U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19018 / December 30, 2004
SECURITIES AND EXCHANGE COMMISSION V. MICHAEL LAUER, ET AL., Case No. 03-80612-CIV-MARRA/VITUNAC (S.D. Fla).
SEC FILES CONTEMPT MOTION AGAINST MICHAEL LAUER
The Securities and Exchange Commission announced that on December 9, 2004, it filed with the United States District Court for the Southern District of Florida an Application for an Order to Show Cause why Michael Lauer should not be held in civil contempt for violating the Court's November 8, 2004 Order Requiring Him to Respond to Plaintiff's First Set of Interrogatories by No Later Than November 22, 2004.
The Commission's contempt application asserts that despite multiple motions by the Commission to Compel, four Court Orders requiring Lauer to provide full and complete responses, and subsequent motions by the Commission to hold Lauer in contempt, Lauer still refuses to provide full and complete interrogatory responses. On December 16, 2004, United States Magistrate Judge Ann E. Vitunac granted the Commission's Application and ordered Lauer to show cause in writing within 10 days why the Court should not recommend to the District Court that Lauer be held in civil contempt for violating the November 8, 2004 Order.
For further information, see Litigation Release No. 18226 (July 10, 2003), Litigation Release No. 18247 (July 23, 2003), and Litigation Release No. 18991 (December 2, 2004).