Uncommon Media Group, Inc., et al.

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 21217 / September 21, 2009

Securities and Exchange Commission v. Uncommon Media Group, Inc., et al., Case No. 04-80272-CIV-HURLEY (S.D. Fla.)

Final Judgment of Permanent Injunction and Other Relief Entered Against Defendant Timothy Rafferty

The Commission announced that on September 16, 2009, the Honorable Daniel T.K. Hurley of the United States District Court for the Southern District of Florida entered a Final Judgment of Permanent Injunction and Other Relief against Defendant Timothy Rafferty. The final judgment enjoins Rafferty from violating Sections 5 and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. In addition to injunctive relief, the final judgment permanently bars Rafferty from participating in the offering of any penny stock and dismisses the Commission's claims for disgorgement, prejudgment interest and civil penalties against him, because he has been ordered to pay restitution and sentenced to prison in a related criminal proceeding. Rafferty consented to entry of the final judgment without admitting or denying any of the allegations in the complaint.

The Commission commenced this action by filing its Complaint on March 23, 2004 against Rafferty and others, alleging that they violated the federal securities laws.

For additional information, see LR-19251 (June 8, 2005), LR-19257 (June 8, 2005), LR-19333 (August 11, 2005), LR-19881 (Oct. 25, 2006).