http://www.sec.gov/litigation/litreleases-test.shtml The latest litigation releases from the Securities and Exchange Commission en-us Fri, 8 Jan 2010 00:00:00 EST Fri, 19 Mar 2010 11:58:07 EDT http://www.sec.gov/litigation/litreleases/2010/lr21456.htm Final Judgments Entered Against Certified Public Accountants Stephen P. Corso and Brian K. Rabinovitz in Market Manipulation and Financial Fraud Case LR-21456 Fri, 19 Mar 2010 11:43:23 EDT http://www.sec.gov/litigation/litreleases/2010/61558.htm LR-21455 Fri, 19 Mar 2010 11:05:51 EDT http://www.sec.gov/litigation/litreleases/2010/lr21454.htm Civil Action No. 1:10-cv-00448 (D.D.C.) LR-21454 Thu, 18 Mar 2010 12:19:50 EDT http://www.sec.gov/litigation/litreleases/2010/lr21453.htm PROMOTER JONATHAN CURSHEN ORDERED TO PAY PRE-JUDGMENT INTEREST AND A CIVIL PENALTY LR-21453 Tue, 16 Mar 2010 11:40:46 EDT http://www.sec.gov/litigation/litreleases/2010/lr21452.htm SEC OBTAINS ORDER FREEZING ASSETS OF RUSSIAN INDIVIDUAL AND ENTITY SUSPECTED OF CONDUCTING ACCOUNT INTRUSION SCHEME LR-21452 Tue, 16 Mar 2010 11:22:03 EDT http://www.sec.gov/litigation/litreleases/2010/lr21451.htm SEC Charges infoGROUP's Former CEO, CFOs, and Audit Committee Chair with Fraud LR-21451 Mon, 15 Mar 2010 15:54:22 EDT http://www.sec.gov/litigation/litreleases/2010/lr21450.htm SEC CHARGES INVESTMENT ADVISER WITH FRAUD LR-21450 Mon, 15 Mar 2010 12:08:09 EDT http://www.sec.gov/litigation/litreleases/2010/lr21449.htm Judgments Entered Against Two Penny Stock Promoters in Fraudulent Touting Case LR-21449 Thu, 11 Mar 2010 17:00:10 EST http://www.sec.gov/litigation/litreleases/2010/lr21448.htm Permanent Injunction, Order of Disgorgement and Penalty Entered Against California Sales Agent in Connection With $45 Million Ponzi-Like Scheme LR-21448 Thu, 11 Mar 2010 10:33:47 EST http://www.sec.gov/litigation/litreleases/2010/lr21447.htm SEC Charges Richard Verdiramo, Attorney Vincent L. Verdiramo, Recidivist Edward Meyer, Jr., and Victoria Chen for their Roles in a Fraudulent Share Issuance Scheme LR-21447 Wed, 10 Mar 2010 17:12:15 EST http://www.sec.gov/litigation/litreleases/2010/lr21446.htm SEC Charges Broker With Defrauding Institutional Customer of Over $3.3 Million LR-21446 Wed, 10 Mar 2010 14:52:05 EST http://www.sec.gov/litigation/litreleases/2010/lr21445.htm SEC Halts $20 Million Ponzi Scheme Preying On Retirees Attending Estate Planning Seminars LR-21445 Wed, 10 Mar 2010 13:44:53 EST http://www.sec.gov/litigation/litreleases/2010/lr21444.htm SEC Settles Civil Fraud Injunctive Action Against Former McKesson Corporation Attorney LR-21444 Wed, 10 Mar 2010 11:52:44 EST http://www.sec.gov/litigation/litreleases/2010/lr21443.htm SEC Files Regulation FD Charges Against Presstek, Inc. and Its Former CEO LR-21443 Tue, 9 Mar 2010 14:32:11 EST http://www.sec.gov/litigation/litreleases/2010/lr21442.htm SEC Charges Former Stock Loan Trader In Cash Kickback Scheme LR-21442 Tue, 9 Mar 2010 13:32:43 EST http://www.sec.gov/litigation/litreleases/2010/lr21441.htm Jury Finds Darko S. Mrakuzic Guilty in Connection with a Pump-and-Dump Scheme LR-21441 Mon, 8 Mar 2010 16:44:34 EST http://www.sec.gov/litigation/litreleases/2010/lr21440.htm LR-21440 Fri, 5 Mar 2010 14:16:12 EST http://www.sec.gov/litigation/litreleases/2010/lr21439.htm LR-21439 Fri, 5 Mar 2010 14:07:49 EST http://www.sec.gov/litigation/litreleases/2010/lr21438.htm Former CEO Of Kmart Ordered to Pay Over $10 Million LR-21438 Fri, 5 Mar 2010 10:33:13 EST http://www.sec.gov/litigation/litreleases/2010/lr21437.htm SEC CHARGES MASSACHUSETTS-BASED OPERATORS OF REAL ESTATE INVESTMENT FRAUD LR-21437 Thu, 4 Mar 2010 17:12:24 EST http://www.sec.gov/litigation/litreleases/2010/lr21436.htm SEC OBTAINS ASSET FREEZE AND TEMPORARY RESTRAINING ORDER AGAINST ALAN TODD MAY AND PROSPER OIL AND GAS, INC. LR-21436 Thu, 4 Mar 2010 17:02:09 EST http://www.sec.gov/litigation/litreleases/2010/lr21435.htm SEC ANNOUNCES SETTLEMENT WITH INDIVIDUAL CHARGED WITH AIDING AND ABETTING FINANCIAL FRAUD AT U.S. FOODSERVICE LR-21435 Thu, 4 Mar 2010 13:40:42 EST http://www.sec.gov/litigation/litreleases/2010/lr21434.htm SEC Charges Former North American Technologies Group, Inc.’s CEO, Rodney E. Wallace, with Misappropriating Over $538,000 LR-21434 Thu, 4 Mar 2010 13:18:28 EST http://www.sec.gov/litigation/litreleases/2010/lr21433.htm SEC Charges Nationally Known Psychic in Multi-Million Dollar Offering Fraud LR-21433 Thu, 4 Mar 2010 12:04:55 EST http://www.sec.gov/litigation/litreleases/2010/lr21432.htm SEC HALTS $14.7 MILLION PONZI SCHEME TARGETING RETIRED BUS DRIVERS LR-21432 Thu, 4 Mar 2010 10:10:29 EST http://www.sec.gov/litigation/litreleases/2010/lr21431.htm LR-21431 Thu, 4 Mar 2010 08:43:49 EST http://www.sec.gov/litigation/litreleases/2010/lr21430.htm SEC Charges Gaston and Teresita Cantens with Operating a $135 Million Ponzi Scheme and Affinity Fraud Targeting Cuban-Americans LR-21430 Wed, 3 Mar 2010 12:24:47 EST http://www.sec.gov/litigation/litreleases/2010/lr21429.htm The Securities and Exchange Commission ("Commission") announced today that the Honorable Orinda D. Evans, United States District Judge for the Northern District of Georgia, entered final judgment on February 17, 2010 (with a later amendment thereto) against defendant Ross Owen Haugen ("Haugen") of Minneapolis, Minnesota. LR-21429 Wed, 3 Mar 2010 12:00:50 EST http://www.sec.gov/litigation/litreleases/2010/lr21428.htm SEC SUES VERINT FOR IMPROPER ACCOUNTING PRACTICES AND INSTITUTES EXCHANGE ACT SECTION 12(j) ADMINISTRATIVE PROCEEDINGS LR-21428 Wed, 3 Mar 2010 11:03:14 EST http://www.sec.gov/litigation/litreleases/2010/lr21427.htm LR-21427 Tue, 2 Mar 2010 11:54:07 EST http://www.sec.gov/litigation/litreleases/2010/lr21426.htm LR-21426 Thu, 25 Feb 2010 17:35:07 EST http://www.sec.gov/litigation/litreleases/2010/lr21425.htm SEC FILES SETTLED INSIDER TRADING CHARGES AGAINST FORMER DELOITTE TAX PROFESSIONAL AND THREE OTHERS LR-21425 Thu, 25 Feb 2010 15:36:09 EST http://www.sec.gov/litigation/litreleases/2010/lr21424.htm LR-21424 Thu, 25 Feb 2010 14:52:30 EST http://www.sec.gov/litigation/litreleases/2010/lr21423.htm SEC Obtains Final Judgments Against 12 Defendants in Penny Stock Scheme LR-21423 Tue, 23 Feb 2010 17:35:03 EST http://www.sec.gov/litigation/litreleases/2010/lr21422.htm LR-21422 Tue, 23 Feb 2010 13:27:19 EST http://www.sec.gov/litigation/litreleases/2010/lr21421.htm COURT ORDERS DEFAULT JUDGMENT AGAINST KAY SERVICES IN PONZI SCHEME. LR-21421 Mon, 22 Feb 2010 14:25:50 EST http://www.sec.gov/litigation/litreleases/2010/lr21420.htm SEC Files Subpoena Enforcement Action Against Staten Island Resident Christian Gallo LR-21420 Mon, 22 Feb 2010 14:20:14 EST http://www.sec.gov/litigation/litreleases/2010/lr21419.htm Court Enters Summary Judgment against Insider Trading Defendants Shane Bashir Suman and Monie Rahman LR-21419 Mon, 22 Feb 2010 14:15:43 EST http://www.sec.gov/litigation/litreleases/2010/lr21418.htm LR-21418 Fri, 19 Feb 2010 17:38:00 EST http://www.sec.gov/litigation/litreleases/2010/lr21417.htm LR-21417 Fri, 19 Feb 2010 11:25:18 EST http://www.sec.gov/litigation/litreleases/2010/lr21416.htm SEC Charges Greenstone Holdings, Inc., the Company's Chief Executive Officer, Two Attorneys, and Four Stock Promoters with Pump and Dump LR-21416 Thu, 18 Feb 2010 16:29:08 EST http://www.sec.gov/litigation/litreleases/2010/lr21415.htm LR-21415 Tue, 16 Feb 2010 17:12:46 EST http://www.sec.gov/litigation/litreleases/2010/lr21414.htm The Securities and Exchange Commission announced that on February 11, 2010, the SEC filed securities fraud charges against Gerald D. Horn ("Horn"), a resident of Deerfield, Illinois, for his illegal insider trading in the securities of LCA Visions, Inc. ("LCA") that resulted in total illicit gains of approximately $1.4 million. LR-21414 Tue, 16 Feb 2010 14:38:36 EST http://www.sec.gov/litigation/litreleases/2010/lr21413.htm Court Grants Summary Judgment and Enters Final Judgments Against Defendants Raymond C. Dabney, Richard A. Dabney, Charles J. Smith, and Philip M. Young LR-21413 Tue, 16 Feb 2010 13:10:30 EST http://www.sec.gov/litigation/litreleases/2010/lr21412.htm LR-21412 Fri, 12 Feb 2010 14:16:20 EST http://www.sec.gov/litigation/litreleases/2010/lr21411.htm LR-21411 Fri, 12 Feb 2010 14:05:58 EST http://www.sec.gov/litigation/litreleases/2010/lr21410.htm LR-21410 Fri, 5 Feb 2010 08:32:04 EST http://www.sec.gov/litigation/litreleases/2010/lr21409.htm LR-21409 Fri, 5 Feb 2010 08:27:10 EST http://www.sec.gov/litigation/litreleases/2010/lr21408.htm On February 1, 2010, the United States Securities and Exchange Commission sued Stephen Czarnik, a securities lawyer, for his role in multi-million dollar pump-and-dump stock schemes. According to the complaint, the actions of Czarnik allowed three stock promoters — Ryan Reynolds, Jason Wynn and Carlton Fleming — to purchase millions of shares of stock in three penny stock companies for pennies per share, hype the companies through promotional mailers and other advertising, and illicitly sell their shares to the public for millions of dollars in profits. The Commission alleges that because the shares were not registered, Reynolds, Wynn and Fleming were able to deprive the investing public of important information about the actual financial condition and business operations of the companies. LR-21408 Thu, 4 Feb 2010 12:17:05 EST http://www.sec.gov/litigation/litreleases/2010/lr21407.htm The Securities and Exchange Commission today filed a motion seeking court approval of a proposed settlement whereby Bank of America will pay $150 million and strengthen its corporate governance and disclosure practices to settle SEC charges that the company failed to properly disclose employee bonuses and financial losses at Merrill Lynch before shareholders approved the merger of the companies in December 2008. LR-21407 Thu, 4 Feb 2010 10:53:39 EST