Monthly Archives: September 2012

SEC Charges Jonathan Bryant, Thomas Kelly, Carl Duncan and 8000, Inc. In Market Manipulation Scam

SEC v. 8000, Inc., Jonathan E. Bryant, Thomas J. Kelly, and Carl N. Duncan, Esq., Case No. 12-CV-7261 (S.D.N.Y.).  On September 27, 2012, the SEC announced charges against 8000, Inc., Jonathan E. Bryant, Thomas J. Kelly, and Carl N. Duncan, … Continue reading

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SEC Settles Pay-to-Play Case Against Goldman Sachs and Neil Morrison for $7 million

In the Matter of Goldman, Sachs & Co., Admin. Proc. No. 3-15048; In the Matter of Neil Morrison, Admin Proc. No. 3-15049.  On September 27, 2012, the SEC announced charges against Goldman, Sachs & Co. and its former investment banker … Continue reading

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SEC Files Fraud Charges Against Bank Executives For Misstating Losses

SEC v. Gilbert G. Lundstrom et al., Case No. 8:12-cv-00343 (D. Neb.); SEC v. Don A. Langford, Case No. 8:12-cv-00344 (D. Neb.).  On September 25, 2012, the SEC announced fraud charges against Gilbert Lundstrom, who was CEO and chairman of … Continue reading

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SEC Charges Four Individuals In $1.7 Million Investment Scam

SEC v. Rudolf D. Pameijer, et al., Case No. 1:12-CV-01364 (S.D. In.).  On September 24, 2012, the SEC announced fraud charges against Rudolf D. Pameijer, Lindsay R. Sayer, Ryan W. Koester and his entity Rykoworks Capital Group, LLC.  Koester claimed to be an … Continue reading

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SEC Charges Registered Representative David Rothman Stealing Investor Funds

SEC v. David L. Rothman, Case No. 12-cv-5412-BMS (E.D. Pa.).  On September 24, 2012, the SEC announced fraud charges against David Rothman, a registered representative and minority owner of Rothman Securities, Inc., a broker-dealer registered with the SEC.  For several years Rothman provided … Continue reading

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Tyco International, Ltd. To Pay $26 Million to Settle Foreign Corrupt Practices Act Violations

SEC v. Tyco, International Ltd., Case No. 1:12-cv-01583 (D.D.C.).  On September 24, 2012, the SEC announced the filing of a settled FCPA case against Tyco.  In 2006, the SEC filed a settled FCPA action against Tyco in which the company … Continue reading

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SEC Charges Rondald Wheet and Revolutions Medical Corp. For False Statements About The Company’s Medical Safety Syringe

SEC v. Revolutions Medical Corp. and Rondald L. Wheet, Case No. 1:12-cv-03298-TCB (N.D. Ga.).  On September 21, 2012, the SEC announced charges against Revolutions Medical Corp. (“Revolutions Medical”) and its CEO, Rondald L. Wheet (“Wheet”).  The case concerns Revolutions Medical’s … Continue reading

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SEC Charges Repeat Offender Edward Tackaberry With Acting as an Unregistered Broker-Dealer

SEC v. Edward Tackaberry, Case No. 6:12-Civ-06512 (W.D.N.Y.).  On September 21, 2012, the SEC announced charges against Edward Tackaberry.  Tackaberry acted as a broker-dealer by discussing investments with investors, negotiating their investments and documenting the deals.  At the time Tackaberry was soliciting … Continue reading

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SEC Charges Hedge Fund Manager Yusaf Jawed in $37 Million Ponzi Scheme

SEC v. Yusaf Jawed, Grifphon Asset Management, LLC, et al; Case No. 12-1696 (D. Ore.); SEC v. Jacques Nichols, Case No. 12-1698 (D. Ore.); SEC v. Lyman Bruhn, et al., Case No. 12-1697 (D. Ore.).  On September 21, 2012, the SEC … Continue reading

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U.S. Indicts Former Sunwest Assisted-living Center CEO Jon Harder on Fraud Charges

When I was trial counsel with the SEC, I led the fraud case against Sunwest and its CEO Jon Harder.  Three-and-one-half years later, the U.S. Attorney has obtained a 56-count indictment against Harder alleging he defrauded more than 1,000 investors out … Continue reading

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