U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 18813/ July 29, 2004
SECURITIES AND EXCHANGE COMMISSION V. W.L. WARE ENTERPRISES, INC., ET AL. AND WARREN L. WARE, Case No. 6:04 CV-112 ORL-18-JGG (M.D. Fla.)
JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANT WARREN L. WARE
The Securities and Exchange Commission ("SEC") announced that on May 14, 2004, the United States District Court for the Middle District of Florida entered a Judgment of Permanent Injunction and Other Relief ("Judgment") against Defendant Warren L. Ware ("Ware"). The Judgment, entered with Ware's consent, without admitting or denying the allegations of the SEC's Complaint, enjoins him from violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. In addition to injunctive relief, the Judgment provides for disgorgement and the imposition of a civil penalty in amounts to be reached by agreement of the parties and/or by the Court upon the SEC's motion.
For further information, see Litigation Release No. 18557 (January 29, 2004).