U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 18604 / March 1, 2004
Securities and Exchange Commission v. Maven Capital Corporation, et al., United States District Court for the District of Nevada, Civil Action No. CV-S-00501-KJD (LRL)
On February 24, 2004, the Honorable Kent J. Dawson, United States District Judge for the District of Nevada, entered an Order To Show Cause why defendant Rodd Buckle (Buckle) should not be held in civil contempt for his violation of the Court's February 13, 2001 order requiring him to pay disgorgement and civil penalties.
The Commission's application alleges that on February 13, 2001, the Court entered an Order on Civil Penalties as to Buckle. The order provided, among other things, that Buckle pay previously ordered disgorgement of $2,037,815 and a civil penalty of $110,000 within 30 days of the order. The application alleges that although more than two years have passed since the judgment, Buckle has made no payment whatsoever.
See also: L. R. 16123 (April 26, 1999); L. R. 18341 (September 11, 2003)