http://www.sec.gov/litigation/litreleases.shtml The latest litigation releases from the Securities and Exchange Commission en-us Fri, 15 Aug 2008 00:00:01 EDT Fri, 15 Aug 2008 16:00:12 EDT http://www.sec.gov/litigation/litreleases/2008/lr20685.htm SEC settles civil injunctive action with Bryan S. Behrens and his company National Investments, Inc. LR-20685 Fri, 15 Aug 2008 16:00:12 EDT http://www.sec.gov/litigation/litreleases/2008/lr20684.htm SEC freezes funds in trans-atlantic "pump and dump" scheme. LR-20684 Fri, 15 Aug 2008 11:00:51 EDT http://www.sec.gov/litigation/litreleases/2008/lr20683.htm SEC Settles Options Backdating Charges With Former Apple General Counsel For $2.2 Million LR-20683 Thu, 14 Aug 2008 11:51:53 EDT http://www.sec.gov/litigation/litreleases/2008/lr20680.htm SEC resolves Sun Communities litigation. LR-20680 Tue, 12 Aug 2008 15:10:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20681.htm On August 11, 2008, the United States Securities and Exchange Commission filed a civil complaint against David B. Stocker, a Phoenix, Arizona attorney, and his wholly-owned corporation, Carrera Capital, Inc. LR-20681 Tue, 12 Aug 2008 14:38:31 EDT http://www.sec.gov/litigation/litreleases/2008/lr20682.htm SEC charges Kay Services and its owner, Marcia Sladich, with orchestrating a Ponzi scheme. LR-20682 Tue, 12 Aug 2008 14:26:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20679.htm Court permanently enjoins Cedar Park, Texas resident Warren Todd Chambers and his company Century Estate Planning, Inc. from violating certain antifraud and registration provisions. LR-20679 Tue, 12 Aug 2008 10:54:40 EDT http://www.sec.gov/litigation/litreleases/2008/lr20678.htm SEC charges defendants in $255 million Ponzi-type scheme involving Wextrust Capital, LLC and other Wextrust entities LR-20678 Mon, 11 Aug 2008 11:54:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20677.htm Defendant in SEC enforcement action sentenced in federal court on related criminal charges. LR-20677 Fri, 8 Aug 2008 17:25:07 EDT http://www.sec.gov/litigation/litreleases/2008/lr20676.htm SEC charges participants in fraudulent scheme to manipulate stock price and evade registration requirements and settles charges against attorney. LR-20676 Fri, 8 Aug 2008 15:47:43 EDT http://www.sec.gov/litigation/litreleases/2008/lr20675.htm SEC sues Russian for scheme to intrude into online accounts, manipulate market. LR-20675 Thu, 7 Aug 2008 17:26:40 EDT http://www.sec.gov/litigation/litreleases/2008/lr20674.htm S.E.C. settles fraud charges with offshore entity in scheme that drove the stock price of Cameron International, Inc. from pennies to $90 per share. LR-20674 Thu, 7 Aug 2008 14:57:08 EDT http://www.sec.gov/litigation/litreleases/2008/lr20673.htm SEC charges six microcap companies, four officers and four sham consultants for improperly raising capital by abusing form s-8. LR-20673 Thu, 7 Aug 2008 13:47:49 EDT http://www.sec.gov/litigation/litreleases/2008/lr20672.htm SEC settles civil injunctive action with former executive of Massachusetts public company. LR-20672 Thu, 7 Aug 2008 11:48:37 EDT http://www.sec.gov/litigation/litreleases/2008/lr20671.htm SEC charges former ABB project manager for falsifying company's books and records. LR-20671 Wed, 6 Aug 2008 13:12:41 EDT http://www.sec.gov/litigation/litreleases/2008/lr20670.htm Prudential Financial, Inc. settles financial reporting and related charges by SEC for improperly reporting over $200 million in income as a result of purported reinsurance contracts. LR-20670 Wed, 6 Aug 2008 11:19:17 EDT http://www.sec.gov/litigation/litreleases/2008/lr20669.htm SEC charges Brent Lemons, former registered representative from Tyler, Texas, with fraud. LR-20669 Mon, 4 Aug 2008 10:23:57 EDT http://www.sec.gov/litigation/litreleases/2008/lr20668.htm SEC charges former CEO and former director and interim CFO of SeraCare Life Sciences with financial fraud. LR-20668 Fri, 1 Aug 2008 13:25:47 EDT http://www.sec.gov/litigation/litreleases/2008/lr20667.htm The Securities and Exchange Commission ("Commission") announced that on July 25, 2008, the Honorable George Lindberg, United States District Court, Northern District of Illinois, entered an Agreed Order Making Findings of Contempt of the Court's April 18, 2008 Asset Freeze Order by Jason R. Hyatt and Heidi E. Hyatt (the "Contempt Order"). The Contempt Order found that Jason Hyatt, a resident of St. Charles, Illinois, and Heidi Hyatt, Jason Hyatt's spouse and also a resident of St. Charles, Illinois, were in contempt of an order (the "Asset Freeze Order"). The Asset Freeze Order entered by the Honorable William Hibbler acting as emergency judge froze all of the assets of Jason Hyatt. LR-20667 Fri, 1 Aug 2008 11:19:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20666.htm On July 31, 2008, the Honorable Gerald E. Rosen of the United States District Court for the Eastern District of Michigan issued an order of preliminary injunction and asset freeze against Paul G. Merklinger (Merklinger) of Novi, Michigan, and Encore Associated Leasing, LLC (Encore Leasing), a company formed, owned and controlled by Merklinger, and issued an asset freeze against Merklinger's son, Brian Merklinger, a relief defendant. Previously, on July 24, 2008, Judge Rosen issued an order temporarily prohibiting Merklinger and Encore Leasing from attempting to offer securities or other investments and from transferring any assets. That order was issued under seal by the court and that seal has now been lifted. LR-20666 Fri, 1 Aug 2008 10:52:48 EDT http://www.sec.gov/litigation/litreleases/2008/lr20665.htm Court permanently enjoins Coppell, Texas resident Mark Meyer and his company Mark Meyer & Associates, Inc. from violating certain antifraud and registration provisions. LR-20665 Thu, 31 Jul 2008 12:29:04 EDT http://www.sec.gov/litigation/litreleases/2008/lr20664.htm SEC action alleges registration and anti-fraud violations by six individudals. LR-20664 Thu, 31 Jul 2008 12:29:04 EDT http://www.sec.gov/litigation/litreleases/2008/lr20663.htm Federal Judge Permanently Enjoins Three Defendants and Three Penny Stock Issuers in Pump and Dump Price Manipulation Scheme LR-20663 Wed, 30 Jul 2008 17:41:40 EDT http://www.sec.gov/litigation/litreleases/2008/lr20662.htm Stock trader receives 36 month sentence for orchestrating wash sales and matched orders in Spam-Fueled Pump-and-Dump Schemes LR-20662 Wed, 30 Jul 2008 17:55:48 EDT http://www.sec.gov/litigation/litreleases/2008/lr20661.htm Final Judgment Setting Disgorgement and Civil Penalty Entered Against Defendants Donald E. Secunda, Larry Webman, and Melvin Webamn LR-20661 Wed, 30 Jul 2008 17:18:27 EDT http://www.sec.gov/litigation/litreleases/2008/lr20660.htm Former Refco CEO Phillip R. Bennett settles SEC fraud action. LR-20660 Wed, 30 Jul 2008 13:29:14 EDT http://www.sec.gov/litigation/litreleases/2008/lr20659.htm SEC charges former chairman and chief executive officer of Enron Energy Services with insider trading. LR-20659 Tue, 29 Jul 2008 14:36:27 EDT http://www.sec.gov/litigation/litreleases/2008/lr20658.htm SEC charges former chairman and chief executive officer of Enron Energy Services with insider trading. LR-20658 Tue, 29 Jul 2008 12:39:08 EDT http://www.sec.gov/litigation/litreleases/2008/lr20657.htm On July 28, 2008, the Securities and Exchange Commission filed an injunctive action in the United States District Court for the District of Colorado relating to the fraudulent and unregistered offer and sale of over $5 million of "prime bank" securities. LR-20657 Tue, 29 Jul 2008 10:59:38 EDT http://www.sec.gov/litigation/litreleases/2008/lr20656.htm Former mining manager settles charges with SEC for trading on inside information. LR-20656 Tue, 29 Jul 2008 10:12:42 EDT http://www.sec.gov/litigation/litreleases/2008/lr20655.htm SEC obtains order halting alleged offering fraud by purported alternative energy company. LR-20655 Mon, 28 Jul 2008 14:23:46 EDT http://www.sec.gov/litigation/litreleases/2008/lr20654.htm SEC obtains emergency asset freeze against unknown call options purchaser. LR-20654 Fri, 25 Jul 2008 17:05:50 EDT http://www.sec.gov/litigation/litreleases/2008/lr20653.htm SEC charges Hillsborough, Calif. investment adviser with misappropriating millions of dollars from clients. LR-20653 Wed, 23 Jul 2008 16:59:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20652.htm SEC obtains emergency relief against stock based loan operators; judge orders asset freeze, preliminary injunction, and appointment of receiver. LR-20652 Tue, 22 Jul 2008 17:17:51 EDT http://www.sec.gov/litigation/litreleases/2008/lr20651.htm SEC files lawsuit against HCC Insurance Holdings, Inc., former HCC CEO, and former HCC General Counsel for stock-option-backdating violations LR-20651 Tue, 22 Jul 2008 12:48:02 EDT http://www.sec.gov/litigation/litreleases/2008/lr20650.htm SEC charges Scott Hirth and Proquest Company in connection with accounting fraud scheme. LR-20650 Tue, 22 Jul 2008 12:14:04 EDT http://www.sec.gov/litigation/litreleases/2008/lr20649.htm Three Defendants Named in SEC Action Found Guilty by a Federal Jury LR-20649 Fri, 18 Jul 2008 16:21:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20648.htm SEC charges Biofuel company and its CEO with fraud. LR-20648 Fri, 18 Jul 2008 11:44:55 EDT http://www.sec.gov/litigation/litreleases/2008/lr20647.htm Former iGo corporation officers are enjoined and agree to pay civil penalties. LR-20647 Thu, 17 Jul 2008 18:33:34 EDT http://www.sec.gov/litigation/litreleases/2008/lr20646.htm SEC charges mayor of Beaufort, S.C., with insider trading in stock of biotech company. LR-20646 Wed, 16 Jul 2008 13:36:41 EDT http://www.sec.gov/litigation/litreleases/2008/lr20645.htm SEC files two market manipulation enforcement actions with a common defendant. LR-20645 Tue, 15 Jul 2008 16:47:28 EDT http://www.sec.gov/litigation/litreleases/2008/lr20644.htm SEC Charges Co-CEOs of Mobile Phone Marketing Company with "Pump and Dump" Stock Fraud LR-20644 Mon, 14 Jul 2008 12:58:10 EDT http://www.sec.gov/litigation/litreleases/2008/lr20643.htm SEC charges stock based loan companies and their owners with fraud; judge enters temporary restraining order. LR-20643 Mon, 14 Jul 2008 11:11:54 EDT http://www.sec.gov/litigation/litreleases/2008/lr20642.htm SEC Settles Securities Fraud Case With El Paso Corporation, Its Subsidiaries, and Several Former Employees LR-20642 Fri, 11 Jul 2008 12:54:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20641.htm Ralph Gregory Gibbs sentenced to more than five years in prison for mail fraud in connection with a nationwide Ponzi scheme. LR-20641 Fri, 11 Jul 2008 11:53:28 EDT http://www.sec.gov/litigation/litreleases/2008/lr20640.htm Richard F. Selden, Former CEO of a Massachusetts Biotechnology Company, Settles SEC Fraud Action LR-20640 Thu, 10 Jul 2008 13:09:38 EDT http://www.sec.gov/litigation/litreleases/2008/lr20639.htm SEC Charges Broker and Former Officer Of VMT Scientific, Inc. in "Pump-And-Dump" Scheme and Suspends Trading in VMT Scientific Stock LR-20639 Wed, 9 Jul 2008 13:27:35 EDT http://www.sec.gov/litigation/litreleases/2008/lr20600a.htm SEC obtains emergency relief against Icon World Corporation, SUNCO Resources, LLC, and their principals for oil and gas offering fraud. LR-20600A Wed, 9 Jul 2008 12:36:47 EDT http://www.sec.gov/litigation/litreleases/2008/lr20638.htm SEC charges Sycamore Networks and three former officials in options backdating case. LR-20638 Wed, 9 Jul 2008 12:17:28 EDT http://www.sec.gov/litigation/litreleases/2008/lr20637.htm Alex Rabinovich Permanently Enjoined, and Pleaded Guilty to Criminal Securities Fraud Charges LR-20637 Tue, 8 Jul 2008 15:23:53 EDT http://www.sec.gov/litigation/litreleases/2008/lr20636.htm Former Morgan Stanley and ING Investment Management Services Securities Professionals Settle SEC Insider Trading Charges LR-20636 Thu, 3 Jul 2008 14:21:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20635.htm On July 2, 2008, the Securities and Exchange Commission obtained an Order of Permanent Injunction from the United States District Court for the Northern District of Illinois against John H. Lohmeier, of Oak Brook, Illinois, pursuant to his consent. LR-20635 Wed, 2 Jul 2008 17:40:59 EDT http://www.sec.gov/litigation/litreleases/2008/lr20634.htm SEC wins summary judgment on fraud claims against company and its CEO. LR-20634 Wed, 2 Jul 2008 15:44:00 EDT http://www.sec.gov/litigation/litreleases/2008/lr20633.htm SEC settles with Microtune Inc. and sues former Microtune officers in stock option backdating scheme. LR-20633 Tue, 1 Jul 2008 15:21:22 EDT http://www.sec.gov/litigation/litreleases/2008/lr20632.htm Judge Enters Final Judgment Against Defendant Francis J. Saldutti LR-20632 Tue, 01 Ju1 2008 10:50:28 EDT http://www.sec.gov/litigation/litreleases/2008/lr20631.htm SEC obtains preliminary injunction, asset freeze, and permament receiver in a $21 million fraud involving biotech investment funds. LR-20631 Mon, 30 Jun 2008 17:50:52 EDT http://www.sec.gov/litigation/litreleases/2008/lr20630.htm SEC wins jury verdict in insider trading case; six other defendants settle. LR-20630 Thu, 26 Jun 2008 15:18:58 EDT http://www.sec.gov/litigation/litreleases/2008/lr20629.htm SEC Obtains Preliminary Injunctive Relief in Case Involving a $5.7 Million Offering Fraud and Ponzi Scheme in Western New York LR-20629 Wed, 25 Jun 2008 16:16:03 EDT http://www.sec.gov/litigation/litreleases/2008/lr20628.htm SEC Obtains Preliminary Injunctive Relief in Case Involving a $5.7 Million Offering Fraud and Ponzi Scheme in Western New York LR-20628 Wed, 25 Jun 2008 11:16:50 EDT http://www.sec.gov/litigation/litreleases/2008/lr20627.htm Securities and Exchange Commission Files Subpoena Enforcement Action LR-20627 Mon, 23 Jun 2008 12:22:29 EDT http://www.sec.gov/litigation/litreleases/2008/lr20626.htm SEC files settled insider trading action against Adrian P. Di Vita. LR-20626 Fri, 20 Jun 2008 11:50:49 EDT http://www.sec.gov/litigation/litreleases/2008/lr20625.htm SEC charges two former Bear Stearns hedge fund portfolio managers with securities fraud. LR-20625 Thu, 19 Jun 2008 13:08:14 EDT http://www.sec.gov/litigation/litreleases/2008/lr20624.htm SEC Charges Two Former Sentinel Management Group Executives With Orchestrating Fraud LR-20624 Wed, 18 Jun 2008 15:20:52 EDT http://www.sec.gov/litigation/litreleases/2008/lr20623.htm SEC charges five individuals with insider trading in connection with Aviall, Inc.'s merger announcement. LR-20623 Wed, 18 Jun 2008 12:26:22 EDT http://www.sec.gov/litigation/litreleases/2008/lr20622.htm SEC Obtains Temporary Restraining Order and Asset Freeze Against Massachusetts-Based Investment Adviser Stephen F. Clifford LR-20622 Wed, 18 Jun 2008 11:32:36 EDT http://www.sec.gov/litigation/litreleases/2008/lr20621.htm SEC obtains emergency relief to preserve assets in lawsuit involving fraudulent securities offering targeting elderly investors. LR-20621 Tue, 17 Jun 2008 12:52:37 EDT http://www.sec.gov/litigation/litreleases/2008/lr20620.htm Judgment of Permanent Injunction and Other Relief Entered Agaisnt Richard Brace LR-20620 Mon, 16 Jun 2008 16:19:26 EDT http://www.sec.gov/litigation/litreleases/2008/lr20619.htm Stephen L. Hochberg Pleads Guilty to Defrauding Investors LR-20619 Mon, 16 Jun 2008 16:07:15 EDT http://www.sec.gov/litigation/litreleases/2008/lr20618.htm Federal Judge Permanently Enjoins Five Unregistered Southern California Brokers in a $50 Million Securities Fraud Scheme LR-20618 Fri, 13 Jun 2008 17:56:19 EDT http://www.sec.gov/litigation/litreleases/2008/lr20595a.htm SEC charges James G. Marquez, former co-principal of Bayou hedge fund. LR-20595A Fri, 13 Jun 2008 12:41:34 EDT http://www.sec.gov/litigation/litreleases/2008/lr20617.htm SEC settles enforcement action against Joshua M. Eudowe. LR-20617 Fri, 13 Jun 2008 10:42:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20616.htm The Securities and Exchange Commission ("Commission") announced that on June 11, 2008, it filed a Complaint in the United States District Court for the Middle District of Georgia against Edgar E. Chapman ("Chapman"). Chapman is a resident of Woodland, Georgia. The Commission seeks a permanent injunction and civil money penalties. LR-20616 Thu, 12 Jun 2008 12:38:26 EDT http://www.sec.gov/litigation/litreleases/2008/lr20615.htm Final judgment entered as to Steven Sirianni following jury trial. LR-20615 Thu, 12 Jun 2008 12:38:26 EDT http://www.sec.gov/litigation/litreleases/2008/lr20614.htm SEC Halts a $21 Million Fraud Involving Biotech Investment Funds LR-20614 Wed, 11 Jun 2008 14:37:33 EDT http://www.sec.gov/litigation/litreleases/2008/lr20613.htm Final Judgment Entered Against Ronald K. Bowen for Defrauding Investors Regarding Potential Investment in Under Armour IPO LR-20613 Wed, 11 Jun 2008 14:37:33 EDT http://www.sec.gov/litigation/litreleases/2008/lr20612.htm Court enters final judgment of permanent injunction and other relief against defendant Danny L. Pixler. LR-20612 Tue, 10 Jun 2008 12:31:26 EDT http://www.sec.gov/litigation/litreleases/2008/lr20611.htm SEC charges Burr B. McKeehan and Joseph A. Fontanetta with insider trading in connection with Animas Corporation's announcement of merger with Johnson & Johnson. LR-20611 Wed, 4 Jun 2008 11:16:00 EDT http://www.sec.gov/litigation/litreleases/2008/lr20610.htm SEC files settled insider trading action against Jeffrey P. Myers. LR-20610 Wed, 4 Jun 2008 11:16:00 EDT http://www.sec.gov/litigation/litreleases/2008/lr20609.htm SEC Charges Former Registered Representative and Former Registered Investment Adviser with Fraud LR-20609 Tue, 3 Jun 2008 11:42:36 EDT http://www.sec.gov/litigation/litreleases/2008/lr20608.htm SEC Sues 21 Individuals and Entities For Their Roles in a Massive Oil and Gas Offering Fraud LR-20608 Tue, 3 Jun 2008 11:13:55 EDT http://www.sec.gov/litigation/litreleases/2008/lr20607.htm Court enters final consent judgments against Plotkin, Shpigelman, Smith, and Santana in widespread insider trading scheme. LR-20607 Mon, 2 Jun 2008 13:02:56 EDT http://www.sec.gov/litigation/litreleases/2008/lr20606.htm Final judgments of permanent injunction and other relief entered against defendants Terry E. Provence and DT Capital LLC. LR-20606 Mon, 2 Jun 2008 12:13:10 EDT http://www.sec.gov/litigation/litreleases/2008/lr20605.htm Former Centerpulse chief financial officer settles fraud charges with SEC. LR-20605 Fri, 30 May 2008 16:26:23 EDT http://www.sec.gov/litigation/litreleases/2008/lr20604.htm Analog Devices and its CEO settle stock option backdating charges. LR-20604 Fri, 30 May 2008 14:33:30 EDT http://www.sec.gov/litigation/litreleases/2008/lr20603.htm SEC Charges Former Partner of Big Four Accounting Firm and a Registered Securities Professional With Repeated Instances of Insider Trading LR-20603 Thu, 29 May 2008 11:24:54 EDT http://www.sec.gov/litigation/litreleases/2008/lr20602.htm The Securities and Exchange Commission today announced that it has obtained an asset freeze and other emergency relief to protect investors whose funds were at risk due to fraudulent misconduct at North American Clearing, Inc., a Longwood, Florida based general securities and clearing brokerage firm. LR-20602 Wed, 28 May 2008 11:43:51 EDT http://www.sec.gov/litigation/litreleases/2008/lr20601.htm Former Connetics Corp. Executive Settles Charges with SEC for Illegally Tipping and Trading on Inside Information LR-20601 Tue, 27 May 2008 11:46:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20599.htm Former Chairman and CEO Of Gemstar-Tv Guide International, Inc. Charged With Obstruction of an SEC Investigation LR-20599 Fri, 23 May 2008 11:21:11 EDT http://www.sec.gov/litigation/litreleases/2008/lr20598.htm SEC Charges Six In Connection With Pump-and-Dump Scheme and Fraudulent Private Offering and Settles Fraud Charges With Attorney LR-20598 Fri, 23 May 2008 11:21:11 EDT http://www.sec.gov/litigation/litreleases/2008/lr20597.htm On May 22, 2008, the Securities and Exchange Commission ("Commission") filed a Complaint for Injunctive and Other Relief ("Complaint") in the United States District Court for the Eastern District of Tennessee against LandOak Securities, LLC ("LandOak Securities"); Patrick L. Martin ("Martin"); and Michael A. Atkins ("Atkins"). LandOak Securities is a registered investment adviser and broker-dealer based in Knoxville, Tennessee. Martin is an owner and associated person of LandOak Securities. Atkins is a former owner and associated person of LandOak Securities. LR-20597 Fri, 23 May 2008 09:41:33 EDT http://www.sec.gov/litigation/litreleases/2008/lr20594.htm The Securities and Exchange Commission announced that on May 21, 2008, the United States District Court for the Middle District of Florida entered a Final Judgment Setting Disgorgement and a Civil Penalty Against Defendant Patrick Kirkland. The Final Judgment which stems from Kirkland's conduct in a fraudulent unregistered securities offering, orders Kirkland to pay $7,246,347.78 in disgorgement and a $250,000 civil money penalty. The Final Judgment did not order Kirkland to pay prejudgment interest on the disgorgement amount. LR-20594 Thu, 22 May 2008 12:00:34 EDT http://www.sec.gov/litigation/litreleases/2008/lr20593.htm Permanent injunction, order of disgorgement and penalty entered. LR-20593 Thu, 22 May 2008 12:00:34 EDT http://www.sec.gov/litigation/litreleases/2008/lr20592.htm SEC settles fraud action against former U.S. Foodservice chief financial officer Michael Resnick. LR-20592 Wed, 21 May 2008 11:06:15 EDT http://www.sec.gov/litigation/litreleases/2008/lr20591.htm SEC charges Massachusetts money manager with misappropriating investor funds from elderly and other clients. LR-20591 Wed, 21 May 2008 10:50:45 EDT http://www.sec.gov/litigation/litreleases/2008/lr20590.htm Former Massachusetts investment adviser found guilty of fraud; Louisiana partner faces criminal charges. LR-20590 Tue, 20 May 2008 17:33:48 EDT http://www.sec.gov/litigation/litreleases/2008/lr20589.htm SEC charges former director of corporate finance and investor relations of Provide Commerce with insider trading. LR-20589 Tue, 20 May 2008 17:33:48 EDT http://www.sec.gov/litigation/litreleases/2008/lr20588.htm On May 16, 2008, the Commission obtained Orders of Preliminary Injunction and Other Relief (Orders) from the United States District Court for the Eastern District of Michigan against Gregory N. McKnight (McKnight) and Legisi Holdings, LLC (Legisi), pursuant to their consent. LR-20588 Tue, 20 May 2008 14:11:44 EDT http://www.sec.gov/litigation/litreleases/2008/lr20587.htm Court preliminarily enjoins and freezes assets of defendants in fraudulent investment adviser scheme; appoints permanent receiver. LR-20587 Mon, 19 May 2008 15:11:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20586.htm SEC charges eight former executives of AOL Time Warner for the company's accounting fraud. LR-20586 Mon, 19 May 2008 14:03:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20585.htm SEC obtains asset freeze in the United Kingdom against hedge fund manager. LR-20585 Mon, 19 May 2008 12:50:35 EDT http://www.sec.gov/litigation/litreleases/2008/lr20583.htm Temporary restraining order entered in $5.7 million dollar offering fraud and Ponzi scheme in Western New York. LR-20583 Mon, 19 May 2008 12:50:35 EDT http://www.sec.gov/litigation/litreleases/2008/lr20584.htm SEC charges Brooks Automation, Inc. with violations in stock options backdating scheme. LR-20584 Mon, 19 May 2008 12:20:14 EDT http://www.sec.gov/litigation/litreleases/2008/lr20582.htm Preliminary injunction entered in $25 million dollar fraud action in Orange County. LR-20582 Fri, 16 May 2008 11:13:00 EDT http://www.sec.gov/litigation/litreleases/2008/lr20581.htm SEC Obtains Emergency Asset Freeze of More Than $2.1 Million and Charges Italian Resident With Insider Trading LR-20581 Fri, 16 May 2008 10:24:33 EDT http://www.sec.gov/litigation/litreleases/2008/lr20580.htm Federal court orders Jamie L. Solow to pay over $6 million in disgorgement and penalties for violating the antifraud provisions and aiding and abetting violations of various broker-dealer net capital, books and records, and reporting provisions of the federal securities laws. LR-20580 Thu, 15 May 2008 13:57:51 EDT http://www.sec.gov/litigation/litreleases/2008/lr20579.htm Court permanently enjoins San Marcos, Texas resident Richard Riner and his company Southwest Income Marketing, Inc. LR-20579 Thu, 15 May 2008 13:36:05 EDT http://www.sec.gov/litigation/litreleases/2008/lr20578.htm Court permanently enjoins Meridian, Idaho resident John E. Tencza and his company American Elder Group, L.L.C. LR-20578 Thu, 15 May 2008 13:36:05 EDT http://www.sec.gov/litigation/litreleases/2008/lr20577.htm SEC settles civil injunctive action against Nathan Rosenblatt. LR-20577 Thu, 15 May 2008 13:16:34 EDT http://www.sec.gov/litigation/litreleases/2008/lr20576.htm SEC Brings Emergency Action Against Guy W. Gane, Jr., Lorenzo Altadonna and Certain Affiliated Entities to Halt Ongoing Fraud LR-20576 Thu, 15 May 2008 11:16:44 EDT http://www.sec.gov/litigation/litreleases/2008/lr20575.htm SEC charges promoters of a multi-million dollar real estate scheme targeting the African-American community. LR-20575 Wed, 14 May 2008 15:49:29 EDT http://www.sec.gov/litigation/litreleases/2008/lr20574.htm SEC Charges Four Current and Former Broadcom Officers for Backdating Options LR-20574 Wed, 14 May 2008 15:00:45 EDT http://www.sec.gov/litigation/litreleases/2008/lr20571.htm SEC files settled FCPA action against Willbros Group, Inc. and several former employees. LR-20571 Wed, 14 May 2008 14:40:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20573.htm The Securities and Exchange Commission announced today that on May 9, 2008, the United States Attorney's Office for the Northern District of Illinois filed a 14-count criminal information against Michael E. Kelly ("Kelly"), a former South Bend, Indiana businessman that the Commission previously charged with securities fraud in a civil action filed in September 2007. LR-20573 Wed, 14 May 2008 12:40:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20572.htm Federal court grants summary judgment, orders stock promoter Kerry Kennedy to pay more than $2 million in disgorgement and penalties for violations of the anti-fraud, anti-touting and registration provisions of the federal securities laws. LR-20572 Wed, 14 May 2008 12:40:39 EDT http://www.sec.gov/litigation/litreleases/2008/lr20570.htm Court Enters Permanent Injunction and Penny Stock Bar Against Jeffrey Hayden in Market Manipulation Case LR-20570 Tue, 13 May 2008 14:50:58 EDT http://www.sec.gov/litigation/litreleases/2008/lr20569.htm SEC Recovers Over $ 1.2 Million in Settled Insider Trading Action Relating to Royal Ahold - U.S. Foodservice Merger LR-20569 Tue, 13 May 2008 14:50:58 EDT http://www.sec.gov/litigation/litreleases/2008/lr20568.htm SEC Settles Fraud Action Against Former U.S. Foodservice Vice President Brian Spears LR-20568 Tue, 13 May 2008 14:12:07 EDT http://www.sec.gov/litigation/litreleases/2008/lr20567.htm Thomas J. Gerbasio and Beacon Rock Capital sentenced in criminal action charging deceptive market timing. LR-20567 Mon, 12 May 2008 16:34:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20566.htm Former aaiPharma inc. executive David Hurley agrees to pay $50,000 civil penalty in settlement of SEC litigation. LR-20566 Mon, 12 May 2008 16:34:21 EDT http://www.sec.gov/litigation/litreleases/2008/lr20565.htm Former hedge fund manager and investment adviser settle SEC insider trading charges. LR-20565 Mon, 12 May 2008 12:36:52 EDT http://www.sec.gov/litigation/litreleases/2008/lr20564.htm The Securities and Exchange Commission filed a civil action today in the United States District Court for the Southern District of Florida against Dr. Zachariah P. Zachariah (Zachariah), Dr. Mammen P. Zachariah (M. Zachariah), and Dr. Sheldon Nassberg, alleging that they engaged in illegal insider trading from which they reaped a total of more than a half-million dollars in profits from their illicit scheme. All three defendants reside and practice medicine in the Ft. Lauderdale, Florida area. LR-20564 Mon, 12 May 2008 11:46:45 EDT http://www.sec.gov/litigation/litreleases/2008/lr20563.htm The Securities and Exchange Commission announced that on May 5, 2008, the Honorable Judge Paul V. Gadola of the United Stated District Court for the Eastern District of Michigan issued an Asset Freeze Order against Gregory N. McKnight (McKnight) and Legisi Holdings, LLC (Legisi Holdings) as defendants, and against Legisi Marketing, Inc. (Legisi Marketing), Lido Consulting, LLC (Lido Consulting), Healthy Body Nutraceuticals (HBN), and Lindenwood Enterprises, LLC (Lindenwood) as relief defendants. LR-20563 Thu, 8 May 2008 17:34:30 EDT http://www.sec.gov/litigation/litreleases/2008/lr20562.htm The Securities and Exchange Commission ("Commission") announced that on May 5, 2008, the Honorable George W. Lindberg of the United States District Court for the Northern District of Illinois issued an agreed order appointing Robert P. Handler as receiver for Defendant Hyatt Johnson Capital, LLC ("HJ Capital"). This order empowers the receiver, to, among other things, take control of HJ Capital's operations and marshal, recover, and preserve investor assets. Investor inquiries may be made to the receiver at (312) 428-4859 or hjcreceiver@com-rec.com. LR-20562 Thu, 8 May 2008 16:49:48 EDT http://www.sec.gov/litigation/litreleases/2008/lr20561.htm SEC files settled action against Quogue Capital LLC and Wayne P. Rothbaum. LR-20561 Thu, 8 May 2008 13:41:51 EDT http://www.sec.gov/litigation/litreleases/2008/lr20560.htm SEC Charges Marvell Technology Group for Stock Option Backdating LR-20560 Thu, 8 May 2008 13:05:25 EDT http://www.sec.gov/litigation/litreleases/2008/lr20559.htm SEC Charges Marvell Technology Group for Stock Option Backdating LR-20559 Thu, 8 May 2008 12:40:33 EDT http://www.sec.gov/litigation/litreleases/2008/lr20558.htm Final judgments entered against chief executive officers of three medical technology companies, the companies' lawyer and the companies' stock promoter. LR-20558 Wed, 7 May 2008 17:40:44 EDT http://www.sec.gov/litigation/litreleases/2008/lr20557.htm SEC stops multi-million dollar Ponzi scheme. LR-20557 Wed, 7 May 2008 16:20:16 EDT http://www.sec.gov/litigation/litreleases/2008/lr20556.htm Former Executives Of ITXC Corp. Settle Foreign Bribery Charges LR-20556 Tue, 6 May 2008 14:32:54 EDT http://www.sec.gov/litigation/litreleases/2008/lr20555.htm The Securities and Exchange Commission announced today that on May 1, 2008, the Honorable Willis B. Hunt, United States District Judge for the Northern District of Georgia, entered a Final Judgment as to Defendant Stinger Systems, Inc. LR-20555 Mon, 5 May 2008 17:22:07 EDT http://www.sec.gov/litigation/litreleases/2008/lr20554.htm SEC obtains asset freeze, halts san diego hedge fund fraud. LR-20554 Mon, 5 May 2008 12:38:10 EDT http://www.sec.gov/litigation/litreleases/2008/lr20553.htm The Securities and Exchange Commission ("Commission") announced that on May 1, 2008, the Honorable John R. Tunheim of the United States District Court for the District of Minnesota ordered that Sherwin P. Brown ("Brown"), Jamerica Financial, Inc. ("Jamerica") be held in contempt of court for violating the terms of the Agreed Order of Preliminary Injunction and Asset Freeze. Judge Tunheim's ruling affirmed the February 14, 2008 recommendation of Magistrate Judge Franklin L. Noel who ruled that Brown and Jamerica be held in contempt by failing to provide the Commission with financial records and other records relating to the customer accounts of Jamerica. Judge Tunheim ordered that Brown and Jamerica immediately make all their books and records available to the Commission for inspection. LR-20553 Fri, 2 May 2008 17:33:57 EDT http://www.sec.gov/litigation/litreleases/2008/lr20552.htm SEC Halts Multimillion Dollar Fraud by Orange County Company LR-20552 Fri, 2 May 2008 15:53:03 EDT http://www.sec.gov/litigation/litreleases/2008/lr20551.htm Former Broker-Dealer and Compliance Officer Fined for Violating Securities Exchange Act Provision Designed to Prevent Use of Material Nonpublic Information LR-20551 Thu, 1 May 2008 17:06:14 EDT http://www.sec.gov/litigation/litreleases/2008/lr20550.htm SEC charges Florida company and three former officers for accounting fraud and unregistered stock sales. LR-20550 Thu, 1 May 2008 16:14:11 EDT http://www.sec.gov/litigation/litreleases/2008/lr20549.htm The Securities and Exchange Commission announced today that it obtained a final judgment against Harry H. Yim on April 23, 2008. Yim had consented to the judgment as part of a settlement of the insider trading charges the Commission had brought against him in October 2007. Under the settlement, Yim will be permanently enjoined from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Additionally, Yim will disgorge his ill-gotten gains of $79,581, plus $6,124.84 in prejudgment interest, and pay a civil penalty equal to disgorgement of $79,581. Yim agreed to the settlement without admitting or denying the allegations in the complaint. LR-20549 Thu, 1 May 2008 16:14:11 EDT http://www.sec.gov/litigation/litreleases/2008/lr20548.htm SEC Fines Bay Area Telecom Company Executives For False Financial Filings LR-20548 Thu, 1 May 2008 14:37:37 EDT http://www.sec.gov/litigation/litreleases/2008/lr20547.htm SEC Charges McCann-Erickson Worldwide, Inc., Interpublic Group of Companies and Two Former Executives; Defendants Agree to Settle; McCann Agrees to Pay $12 Million Penalty LR-20547 Thu, 1 May 2008 10:47:34 EDT