U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20612 / June 10, 2008
Securities and Exchange Commission v. W. Anthony Huff, et al., Case No. 08-60315-CIV-ZLOCH (S.D. FL)
Court Enters Final Judgment of Permanent Injunction and Other Relief Against Defendant Danny L. Pixler
The Commission announced that on May 7, 2008 the Honorable William J. Zloch of the United States District Court for the Southern District of Florida entered a Final Judgment of Permanent Injunction and Other Relief against Danny Pixler, Certified Services Inc.'s Chief Executive Officer. The Judgment enjoins him from violating Section 17(a) of the Securities Act of 1933, Sections 10(b) and 13(b)(5) of the Securities Exchange Act of 1934 (Exchange Act), and Rules 10b-5, 13a-14, 13b2-1, 13b2-2 thereunder and from aiding and abetting Certified's violations of Section 13(a), 13(b)(2)(A), 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1 and Rule 13a-13 thereunder. In addition to injunctive relief, the Judgment permanently bars Pixler from acting as an officer and director and from participating in the offering of any penny stock. The Judgment also orders him to pay disgorgement of ill-gotten gains, with prejudgment interest and a civil money penalty, in an amount to be determined at a later date. Pixler consented to entry of the judgment without admitting or denying any of the allegations in the complaint.
On March 6, 2008, the Commission filed a civil injunctive action against Pixler and others. The complaint charged Pixler and others with financial fraud conducted in violation of the federal securities laws arising from their involvement with Certified.
For more information on earlier actions in this case, see Litigation Release No. 20481 (March 6, 2008).