreleases/2012/lr22413.htm SEC Charges Five Physicians with Insider Trading in Stock of Medical Professional Liability Insurer LR-22413 Tue, 10 Jul 2012 17:51:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22412.htm SEC CHARGES ORTHOFIX INTERNATIONAL WITH FCPA VIOLATIONS LR-22412 Tue, 10 Jul 2012 17:51:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22411.htm Final Judgment Entered Against Connecticut Man Who Misappropriated Over $1 Million From Vulnerable Investors LR-22411 Mon, 9 Jul 2012 13:16:36 EDT http://www.sec.gov/litigation/litreleases/2012/lr22410.htm SEC Charges Company, CEO, and Stock Promoter With Market Manipulation LR-22410 Fri, 6 Jul 2012 17:00:51 EDT http://www.sec.gov/litigation/litreleases/2012/lr22409.htm SEC FREEZES ASSETS OF MISSING GEORGIA-BASED INVESTMENT ADVISER LR-22409 Tue, 3 Jul 2012 12:34:54 EDT http://www.sec.gov/litigation/litreleases/2012/lr22408.htm SEC CHARGES GOLD STANDARD MINING CORP. AND OTHERS FOR FALSE AND MISLEADING STATEMENTS CONCERNING RUSSIAN GOLD MINING OPERATIONS LR-22408 Tue, 3 Jul 2012 12:34:54 EDT http://www.sec.gov/litigation/litreleases/2012/lr22407.htm SEC CHARGES PETER MADOFF WITH FRAUD AND FALSE STATEMENTS TO REGULATORS LR-22407 Fri, 29 Jun 2012 15:51:49 EDT http://www.sec.gov/litigation/litreleases/2012/lr22406.htm SEC SHUTS DOWN MORTGAGE FUND PONZI-LIKE SCHEME LR-22406 Thu, 28 Jun 2012 15:58:13 EDT http://www.sec.gov/litigation/litreleases/2012/lr22405.htm FalconStor Software, Inc. LR-22405 Thu, 28 Jun 2012 13:27:09 EDT http://www.sec.gov/litigation/litreleases/2012/lr22404.htm SEC Obtains Final Judgments On Consent Against All Defendants in the Mariner Energy Insider Trading Case LR-22404 Thu, 28 Jun 2012 13:27:09 EDT http://www.sec.gov/litigation/litreleases/2012/lr22403.htm SEC Charges Philip A. Falcone and Harbinger Charged with Securities Fraud LR-22403 Thu, 28 Jun 2012 12:41:52 EDT http://www.sec.gov/litigation/litreleases/2012/lr22402.htm SEC SUES FUND ADVISER FOR FEES CHARGED IN BREACH OF DUTY UNDER THE INVESTMENT COMPANY ACT LR-22402 Wed, 27 Jun 2012 10:43:55 EDT http://www.sec.gov/litigation/litreleases/2012/lr22401.htm SEC Charges Founder of Equity Research Firm with Insider Trading LR-22401 Wed, 27 Jun 2012 10:43:55 EDT http://www.sec.gov/litigation/litreleases/2012/lr22400.htm The Securities and Exchange Commission today charged that a former broker in Orlando, Fla., defrauded investors in an astrology-based Ponzi scheme. LR-22400 Mon, 25 Jun 2012 16:26:34 EDT http://www.sec.gov/litigation/litreleases/2012/lr22399.htm The Securities and Exchange Commission today charged that a former broker in Orlando, Fla., defrauded investors in an astrology-based Ponzi scheme. LR-22399 Mon, 25 Jun 2012 16:26:34 EDT http://www.sec.gov/litigation/litreleases/2012/lr22398.htm Court Approves SEC Settlements with Two Former Bear Stearns Hedge Fund Portfolio Managers; SEC Bars Managers from Regulated Industries LR-22398 Mon, 25 Jun 2012 13:59:04 EDT http://www.sec.gov/litigation/litreleases/2012/lr22397.htm COURT FINDS BAY AREA HEDGE FUND MANAGER IN CIVIL CONTEMPT FOR FAILING TO PAY MORE THAN $12 MILLION IN DISGORGEMENT TO DEFRAUDED INVESTORS LR-22397 Mon, 25 Jun 2012 11:56:05 EDT http://www.sec.gov/litigation/litreleases/2012/lr22396.htm SEC CHARGES MASSACHUSETTS INVESTMENT ADVISER WITH FRAUD AND OBTAINS ASSET FREEZE LR-22396 Wed, 20 Jun 2012 16:03:29 EDT