U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21589 / July 8, 2010
DEFAULT JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT ROBERT COMISKEY
Securities and Exchange Commission v. Winning Kids, Inc., et al., Civil Action No. 10-CV-80186-MARRA/JOHNSON (S.D. Fla.)
The Commission announced that on June 30, 2010, the Honorable Kenneth A. Marra, United States District Court Judge for the Southern District of Florida, entered a default judgment of permanent injunction and other relief against Defendant Robert Comiskey, a sales agent for Winning Kids, Inc. Comiskey defaulted by failing to appear, answer or otherwise plead in response to the Commission's complaint. The default judgment permanently enjoins Comiskey from future violations of Sections 5(a), 5(c) and 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. The default judgment orders Comiskey to pay disgorgement of $86,975 and prejudgment interest of $6,657.53. In addition, Comiskey is ordered to pay a civil penalty in an amount to be determined at a later date.
On January 29, 2010, the Commission filed its complaint against Comiskey and others alleging that they participated in a fraudulent offering scheme that raised approximately $2 million from investors nationwide, purportedly for the development and marketing of children's books.
For more information on earlier actions in this case, see LR-21400 (Feb. 2, 2010).