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Here is an update posted on the SEC website back on Sep 30, 2016:
https://www.sec.gov/spotlight/microcap/complaint-kahlon-2019-09-30.pdf
Basically, the court ruled in favor of the SEC.
Now what?
Companies received DTC chills or suspension because unregistered shares that were not exempt from registration were illegally sold to the public. Resolution of the SEC lawsuit against TJ Management will not reverse those restrictions.
Companies can appeal directly to the DTCC (parent of the DTC) for restrictions to be lifted but having willingly participated in what turned out to be illegal Rule 504 financings will not help their case.
So what is next in this law suite and when could we assume that it is over and the damaged companies resume DTCC services?
Thanks in advance
So what is this supposed to mean? That idiot Yossef needs to do us all a favor and settle.
08/18/2014 51 RESPONSE to Motion re 43 MOTION for Summary Judgment filed by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Appendix Appendix In Support of Defendants' Response to Plaintiff's Motion for Summary Judgment, # 2 Appendix APP 1 - Declaration of Yossef Kahlon, # 3 Appendix APP 18 - SEC v. Luna, # 4 Appendix APP 35 - SEC v. Reynolds, # 5 Appendix APP 77 - SEC v. SEC Chicago v. ConnectaJet, # 6 Appendix APP 119 - SEC v. Paloma, # 7 Appendix APP 145 - SEC v. Seven Palm, # 8 Appendix APP 167 - SEC v. Czarnik, # 9 Appendix APP 191 - In re: Kramer, # 10 Appendix APP 195 - Opening Statement of Richard Breeden (7.29.92), # 11 Appendix APP 209 - Excerpts of Release 33-6924, # 12 Appendix APP 211 - Excerpts of Release 33-6949, # 13 Appendix APP 213 - Excerpts of Mark Duncan Depo (2.6.14), # 14 Appendix APP 219 - Excerpts of Jason Young Depo (2.20.14), # 15 Appendix APP 223 - Excerpts of Noel Dalzell Depo (2.12.14), # 16 Appendix APP 228 - EJ Hawkins - No Action Letter)(Coale, David) (Entered: 08/18/2014)
Doc 51 PDF file
http://www.scribd.com/doc/237984560/SEC-v-Kahlon-Et-Al-Doc-51-Filed-18-Aug-14
Document Number: 51 22 pages 182 kb
Attachment Description
1 Appendix Appendix In Support of Defendants' Response to Plaintiff's Mo 3 pages 11 kb
2 Appendix APP 1 - Declaration of Yossef Kahlon 17 pages 0.6 mb
3 Appendix APP 18 - SEC v. Luna 17 pages 0.6 mb
4 Appendix APP 35 - SEC v. Reynolds 42 pages 2.3 mb
5 Appendix APP 77 - SEC v. SEC Chicago v. ConnectaJet 42 pages 9.7 mb
6 Appendix APP 119 - SEC v. Paloma 26 pages 1.7 mb
7 Appendix APP 145 - SEC v. Seven Palm 22 pages 0.6 mb
8 Appendix APP 167 - SEC v. Czarnik 23 pages 6.0 mb
9 Appendix APP 191 - In re: Kramer 5 pages 0.5 mb
10 Appendix APP 195 - Opening Statement of Richard Breeden (7.29.92) 14 pages 1.4 mb
11 Appendix APP 209 - Excerpts of Release 33-6924 2 pages 490 kb
12 Appendix APP 211 - Excerpts of Release 33-6949 2 pages 0.5 mb
13 Appendix APP 213 - Excerpts of Mark Duncan Depo (2.6.14) 6 pages 0.6 mb
14 Appendix APP 219 - Excerpts of Jason Young Depo (2.20.14) 4 pages 0.5 mb
15 Appendix APP 223 - Excerpts of Noel Dalzell Depo (2.12.14) 5 pages 0.5 mb
16 Appendix APP 228 - EJ Hawkins - No Action Letter 11 pages 0.6 mb
08/18/2014 50 RESPONSE to Motion re 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44) filed by Yossef Kahlon, TJ Management Group, LLC. (Coale, David) (Entered: 08/18/2014)
Doc 50 PDF file
http://www.scribd.com/doc/237984356/SEC-v-Kahlon-Et-Al-Doc-50-Filed-18-Aug-14
Pacer update 18 Aug 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
08/18/2014 51 RESPONSE to Motion re 43 MOTION for Summary Judgment filed by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Appendix Appendix In Support of Defendants' Response to Plaintiff's Motion for Summary Judgment, # 2 Appendix APP 1 - Declaration of Yossef Kahlon, # 3 Appendix APP 18 - SEC v. Luna, # 4 Appendix APP 35 - SEC v. Reynolds, # 5 Appendix APP 77 - SEC v. SEC Chicago v. ConnectaJet, # 6 Appendix APP 119 - SEC v. Paloma, # 7 Appendix APP 145 - SEC v. Seven Palm, # 8 Appendix APP 167 - SEC v. Czarnik, # 9 Appendix APP 191 - In re: Kramer, # 10 Appendix APP 195 - Opening Statement of Richard Breeden (7.29.92), # 11 Appendix APP 209 - Excerpts of Release 33-6924, # 12 Appendix APP 211 - Excerpts of Release 33-6949, # 13 Appendix APP 213 - Excerpts of Mark Duncan Depo (2.6.14), # 14 Appendix APP 219 - Excerpts of Jason Young Depo (2.20.14), # 15 Appendix APP 223 - Excerpts of Noel Dalzell Depo (2.12.14), # 16 Appendix APP 228 - EJ Hawkins - No Action Letter)(Coale, David) (Entered: 08/18/2014)
08/18/2014 50 RESPONSE to Motion re 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44) filed by Yossef Kahlon, TJ Management Group, LLC. (Coale, David) (Entered: 08/18/2014)
08/18/2014 49 RESPONSE in Opposition re 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44) filed by U.S. Securities and Exchange Commission. (Leiman, Timothy) (Entered: 08/18/2014)
07/31/2014 48 FOURTH AMENDED SCHEDULING ORDER: Final Pretrial Conference and Trial Scheduling set for 11/3/2014 Judge Richard A. Schell. The case shall proceed to a Settlement Conference on 9/3/2014 before U.S. Magistrate Judge Don D. Bush. Amended Pleadings due by 12/13/2013. Fact Discovery due by 2/24/2014., Expert Witness List due by 2/21/2014 for Plaintiff and by 2/28/2014 for Defendant. Joinder of Parties due by 11/25/2013. Joint Proposed Jury instructions and Verdict Form due by 10/20/2014. Motions to Transfer, Motions to Remand, Motions to Dismiss, Motions for Summary Judgment, or other dispositive motions shall be filed by 7/21/2014. Joint Final Pretrial Order due by 10/20/2014. Motions in Limine shall be filed by 10/6/2014. GRANTING 47 Agreed MOTION for Extension of Time to File MOTION for Extension of Time to File Response/Reply as to 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44), 43 MOTION for Summary Judgment filed by U.S. Securities and Exchange Commission. Signed by Judge Richard A. Schell on 7/31/2014. (baf, ) (Entered: 07/31/2014)
07/29/2014 47 Agreed MOTION for Extension of Time to File , MOTION for Extension of Time to File Response/Reply as to 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44), 43 MOTION for Summary Judgment by U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order Proposed Order)(Polish, Jonathan) (Entered: 07/29/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Any futher update available?
TIA
Thanks a lot. Does anyone hae a clue what that means for the companie which are chilled from DDTCC because of that law suite?
I´m not familiar with such issues.
TIA
Pacer update 22 Jul 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
07/22/2014 46 MOTION for Summary Judgment (corrected per deficiency notice - Doc. 44) by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Appendix Appendix Cover, # 2 Appendix App. 1 - Declaration of Yossef Kahlon, # 3 Appendix App. 5 - Deposition of Mark Duncan, # 4 Appendix App. 15 - Deposition of Noel Dalzell, # 5 Appendix App. 26 - Deposition of Jason Young, # 6 Appendix App. 38 - 7 Tx. Admin Code 109.4(b)(1), # 7 Appendix App. 40 - 7 Tx Admin Code 107.2, # 8 Appendix App. 45 - 17 CFR 230.504, # 9 Appendix App. 48 - 17 CFR 230.501, # 10 Appendix App. 52 - Unregistered Offerings and Unregistered Brokers-Dealers, # 11 Appendix App. 55 - Limited and Private Offering Exemptions Under Tx Securities Law, # 12 Appendix App. 58 - 17 CFR 230.502, # 13 Text of Proposed Order (Proposed) Order Granting Defendants' Motion for Summary Judgment)(Coale, David) (Entered: 07/22/2014)
07/22/2014 ***FILED IN ERROR BY ATTORNEY - ATTORNEY TO REFILE. Document # 45, MOTION FOR SUMMARY JUDGMENT. PLEASE IGNORE.***
(baf, ) (Entered: 07/22/2014)
07/22/2014 45 ***PLEASE DISREGARD - FILED IN ERROR BY ATTORNEY - ATTORNEY TO REIFLE***
MOTION for Summary Judgment (corrected per deficieny notice - Doc. 44) by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Appendix Appendix Cover, # 2 Appendix App. 1 - Declaration of Yossef Kahlon, # 3 Appendix App. 5 - Deposition of Mark Duncan, # 4 Appendix App. 15 - Deposition of Noel Dalzell, # 5 Appendix App. 26 - Deposition of Jason Young, # 6 Appendix App. 38 - 7 Tx. Admin Code 109.4(b)(1), # 7 Appendix App. 40 - 7 Tx Admin Code 107.2, # 8 Appendix App. 45 - 17 CFR 230.504, # 9 Appendix App. 48 - 17 CFR 230.501, # 10 Appendix App. 52 - Unregistered Offerings and Unregistered Brokers-Dealers, # 11 Appendix App. 55 - Limited and Private Offering Exemptions Under Tx Securities Law, # 12 Appendix App. 58 - 17 CFR 230.502, # 13 Text of Proposed Order Proposed Order Granting Defendants' Motion for Summary Judgment)(Coale, David) Modified on 7/22/2014 (baf, ). (Entered: 07/22/2014)
07/22/2014 NOTICE of Deficiency regarding the MOTION FOR SUMMARY JUDGMENT submitted DOCUMENT 44 - THE APPENDIX IS WITHIN THE MAIN DOCUMENT, EACH EXHIBIT SHOULD BE A SEPARATE ATTACHMENT TO THE MAIN DOCUMENT AND NO PROPOSED ORDER ATTACHED. Correction should be made by ONE BUSINESS DAY (baf, ) (Entered: 07/22/2014)
07/21/2014 44 ***DEFICIENT DOCUMENT - ATTORNEY MUST REFILE***
MOTION for Summary Judgment by Yossef Kahlon, TJ Management Group, LLC. (Coale, David) Modified on 7/22/2014 (baf, ). (Entered: 07/21/2014)
07/21/2014 43 MOTION for Summary Judgment by U.S. Securities and Exchange Commission. (Attachments: # 1 Exhibit Ex. 1, Excerpts from 4/8/2014 Kahlon Deposition, # 2 Exhibit Ex. 2, Excerpts from 6/6/2013 Kahlon Deposition, # 3 Exhibit Ex. 3, Excerpts from 10/6/2010 Kahlon Investigative Testimony, # 4 Exhibit Ex. 4, Operating Agreement for TJ Management, # 5 Exhibit Ex. 5, TJ Management 2005 Application for Certificate of Authority, # 6 Exhibit Ex. 6, Presentation re Kahlon Property in Texas, # 7 Exhibit Ex. 7, Subscription Agreement Between My Vintage Baby and Jossef Kahlon, # 8 Exhibit Ex. 8, 7/21/2014 Declaration of Jean Javorski, # 9 Exhibit Ex. 8-A, Trade Schedules for Issuers, # 10 Exhibit Ex. 8-B, Example Term Sheet for Transaction in My Vintage Baby, # 11 Exhibit Ex. 8-C, Subscription Agreement Between My Vintage Baby and Jossef Kahlon, # 12 Exhibit Ex. 8-D, Example of Transfer Agent Record for Transactions in My Vintage Baby, # 13 Exhibit Ex. 8-E, TJ Management Brokerage Statement for June 2008, # 14 Exhibit Ex. 8-F, Trade Blotter for Transactions in My Vintage Baby, # 15 Exhibit Ex. 8-G, Prejudgment Interest Calculations, # 16 Exhibit Ex. 9, Stock Snapshots from Businessweek.com, # 17 Text of Proposed Order Proposed Final Judgment)(Leiman, Timothy) (Entered: 07/21/2014)
07/16/2014 42 ORDER - NOTICE OF SETTLEMENT CONFERENCE - Settlement Conference set for 9/3/2014 at 9:30 AM in Ctrm 108 (Plano) - Bush before Magistrate Judge Don D. Bush. Signed by Magistrate Judge Don D. Bush on 7/16/2014. (baf, ) (Entered: 07/16/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Thanks. Any further update available?
TIA
Pacer update 12 Jun 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
06/12/2014 41 ORDER REFERRING CASE TO SETTLEMENT CONFERENCE - The court hereby ORDERS the parties to attend a settlement conference with United STates Magistrate Judge Don D. Bush presiding. The parties shall be responsible for communicating with Judge Bush to corrdinate a date for the settlement conference. Signed by Judge Richard A. Schell on 6/12/2014. (baf, ) (Entered: 06/12/2014)
05/23/2014 40 ORDER GRANTING 39 Joint MOTION to Amend/Correct Deadline for Filing Dispositive Motions filed by U.S. Securities and Exchange Commission, TJ Management Group, LLC, Yossef Kahlon. Mediation Completion due by 8/25/2014. Dispositive Motions due by 7/21/2014. Signed by Judge Richard A. Schell on 5/23/2014. (baf, ) (Entered: 05/23/2014)
05/21/2014 39 Joint MOTION to Amend/Correct Deadline for Filing Dispositive Motions by Yossef Kahlon, TJ Management Group, LLC, U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order)(Leiman, Timothy) (Attachment 1 replaced on 5/23/2014) (baf, ). (Entered: 05/21/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Pacer update 21 Apr 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
04/21/2014 38 ORDER GRANTING 37 Agreed MOTION Modify Scheduling Order filed by U.S. Securities and Exchange Commission, TJ Management Group, LLC, Yossef Kahlon. Mediation Completion due by 6/27/2014. Dispositive Motions due by 5/23/2014. Signed by Judge Richard A. Schell on 4/21/2014. (baf, ) (Entered: 04/21/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Pacer update 16 Apr 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
04/16/2014 37 Agreed MOTION Modify Scheduling Order by Yossef Kahlon, TJ Management Group, LLC, U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order Order Granting Agreed Motion to Modify Scheduling Order)(Coale, David) (Entered: 04/16/2014)
04/04/2014 36 NOTICE by Yossef Kahlon, TJ Management Group, LLC Report on Mediator Selection (Coale, David) (Entered: 04/04/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Pacer update 28 Mar14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
03/28/2014 35 ORDER GRANTING 24 Motion to Withdraw as Attorney. Attorney Toby M Galloway terminated. Signed by Judge Richard A. Schell on 3/28/2014. (baf, ) (Entered: 03/28/2014)
03/28/2014 34 ORDER GRANTING 29 Motion to Substitute Attorney. Added attorney Jeffrey Mark Tillotson and David S. Coale for Yossef Kahlon and TJ Management Group, LLC. Attorney Norman H Heller terminated. Signed by Judge Richard A. Schell on 3/28/2014. (baf, ) (Entered: 03/28/2014)
03/28/2014 33 ORDER GRANTING 20 Motion to Withdraw as Attorney. Attorney Lori V Jacobs terminated. Signed by Judge Richard A. Schell on 3/28/2014. (baf, ) (Entered: 03/28/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
A DTCC Chill was put onto the stock symbols (e.g. SKGO) because of that law suite against Kahlon. Does anyone know if the chill is cancled once the law suite is over and the affected securities get money from Kahlon for the harm he did with it´s illegal selling?
Any opinio would be appreciated.
TIA
Pacer update 21 Jan 14 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
01/21/2014 32 THIRD AMENDED SCHEDULING ORDER: Final Pretrial Conference and Trial Scheduling set for 8/4/2014. Amended Pleadings due by 12/13/2013. Fact Discovery shall be commenced in time to be completed by 2/24/2014. Expert Witness List due by 2/21/2014 for plaintiff and by 2/28/2014 for defendant. Joinder of Parties due by 11/25/2013. Joint Proposed Jury instructions and Verdict Form due by 7/21/2014. Mediation Completion due by 5/23/2014. Designation of Mediator due by 4/4/2014. Motions to Transfer, Motions to Remand, Motions to Dismiss, Motions for Summary Judgment, or other dispositive motions shall be filed by 4/21/2014. Joint Final Pretrial Order due by 7/21/2014. Motions in Limine shall be filed by 7/7/2014. GRANTING 31 Agreed MOTION to Amend/Correct Resume Action and Amend Scheduling Order filed by U.S. Securities and Exchange Commission, TJ Management Group, LLC, Yossef Kahlon. Signed by Judge Richard A. Schell on 1/21/2014. (baf, ) (Entered: 01/21/2014)
01/17/2014 31 Agreed MOTION to Amend/Correct Resume Action and Amend Scheduling Order by Yossef Kahlon, TJ Management Group, LLC, U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order Third Amended Scheduling Order)(Coale, David) (Attachment 1 replaced on 1/21/2014) (baf, ). (Entered: 01/17/2014)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Pacer update 10 Oct 13 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
10/10/2013 Per General Order 13-19 all civil actions pending in the Eastern District of Texas wherein the United States or an agency, corporation, officer or employee of the United States is a party are STAYED. All such cases are stayed until such time as an appropriations bill or a continuing resolution is enacted restoring funding to the Department of Justice. (tlh, ) (Entered: 10/10/2013)
10/09/2013 Per General Order 13-19, all civil actions pending in the Eastern District of Texas wherein the United States or an agency, corporation, officer or employee of the United States is a party are STAYED. All such cases are stayed until such time as an appropriations bill or a continuing resolution is enacted restoring funding to the Department of Justice. (jec) (Entered: 10/10/2013)
09/03/2013 30 SECOND AMENDED SCHEDULING ORDER: Final Pretrial Conference and Trial Scheduling set for 4/7/2014. Amended Pleadings due by 12/13/2013. Fact Discovery due by 10/25/2013. Expert Witness List due by 10/25/2013 for plaintiff and by 9/10/2013 for defendant. Joinder of Parties due by 11/25/2013. Joint Proposed Jury instructions and Verdict Form due by 3/24/2014. Mediation Completion due by 1/24/2014. Designation of Mediator due by 12/6/2013. Motions to Transfer, Moitons to Remand, Motions to Dismiss, Motions for Summary Judgment, or other dispositive motions shall be filed by 12/23/2013. Joint Final Pretrial Order due by 3/24/2014. GRANTING 28 Second MOTION to Amend/Correct 26 Scheduling Order, Terminate Motions, Set Scheduling Order Deadlines, filed by TJ Management Group, LLC, Yossef Kahlon. Motions in Limine due 3/7/2014. Signed by Judge Richard A. Schell on 9/2/2013. (baf, ) (Entered: 09/03/2013)
08/19/2013 29 Unopposed MOTION to Substitute Attorney by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Text of Proposed Order)(Coale, David) (Attachment 1 replaced on 8/22/2013) (baf, ). (Entered: 08/19/2013)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
08/01/2013 28 Second MOTION to Amend/Correct 26 Scheduling Order, Terminate Motions, Set Scheduling Order Deadlines,,,,,,,,, by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Text of Proposed Order, # 2 Supplement, # 3 Affidavit)(Heller, Norman) (Attachment 1 replaced on 8/5/2013) (baf, ). (Entered: 08/01/2013)
Doc 28 PDF file
http://www.scribd.com/doc/158517709/SEC-v-Kahlon-Et-Al-Doc-28-Filed-01-Aug-13
Pacer update 01 Aug 13 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
08/01/2013 28 Second MOTION to Amend/Correct 26 Scheduling Order, Terminate Motions, Set Scheduling Order Deadlines,,,,,,,,, by Yossef Kahlon, TJ Management Group, LLC. (Attachments: # 1 Text of Proposed Order, # 2 Supplement, # 3 Affidavit)(Heller, Norman) (Attachment 1 replaced on 8/5/2013) (baf, ). (Entered: 08/01/2013)
08/01/2013 NOTICE of Deficiency regarding the MOTION TO AMEND SCHEDULING ORDER submitted DOCUMENT 27 - NO CERTIFICATE OF CONFERENCE AND NO PROPOSED ORDER. Correction should be made by ONE BUSINESS DAY (baf, ) (Entered: 08/01/2013)
07/31/2013 27 ***DEFICIENT DOCUMENT - ATTORNEY MUST REFILE***
Second MOTION to Amend/Correct 26 Scheduling Order, Terminate Motions, Set Scheduling Order Deadlines,,,,,,,,, by Yossef Kahlon, TJ Management Group, LLC. (Heller, Norman) Modified on 8/1/2013 (baf, ). (Entered: 07/31/2013)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Great, so we are looking at 2014 to find out what will happen.
Pacer update 10 Jan 13 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
07/08/2013 26 AMENDED SCHEDULING ORDER: Final Pretrial Conference and Trial Scheduling set for 1/6/2014. Amended Pleadings due by 10/15/2013. Fact Discovery shall be commenced in time to be completed by 8/26/2013. Expert Witness List due by 8/26/2013 for plaintiff and by 9/10/2013 for defendant. Joinder of Parties due by 9/24/2013. Joint Proposed Jury instructions and Verdict Form due by 12/4/2013. Mediation Completion due by 11/25/2013. Motions to Transfer, Motions to Remand, Motions to Dismiss, Motions for Summary Judgment or other dispositive motions, shall be filed by 10/23/2013. Joint Final Pretrial Order due by 12/4/2013. GRANTING 25 Joint MOTION for Extension of Time to Complete Discovery filed by U.S. Securities and Exchange Commission, TJ Management Group, LLC, Yossef Kahlon. Motions in Limine shall be filed by 12/4/2013. Signed by Judge Richard A. Schell on 7/8/2013. (baf, ) (Entered: 07/08/2013)
06/03/2013 25 Joint MOTION for Extension of Time to Complete Discovery by Yossef Kahlon, TJ Management Group, LLC, U.S. Securities and Exchange Commission. (Leiman, Timothy) (Additional attachment(s) added on 6/6/2013: # 1 Text of Proposed Order) (baf, ). (Entered: 06/03/2013)
05/30/2013 ***FILED IN ERROR - CERTIFICATE OF SERVICE ONLY. Document # 23, NOTICE. PLEASE IGNORE.***
(baf, ) (Entered: 05/30/2013)
05/30/2013 24 Unopposed MOTION to Withdraw as Attorney Substitute Counsel and Removal From Service List by U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order)(Galloway, Toby) (Entered: 05/30/2013)
05/30/2013 23 ***PLEASE DISREGARD - CERTIFICATE OF SERVICE ONLY***
NOTICE by Yossef Kahlon, TJ Management Group, LLC Deposition Subpoenas (Attachments: # 1 Supplement Subpoena, # 2 Supplement Subpoena, # 3 Supplement Subpoena, # 4 Supplement Subpoena)(Heller, Norman) Modified on 5/30/2013 (baf, ). (Entered: 05/30/2013)
05/21/2013 ***FILED IN ERROR. Document # 22, NOTICE. PLEASE IGNORE.***
(baf, ) (Entered: 05/21/2013)
05/21/2013 ***FILED IN ERROR. Document # 21, NOTICE. PLEASE IGNORE.***
(baf, ) (Entered: 05/21/2013)
05/21/2013 22 ***PLEASE DISREGARD - SUBPOENAS ARE NOT FILED OF RECORD IN OUR COURT***
NOTICE by Yossef Kahlon, TJ Management Group, LLC (Heller, Norman) Modified on 5/21/2013 (baf, ). (Entered: 05/21/2013)
05/21/2013 21 ***PLEASE DISREGARD - SUBPOENAS ARE NOT FILED OF RECORD IN OUR COURT***
NOTICE by Yossef Kahlon, TJ Management Group, LLC (Heller, Norman) Modified on 5/21/2013 (baf, ). (Entered: 05/21/2013)
04/24/2013 ***FILED IN ERROR - ATTORNEY REFILED AS DOCKET 20 . Document # 19, AMENDED MOTION TO WITHDRAW AS ATTORNEY. PLEASE IGNORE.***
(baf, ) (Entered: 04/24/2013)
04/23/2013 20 Amended MOTION to Withdraw as Attorney for Lori Jacobs by U.S. Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order Proposed Order)(Polish, Jonathan) (Entered: 04/23/2013)
04/23/2013 19 ***PLEASE DISREGARD - ATTORNEY REFILED AS DOCUMENT 20 ***
Amended MOTION to Withdraw as Attorney for Lori Jacobs by U.S. Securities and Exchange Commission. (Polish, Jonathan) Modified on 4/24/2013 (baf, ). (Entered: 04/23/2013)
04/19/2013 18 APPLICATION to Appear Pro Hac Vice by Attorney Jonathan Stephen Polish for U.S. Securities and Exchange Commission. (APPROVED) (bsw, ) (Entered: 04/22/2013)
04/02/2013 NOTICE of Deficiency regarding the MOTION FOR LEAVE FOR LORI JACOBS TO WITHDRAW APPEARANCE AS COUNSEL submitted DOCUMENT 17 - NO CERTIFICATE OF CONFERENCE AND NO PROPOSED ORDER. Correction should be made by ONE BUSINESS DAY (baf, ) (Entered: 04/02/2013)
04/02/2013 17 ***DEFICIENT DOCUMENT - ATTORNEY MUST REFILE***
MOTION to Withdraw as Attorney by U.S. Securities and Exchange Commission. (Jacobs, Lori) Modified on 4/2/2013 (baf, ). (Entered: 04/02/2013)
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
https://ecf.txed.uscourts.gov/cgi-bin/iquery.pl
08/14/2012 1 COMPLAINT against All Defendants, filed by U.S. Securities and Exchange Commission. (Attachments: # 1 Civil Cover Sheet)(Galloway, Toby) (Entered: 08/14/2012)
Doc 1 PDF file
http://www.sec.gov/litigation/complaints/2012/comp22452.pdf
Pacer update 10 Jan 13 - SEC v Kahlon et al CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. District Court [LIVE]
Eastern District of TEXAS (Sherman)
CIVIL DOCKET FOR CASE #: 4:12-cv-00517-RAS
U.S. Securities and Exchange Commission v. Kahlon et al
Assigned to: Judge Richard A. Schell
Cause: 15:77 Securities Fraud
Date Filed: 08/14/2012
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
U.S. Securities and Exchange Commission
represented by Toby M Galloway
U S Securities and Exchange Commission
801 Cherry St
19th Fl
Fort Worth, TX 76102
817/978-6447
Fax: 817/978-4927
Email: GallowayT@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
John E Birkenheier
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3947
Fax: 13123537398
Email: birkenheierj@sec.gov
ATTORNEY TO BE NOTICED
Lori V Jacobs
US Securities & Exchange Commission
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/886-3941
Fax: 13128868514
Email: JacobsL@sec.gov
PRO HAC VICE
ATTORNEY TO BE NOTICED
Timothy S Leiman
US Securities & Exchange Commission - Chicago
175 W Jackson Blvd
Suite 900
Chicago, IL 60604
312/353-5213
Fax: 13123537398
Email: leimant@sec.gov
ATTORNEY TO BE NOTICED
V.
Defendant
Yossef Kahlon
also known as
Jossef Kahlon
represented by Norman H Heller
The Heller Law Firm, PC
3000 Marcus Avenue - 3W4
Lake Success, NY 11042
516/441-5656
Fax: 516/441-5666
Email: norm@hellerlawpc.com
ATTORNEY TO BE NOTICED
Defendant
TJ Management Group, LLC
represented by Norman H Heller
(See above for address)
ATTORNEY TO BE NOTICED
Date Filed # Docket Text
01/10/2013 16 NOTICE of Discovery Disclosure by Yossef Kahlon, TJ Management Group, LLC Amended 1.10.2013 (Heller, Norman) (Entered: 01/10/2013)
12/17/2012 15 NOTICE of Discovery Disclosure by U.S. Securities and Exchange Commission (Jacobs, Lori) (Entered: 12/17/2012)
12/14/2012 14 NOTICE of Discovery Disclosure by Yossef Kahlon, TJ Management Group, LLC Amended Rule 26(a)(1) (Heller, Norman) (Entered: 12/14/2012)
12/14/2012 13 NOTICE of Discovery Disclosure by Yossef Kahlon, TJ Management Group, LLC Rule 26 (a) (1) (Heller, Norman) (Entered: 12/14/2012)
12/12/2012 12 SCHEDULING ORDER: Final Pretrial Conference and Trial Scheduling set for 11/4/2013. Amended Pleadings due by 8/12/2013. Fact Discovery shall be commenced in time to be completed by 6/26/2013. Expert Witness List due by 6/26/2013 for plaintiff and by 7/10/2013 for defendant. Joinder of Parties due by 7/24/2013. Jury instructions due by 10/4/2013 Mediation Completion due by 9/24/2013. Motions to Transfer, Motions to Remand, Motions to Dismiss, Motions for Summary Judgment, or other dispositive motions, shall be filed by 8/23/2013. Joint Final Order due by 10/4/2013. Motions in Limine shall be filed by 10/4/2013. Signed by Judge Richard A. Schell on 12/12/2012. (baf, ) (Entered: 12/12/2012)
12/10/2012 11 REPORT of Rule 26(f) Planning Meeting. (Attachments: # 1 Exhibit Proposed Order)(Jacobs, Lori) (Additional attachment(s) added on 12/11/2012: # 2 Text of Proposed Order) (baf, ). (Entered: 12/10/2012)
10/12/2012 10 ORDER TO CONDUCT RULE 26(f) CONFERENCE - The Court hereby directs the parties to confer as required by Fed.R.Civ.P.26(f) no later than 11/26/2012 and file a Rule 26 Meeting Joint Written Report no later than 12/10/2012. Signed by Judge Richard A. Schell on 10/12/2012. (baf, ) (Entered: 10/12/2012)
10/11/2012 In accordance with the provisions of 28 USC Section 636(c), you are hereby notified that a U.S. Magistrate Judge of this district court is available to conduct any or all proceedings in this case including a jury or non-jury trial and to order the entry of a final judgment. The form Consent to Proceed Before Magistrate Judge is available on our website. All signed consent forms, excluding pro se parties, should be filed electronically using the event Notice of Consent to Proceed Before Magistrate Judge. (baf, ) (Entered: 10/11/2012)
10/11/2012 9 ORIGINAL ANSWER to 1 Complaint by Yossef Kahlon, TJ Management Group, LLC.(Heller, Norman) (Entered: 10/11/2012)
10/03/2012 8 WAIVER OF SERVICE Returned Executed by U.S. Securities and Exchange Commission. TJ Management Group, LLC waiver sent on 8/29/2012, answer due 10/29/2012. (baf, ) (Entered: 10/03/2012)
09/06/2012 7 WAIVER OF SERVICE Returned Executed by U.S. Securities and Exchange Commission. Yossef Kahlon waiver sent on 8/29/2012, answer due 10/29/2012. (baf, ) (Entered: 09/11/2012)
08/28/2012 6 APPLICATION to Appear Pro Hac Vice by Attorney John E Birkenheier for U.S. Securities and Exchange Commission. (baf, ) (Entered: 08/28/2012)
08/27/2012 5 NOTICE of Attorney Appearance - Pro Hac Vice by Norman H Heller on behalf of All Defendants. Filing fee $ 100, receipt number 0540-3749749. (Heller, Norman) (Entered: 08/27/2012)
08/23/2012 4 APPLICATION to Appear Pro Hac Vice by Attorney Timothy S Leiman for U.S. Securities and Exchange Commission. (pad, ) (Entered: 08/24/2012)
08/16/2012 3 APPLICATION to Appear Pro Hac Vice for Lori Jacobs as to US Securities and Exchange Commission. (pad, ) (Entered: 08/17/2012)
08/14/2012 In accordance with the provisions of 28 USC Section 636(c), you are hereby notified that a U.S. Magistrate Judge of this district court is available to conduct any or all proceedings in this case including a jury or non-jury trial and to order the entry of a final judgment. The form Consent to Proceed Before Magistrate Judge is available on our website. All signed consent forms, excluding pro se parties, should be filed electronically using the event Notice of Consent to Proceed Before Magistrate Judge. (baf, ) (Entered: 08/14/2012)
08/14/2012 Case ASSIGNED to Judge Richard A. Schell. (baf, ) (Entered: 08/14/2012)
08/14/2012 2 NOTICE by U.S. Securities and Exchange Commission re 1 Complaint Certificate of Interested Parties (Galloway, Toby) (Entered: 08/14/2012)
08/14/2012 1 COMPLAINT against All Defendants, filed by U.S. Securities and Exchange Commission. (Attachments: # 1 Civil Cover Sheet)(Galloway, Toby) (Entered: 08/14/2012)
Thanks for this update. Now we (still) wait for the ruling on SEC vs. Kahlon.
UNITED STATES DISTRICT COURT ENTERS FINAL JUDGMENTS IN PENNY STOCK DISTRIBUTION SCHEME CHARGED BY THE SEC
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22592 / January 14, 2013
Securities and Exchange Commission v. Christel S. Scucci, et al., Civil Action No. 6:12-cv-646-RBD-KRS (M.D. Fla.)
UNITED STATES DISTRICT COURT ENTERS FINAL JUDGMENTS IN PENNY STOCK DISTRIBUTION SCHEME CHARGED BY THE SEC
The Securities and Exchange Commission (“Commission”) announced today that the Honorable Roy B. Dalton, Jr. of the United States District Court for the Middle District of Florida entered final judgments against each of the five defendants in this case: Christel S. Scucci (“Scucci”), her mother Karen S. Beach (“Beach”), their companies Protégé Enterprises, LLC (“Protégé”) and Capital Edge Enterprises, LLC (“Capital Edge”), and their attorney Cameron H. Linton, Esq. (“Linton”). The Commission’s complaint, filed on April 30, 2012, charged the defendants with a scheme to unlawfully acquire and sell shares of penny stock that were never registered for sale to the public, in violation of Section 5 of the Securities Act of 1933 (“Securities Act”).
The final judgments imposed the relief detailed below:
On September 14, 2012, the Court entered a final judgment by consent as to defendant Linton: (1) permanently enjoining him from violating Section 5 of the Securities Act, (2) permanently enjoining him from providing professional legal services to any person in connection with the offer or sale of securities pursuant to, or claiming, an exemption under Securities Act Rule 144, or any other exemption from the registration provisions of the Securities Act, including, without limitation, participating in the preparation of any opinion letter relating to such offerings, (3) permanently barring him from participating in an offering of penny stock, and (4) ordering him to pay $13,750, including disgorgement of $6,250, and a civil penalty of $7,500. Linton consented to the entry of the final judgment without admitting or denying the allegations of the complaint.
In addition, Linton agreed to the issuance of a Commission order, pursuant to Rule 102(e) of the Commission’s Rules of Practice, suspending him from appearing or practicing before the Commission as an attorney, based on the entry of the injunction from violations of Section 5 of the Securities Act. In the Matter of Cameron H. Linton, Esq., Exchange Act Release No. 67912, September 21, 2012.
On November 5, 2012, the Court entered final judgments by default as to defendants Beach, Capital Edge, and Protégé: (1) permanently enjoining them from violating Section 5 of the Securities Act, (2) permanently barring them from participating in an offering of penny stock, (3) ordering Beach and Capital Edge to pay, jointly and severally, disgorgement and prejudgment interest totaling $268,936.73, ordering each to pay a civil penalty of $30,000, and (4) ordering Protégé to pay disgorgement and prejudgment interest totaling $1,419,143.16, and a civil penalty of $52,500.
On November 8, 2012, the Court entered a final judgment as to defendant Scucci: (1) permanently enjoining her from violating Section 5 of the Securities Act; (2) permanently barring her from participating in an offering of penny stock, and (3) ordering her to pay, jointly and severally with Protégé, disgorgement and prejudgment interest totaling $1,419,143.16, and to pay a civil penalty of $52,500. Scucci consented to the injunction and penny stock bar without admitting or denying the allegations of the complaint.
For additional information, see Litigation Release No. 22352 (May 1, 2012)
http://www.sec.gov/litigation/litreleases/2013/lr22592.htm
11/08/2012 47 FINAL JUDGMENT in favor of Securities and Exchange Commission against Christel S. Scucci Signed by Judge Roy B. Dalton, Jr. on 11/8/2012. (VMF) (Entered: 11/08/2012)
Doc 47 PDF file
http://www.scribd.com/doc/113923185/SEC-v-Scucci-Et-Al-Doc-47-Filed-08-Nov-12
Pacer update 08 Nov 12 - SEC v Scucci et al CIVIL DOCKET FOR CASE #: 6:12-cv-00646-RBD-KRS
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
Date Filed # Docket Text
11/08/2012 47 FINAL JUDGMENT in favor of Securities and Exchange Commission against Christel S. Scucci Signed by Judge Roy B. Dalton, Jr. on 11/8/2012. (VMF) (Entered: 11/08/2012)
11/08/2012 46 AFFIDAVIT of Daniel H. Rubenstein (part 2) re: 42 First MOTION for Entry of Judgment under Rule 54(b) Against Christel S. Scucci Securities and Exchange Commission. (Guido, Kenneth) Modified on 11/9/2012 (LMM). (Entered: 11/08/2012)
11/08/2012 45 AFFIDAVIT of Daniel H. Rubenstein (part 1) re: 42 First MOTION for Entry of Judgment under Rule 54(b) Against Christel S. Scucci by Securities and Exchange Commission. (Guido, Kenneth) Modified on 11/9/2012 (LMM). (Entered: 11/08/2012)
11/08/2012 44 AFFIDAVIT of Wendy Kong re: 42 First MOTION for Entry of Judgment under Rule 54(b) Against Christel S. Scucci Filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 11/08/2012)
11/08/2012 43 MEMORANDUM in support re 42 Motion for Entry of Judgment under Rule 54(b) Against Christel S. Scucci filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 11/08/2012)
11/08/2012 42 First MOTION for Entry of Judgment under Rule 54(b) Against Christel S. Scucci by Securities and Exchange Commission. (Attachments: # 1 Text of Proposed Order)(Guido, Kenneth) (Entered: 11/08/2012)
11/07/2012 41 ORDER directing the Clerk to close this case. Signed by Judge Roy B. Dalton, Jr. on 11/7/2012. (VMF) (Entered: 11/07/2012)
11/05/2012 40 FINAL JUDGMENT in favor of Securities and Exchange Commission against Protege Enterprises, LLC Signed by Judge Roy B. Dalton, Jr. on 11/2/2012. (VMF) (Entered: 11/05/2012)
11/05/2012 39 FINAL JUDGMENT in favor of Securities and Exchange Commission against Capital Edge Enterprises, LLC Signed by Judge Roy B. Dalton, Jr. on 11/2/2012. (VMF) (Entered: 11/05/2012)
11/05/2012 38 FINAL JUDGMENT in favor of Securities and Exchange Commission against Karen S. Beach Signed by Judge Roy B. Dalton, Jr. on 11/2/2012. (VMF) (Entered: 11/05/2012)
Plaintiff
Securities and Exchange Commission
represented by Kenneth J. Guido
US Securities & Exchange Commission
100 F St NE
Mail Stop 4030
Washington, DC 20549-6030
202/551-4480
Fax: 202/772-9245
Email: guidok@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
V.
Defendant
Christel S. Scucci
represented by Christel S. Scucci
4386 Fox Hollow Circle
Casselberry, FL 32707
407-538-1412
PRO SE
Defendant
Karen S. Beach
Defendant
Cameron H. Linton
Esq.
represented by Brian K. Barry
Greenberg Traurig, LLP
Suite 100
625 E Twiggs St
Tampa, FL 33602-3925
305/982-6382
Email: barryb@gtlaw.com
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
Defendant
Protege Enterprises, LLC
Defendant
Capital Edge Enterprises, LLC
https://ecf.flmd.uscourts.gov/cgi-bin/iquery.pl
Thank you scion for all of the updates!
B. Admitted Facts
Scucci formed Protégé in January 2010, and Beach formed Capital Edge in May 2010.
Scucci and Beach were the sole managing members of their respective companies. Docket No. 1; Complaint, ¶ 31. Protégé describes itself as in the business of marketing consulting and investing. Id. ¶ 14. Capital Edge describes itself as in the business of marketing consulting. Id. ¶ 15.
Scucci and Beach caused Protégé and Capital Edge to enter into wrap around agreements involving several Penny Stock Issuers. Id. ¶ 31. Pursuant to the wrap around agreements, an officer, employee, or other person, usually closely associated with the Penny Stock Issuer (“Affiliate”), who was purportedly owed money by the Penny Stock Issuer for more than one year, assigned the right to collect from the Penny Stock Issuer to a new third party, here either Protégé or Capital Edge. Id. ¶ 32. In addition, the wrap around agreements purported to amend the initial debt agreements to authorize Protégé or Capital Edge to convert the Penny Stock Issuer’s debt into shares of the Penny Stock Issuer’s common stock at a deep discount (usually 50%) to the prevailing market price. Id. ¶ 33. Protégé and Capital Edge almost always elected to receive shares of the Penny Stock Issuer’s stock pursuant to the convertibility option in the wrap around agreement shortly after executing the agreement. Id. ¶ 34.
In order to obtain and sell the purportedly “free trading” shares, Scucci and Beach obtained attorney opinion letters from Defendant Cameron H. Linton, Esq. and other attorneys. Id. ¶¶ 1, 4, 36, 38-41, 51-52, 59, 65, 71, 77, 82. The opinion letters concluded that Protégé and Capital Edge could rely on the safe harbor of Securities Act Rule 144 [17 C.F.R. § 230.144] to claim that the newly-issued securities were exempt from the registration requirement of Section 5 of the Securities Act. Id. ¶¶ 38-40, 77, 82. The reasoning in the opinion letters was incorrect, and there was no legal basis for Protégé and Capital Edge to sell the stocks without registering them or complying with the requirements of Rule 144. Id. ¶¶ 4, 40, 54, 61, 67, 73, 79, 84.
Between March 2010 and April 2011, Protégé and Capital Edge acquired approximately 3.3 billion shares of purportedly unrestricted stock pursuant to conversions under the wrap around agreements. Id. ¶ 44. After receiving the purportedly unrestricted stock, Protégé and Capital Edge typically held the securities for only a few days or weeks before selling them into the public markets. Id. ¶ 45. To sell the securities, Protégé and Capital Edge used numerous securities brokerage accounts controlled by Scucci and Beach. Id. ¶ 45. Protégé and Capital Edge’s cumulative proceeds from their sales of the stock acquired under the wrap around agreements were more than $1.5 million. Id. ¶ 46.
1. Sales of Hall of Fame Beverages, Inc. Stock
During the period March 2010 through January 2011, Protégé and Capital Edge entered into six wrap around agreements involving Hall of Fame Beverages, Inc. (“Hall of Fame”). Id. ¶ 50. The wrap around agreements allowed Protégé and Capital Edge to acquire purportedly unrestricted Hall of Fame stock at a 50% discount to the prevailing market price. Id. ¶ 50. Upon signing the wrap around agreements, Protégé and Capital Edge obtained approximately 2.68 billion shares of Hall of Fame stock by converting approximately $915,000 of Hall of Fame debt into stock. Id. ¶ 50.
Protégé and Capital Edge sold the purportedly unrestricted stock into the market, generally within days or weeks of their issuance. Id. ¶ 53. Protégé’s proceeds from its sales of Hall of Fame stock were approximately $1.17 million, and Capital Edge’s proceeds were approximately $194,033. Id. ¶ 53. Protégé and Capital Edge’s sales of Hall of Fame stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 54-55.
2. Sales of Viper Networks, Inc. Stock
On approximately March 3, 2010, Protégé entered into a wrap around agreement involving Viper Networks, Inc. (“Viper Networks”). Id. ¶ 58. The wrap around agreement allowed Protégé to acquire purportedly unrestricted Viper Networks stock at a 50% discount to the prevailing market price. Id. ¶ 58. Immediately upon signing the wrap around agreement, Protégé converted $20,000 of the Viper Networks debt into approximately 3.2 million shares of stock. Id. ¶ 58.
Protégé sold the purportedly unrestricted stock into the market within approximately five months of its issuance. Id. ¶ 60. Its proceeds from its sales of Viper Networks stock were approximately $27,111. Id. ¶ 60. Protégé’s sales of Viper Networks stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 61-62.
3. Sales of Chromocure, Inc. Stock
On approximately March 9, 2010, Protégé entered into a wrap around agreement involving Chromocure, Inc. (“Chromocure”). Id. ¶ 64. The wrap around agreement allowed Protégé to acquire purportedly unrestricted stock at a 50% discount to the prevailing market price. Id. ¶ 64. Immediately upon signing the wrap around agreement, Protégé converted $50,000 of the Chromocure debt into approximately 500 million shares of stock. Id. ¶ 64.
Protégé sold the purportedly unrestricted stock into the market within weeks of its issuance. Id. ¶ 66. Its proceeds from its sales of Chromocure stock were approximately $79,295. Id. ¶ 66. Protégé’s sales of Chromocure stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 67-68.
4. Sales of Hybrid Energy Holdings, Inc. Stock
On approximately June 25, 2010, Protégé entered into a wrap around agreement involving Hybrid Energy Holdings, Inc. (“Hybrid Energy”). Id. ¶ 70. The wrap around agreement allowed Protégé to acquire purportedly unrestricted Hybrid Energy stock at a 50% discount to the prevailing market price. Id. ¶ 70. Immediately upon signing the wrap around agreement, Protégé converted $25,000 of the Hybrid Energy debt into approximately 2.5 million shares of stock. Id. ¶ 70.
Protégé sold the purportedly unrestricted stock into the market within approximately 60 days of its issuance. Id. ¶ 72. Protégé’s proceeds from its sales of Hybrid Energy stock were approximately $20,875. Id. ¶ 72. Protégé’s sales of Hybrid Energy stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 73-74.
5. Sales of Ingen Technologies, Inc. Stock
On approximately June 15, 2010, Capital Edge entered into a wrap around agreement involving Ingen Technologies, Inc. (“Ingen Technologies”). Id. ¶ 76. The wrap around agreement allowed Capital Edge to acquire purportedly unrestricted Ingen Technologies stock. Id. ¶ 76. Immediately upon signing the wrap around agreement, Capital Edge converted approximately $34,615 of the Ingen Technologies debt into approximately 192.3 million shares of stock. Id. ¶ 76.
Capital Edge sold the purportedly unrestricted stock into the market within 60 days of its issuance. Id. ¶ 78. The proceeds from Capital Edge’s sales of Ingen Technologies stock were approximately $45,133. Id. ¶ 78. Beach’s and Capital Edge’s sales of Ingen Technologies stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 79-80.
6. Sales of Undersea Recovery Corporation Stock
On approximately June 20, 2010, Capital Edge entered into a wrap around agreement involving Legal Access Technologies, Inc., the predecessor to Undersea Recovery Corporation (collectively, “Undersea Recovery”). Id. ¶ 81. The wrap around agreement allowed Capital Edge to acquire purportedly unrestricted Undersea Recovery stock. Id. ¶ 81. Within a day of signing the wrap around agreement, Capital Edge converted $10,000 of Undersea Recovery debt into approximately 9.5 million shares of stock. Id. ¶ 81.
Capital Edge sold a large portion of the purportedly unrestricted stock into the market within one year of its issuance. Id. ¶ 83. The proceeds from Capital Edge’s sales of Undersea Recovery stock were approximately $10,374. Id. ¶ 83. Beach and Capital Edge’s sales of Undersea Recovery stock were not registered and not exempt from the registration requirement and, therefore, violated Section 5 of the Securities Act. Id. ¶¶ 84-85.
C. Protégé, Capital Edge, and Beach Violated Section 5 of the Securities Act
Section 5(a) of the Securities Act prohibits the direct or indirect sale of securities through the mail or interstate commerce unless a registration statement has been filed and is in effect, and therefore, violated Section 5 of the Securities Act. Id. ¶¶ 84-85.
Extract -
Doc 37 PDF file
http://www.scribd.com/doc/110228800/SEC-v-Scucci-Et-Al-Doc-37-Filed-15-Oct-12
10/15/2012 37 MEMORANDUM in support re 35 Motion for default judgment Against Beach, Protoge, and Captial Edge filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 10/15/2012)
Doc 37 PDF file
http://www.scribd.com/doc/110228800/SEC-v-Scucci-Et-Al-Doc-37-Filed-15-Oct-12
10/15/2012 35 MOTION for default judgment of Permanent Injunction against Karen S. Beach, Capital Edge Enterprises, LLC, Protege Enterprises, LLC by Securities and Exchange Commission. (Attachments: # 1 Affidavit, # 2 Affidavit, # 3 Text of Proposed Order, # 4 Text of Proposed Order, # 5 Text of Proposed Order)(Guido, Kenneth) Motions referred to Magistrate Judge Karla R. Spaulding. Modified on 10/15/2012 (CH). (Entered: 10/15/2012)
Doc 35 PDF file
http://www.scribd.com/doc/110228453/SEC-v-Scucci-Et-Al-Doc-35-Filed-15-Oct-12
Document Number: 35 3 pages 17 kb
Attachment Description
1 Affidavit 71 pages 5.2 mb
2 Affidavit 2 pages 11 kb
3 Text of Proposed Order 4 pages 21 kb
4 Text of Proposed Order 4 pages 21 kb
5 Text of Proposed Order 4 pages 21 kb
09/14/2012 34 FINAL JUDGMENT in favor of Securities and Exchange Commission against Cameron H. Linton in the amount of $13,750.00 payable to SEC within 14 days from the date of this entry signed by Judge Roy B. Dalton Jr. on September 11, 2012. (AKJ) (Entered: 09/14/2012)
Doc 34 PDF file
http://www.scribd.com/doc/110228053/SEC-v-Scucci-Et-Al-Doc-34-Filed-14-Sep-12
09/14/2012 33 ORDER OF PERMANENT INJUNCTION against Defendant Christel S. Scucci Signed by Judge Roy B. Dalton, Jr. on 9/11/2012. (AKJ) (Entered: 09/14/2012)
Doc 33 PDF file
http://www.scribd.com/doc/110227704/SEC-v-Scucci-Et-Al-Doc-33-Filed-14-Sep-12
04/30/2012 1 COMPLAINT against All Defendants filed by Securities and Exchange Commission. (Attachments: # 1 Civil Cover Sheet)(PML) (Entered: 05/01/2012)
Doc 1 PDF file
https://www.sec.gov/litigation/complaints/2012/comp-pr2012-80.pdf
Pacer update 15 Oct 12 - SEC v Scucci et al CIVIL DOCKET FOR CASE #: 6:12-cv-00646-RBD-KRS
U.S. District Court
Middle District of Florida (Orlando)
CIVIL DOCKET FOR CASE #: 6:12-cv-00646-RBD-KRS
Securities and Exchange Commission v. Scucci et al
Assigned to: Judge Roy B. Dalton, Jr.
Referred to: Magistrate Judge Karla R. Spaulding
Cause: 15:0077 Securities Fraud
Date Filed: 04/30/2012
Jury Demand: None
Nature of Suit: 850 Securities/Commodities
Jurisdiction: U.S. Government Plaintiff
Plaintiff
Securities and Exchange Commission
represented by Kenneth J. Guido
US Securities & Exchange Commission
100 F St NE
Mail Stop 4030
Washington, DC 20549-6030
202/551-4480
Fax: 202/772-9245
Email: guidok@sec.gov
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
V.
Defendant
Christel S. Scucci
represented by Christel S. Scucci
4386 Fox Hollow Circle
Casselberry, FL 32707
407-538-1412
PRO SE
Defendant
Karen S. Beach
Defendant
Cameron H. Linton
Esq.
represented by Brian K. Barry
Greenberg Traurig, LLP
Suite 100
625 E Twiggs St
Tampa, FL 33602-3925
305/982-6382
Email: barryb@gtlaw.com
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
Defendant
Protege Enterprises, LLC
Defendant
Capital Edge Enterprises, LLC
Date Filed # Docket Text
10/15/2012 37 MEMORANDUM in support re 35 Motion for default judgment Against Beach, Protoge, and Captial Edge filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 10/15/2012)
10/15/2012 36 DUPLICATE of 35 Motion for default judgment filed by Securities and Exchange Commission; Memorandum filed at 37 . (Guido, Kenneth) Modified on 10/16/2012 (JET). (Entered: 10/15/2012)
10/15/2012 35 MOTION for default judgment of Permanent Injunction against Karen S. Beach, Capital Edge Enterprises, LLC, Protege Enterprises, LLC by Securities and Exchange Commission. (Attachments: # 1 Affidavit, # 2 Affidavit, # 3 Text of Proposed Order, # 4 Text of Proposed Order, # 5 Text of Proposed Order)(Guido, Kenneth) Motions referred to Magistrate Judge Karla R. Spaulding. Modified on 10/15/2012 (CH). (Entered: 10/15/2012)
09/14/2012 34 FINAL JUDGMENT in favor of Securities and Exchange Commission against Cameron H. Linton in the amount of $13,750.00 payable to SEC within 14 days from the date of this entry signed by Judge Roy B. Dalton Jr. on September 11, 2012. (AKJ) (Entered: 09/14/2012)
09/14/2012 33 ORDER OF PERMANENT INJUNCTION against Defendant Christel S. Scucci Signed by Judge Roy B. Dalton, Jr. on 9/11/2012. (AKJ) (Entered: 09/14/2012)
09/10/2012 32 ORDER granting 27 Motion for Entry of Judgment under Rule 54(b); granting 29 Motion for permanent injunction. Signed by Judge Roy B. Dalton, Jr. on 9/10/2012. (VMF) (Entered: 09/10/2012)
09/06/2012 31 [Proposed] Scucci Bifurcated Order by Securities and Exchange Commission. (Guido, Kenneth) *Modified text on 9/7/2012 (MAA). (Entered: 09/06/2012)
09/06/2012 30 MEMORANDUM in support re 29 Motion for permanent injunction Against Christel S. Scucci filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 09/06/2012)
09/06/2012 29 Second MOTION for permanent injunction Against Christel S. Scucci by Securities and Exchange Commission. (Attachments: # 1 Consent, # 2 Exhibit, # 3 Text of Proposed Order)(Guido, Kenneth) (Entered: 09/06/2012)
09/06/2012 28 MEMORANDUM in support re 27 Motion for Entry of Judgment under Rule 54(b) Against Cameron H. Linton filed by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 09/06/2012)
09/06/2012 27 First MOTION for Entry of Judgment under Rule 54(b) Against Cameron H. Linton by Securities and Exchange Commission. (Attachments: # 1 Conset, # 2 Exhibit, # 3 Text of Proposed Order)(Guido, Kenneth) (Entered: 09/06/2012)
08/20/2012 26 ENDORSED ORDER denying without prejudice 25 Motion to appoint counsel. A motion filed in this Court must be served on counsel for the opposing party. It must contain a certification that the filer has spoken with counsel for the opposing party in a good faith effort to resolve the issue before filing the motion. See M.D. Fla. Local Rule 3.01(g). Signed by Magistrate Judge Karla R. Spaulding on 8/20/2012. (Spaulding, Karla) (Entered: 08/20/2012)
08/17/2012 25 MOTION to appoint counsel by Christel S. Scucci. (MAL) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 08/17/2012)
08/14/2012 Set/reset deadlines/hearings for Christel S. Scucci: Answer due by 8/20/2012. (MAA) (Entered: 08/14/2012)
08/13/2012 24 ORDER directing Defendant Scucci to file a responsive pleading no later than August 20, 2012. Signed by Judge Roy B. Dalton, Jr. on 8/13/2012. (VMF) (Entered: 08/13/2012)
08/09/2012 23 CLERK'S ENTRY OF DEFAULT as to Karen S. Beach, Capital Edge Enterprises, LLC, and Protege Enterprises, LLC. (MAA) (Entered: 08/09/2012)
08/08/2012 22 RETURN of service executed (FILED AS EXHIBIT TO 19 ) on 5/1/12 by Securities and Exchange Commission as to Karen S. Beach. (MAA) (Entered: 08/09/2012)
08/08/2012 21 RETURN of service executed (FILED AS EXHIBIT TO 18 ) on 5/2/12 by Securities and Exchange Commission as to Capital Edge Enterprises, LLC. (MAA) (Entered: 08/09/2012)
08/08/2012 20 RETURN of service executed (FILED AS EXHIBIT TO 18 ) on 5/2/12 by Securities and Exchange Commission as to Protege Enterprises, LLC. (MAA) (Entered: 08/09/2012)
08/08/2012 19 MOTION for entry of clerk's default against Karen S. Beach by Securities and Exchange Commission. (Attachments: # 1 Affidavit, # 2 Affidavit, # 3 Exhibit)(Guido, Kenneth) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 08/08/2012)
08/08/2012 18 MOTION for entry of clerk's default against Capital Edge Enterprises, LLC, Protege Enterprises, LLC by Securities and Exchange Commission. (Attachments: # 1 Affidavit, # 2 Exhibit)(Guido, Kenneth) Motions referred to Magistrate Judge Karla R. Spaulding. (Entered: 08/08/2012)
07/19/2012 17 ORDER denying 16 Motion for permanent injunction. See Order for Details. Signed by Judge Roy B. Dalton, Jr. on 7/19/2012. (VMF) (Entered: 07/19/2012)
07/11/2012 16 MOTION for permanent injunction against Christel S. Scucci, Protege Enterprises, LLC, and Capital Edge Enterprises, LLC by Securities and Exchange Commission. (Attachments: # 1 Exhibit: Consent of Defendants Scucci, Protege Enterprises, LLC, and Capital Edge Enterprises, LLC, # 2 Text of Proposed Order)(Guido, Kenneth) Modified on 7/12/2012 (JET). (Entered: 07/11/2012)
07/10/2012 15 Remark: Document Number 11 has been reviewed. Signed by Judge Roy B. Dalton, Jr. on 7/10/2012. (RMN) (Entered: 07/10/2012)
06/12/2012 14 CASE STAYED AS TO DEFENDANT Cameron H. Linton, Esq. ONLY PER 12 . (MAA) (Entered: 06/13/2012)
06/12/2012 Set/reset deadlines/hearings for Christel S. Scucci: Answer due by 7/3/2012. (MAA) (Entered: 06/13/2012)
06/12/2012 Set/reset deadlines/hearings: Status Report due by 9/10/2012. (MAA) (Entered: 06/13/2012)
06/12/2012 13 ORDER Defendants Protg Enterprises, LLC and Capital Edge Enterprises,LLC shall obtain counsel and have counsel file a notice of appearanceon or before July 3, 2012. See order for details. Signed by Judge Roy B. Dalton, Jr. on 6/12/2012. (VMF) (Entered: 06/12/2012)
06/12/2012 12 ENDORSED ORDER granting 9 Unopposed Motion to Stay Action as to Mr. Linton. The parties are directed to notify the Court of the status of their settlement on or before Monday, September 10, 2012. The action will proceed as against all other Defendants. Signed by Judge Roy B. Dalton, Jr. on 6/12/2012. (HH) (Entered: 06/12/2012)
06/12/2012 11 CERTIFICATE of interested persons and corporate disclosure statement re 8 Interested persons order by Securities and Exchange Commission. (Guido, Kenneth) (Entered: 06/12/2012)
06/12/2012 10 NOTICE of pendency of related cases re 7 Related case order and notice of designation of track 2 per Local Rule 1.04(d) by Securities and Exchange Commission. Related case(s): no (Guido, Kenneth) (Entered: 06/12/2012)
06/11/2012 9 Unopposed MOTION to stay Action as to Mr. Linton re 1 Complaint, 5 Order on motion for extension of time to answer by Cameron H. Linton. (Barry, Brian) (Entered: 06/11/2012)
05/29/2012 8 INTERESTED PERSONS ORDER. Certificate of interested persons and corporate disclosure statement due by 6/12/2012. (copies mailoed/emailed) Signed by Deputy Clerk on 5/29/2012. (VMF) (Entered: 05/29/2012)
05/29/2012 7 RELATED CASE ORDER AND NOTICE of designation under Local Rule 3.05 - track 2. Notice of pendency of other actions due by 6/12/2012. Signed by Deputy Clerk on 5/29/2012. (copies mailed/emailed) (Attachments: # 1 Attachment, # 2 Attachment, # 3 Attachment)(VMF) (Entered: 05/29/2012)
05/21/2012 6 STRICKEN PER 13 - ANSWER to 1 Complaint FILED by PRO-SE FILER, Christel S. Scucci.(CH) *Modified text on 6/13/2012 (MAA). (Entered: 05/22/2012)
05/21/2012 5 ORDER granting 4 Motion for extension of time to answer or respond; re 1 Complaint. Cameron H. Linton answer due 6/12/2012. Signed by Magistrate Judge Karla R. Spaulding on 5/21/2012. (LAK) (Entered: 05/21/2012)
05/21/2012 4 Unopposed MOTION for 20-day extension of time to file answer or otherwise plead re 1 Complaint by Cameron H. Linton. (Barry, Brian) Motions referred to Magistrate Judge Karla R. Spaulding. Modified on 5/22/2012 (JET). (Entered: 05/21/2012)
05/15/2012 3 NOTICE of Appearance by Brian K. Barry on behalf of Cameron H. Linton (Barry, Brian) (Entered: 05/15/2012)
04/30/2012 2 Summons issued as to All Defendants. (PML) (Entered: 05/01/2012)
04/30/2012 1 COMPLAINT against All Defendants filed by Securities and Exchange Commission. (Attachments: # 1 Civil Cover Sheet)(PML) (Entered: 05/01/2012)
OK, I see what you mean. VIPR is not involved in the unrelated Cameron Linton SEC lawsuit, but it is still one of the clients named in the SEC lawsuit against TJ Management, which is the primary topic of this forum.
I'm sorry for the error. TJM client KKUR, however, was also involved in the Linton lawsuit. The other company involved was Viper Networks (VPER), which is not a known TJM client.
I was referring to the two additional links you provided in post #30. You listed KKUR, VIPR. VIPR is not found in those links. It gives the reader the impression that the listed litigation involves VIPR.
http://www.sec.gov/litigation/litreleases/2012/lr22352.htm
https://www.sec.gov/litigation/complaints/2012/comp-pr2012-80.pdf
That's incorrect. The SEC named VIPR Industries, Inc. (VIPR) in the complaint against TJ Management:
http://dtcc.com/downloads/legal/imp_notices/2012/dtc/ope/1222-12.pdf
VPER (Viper Networks) is involved in this, not VIPR.
KKUR, VIPR: SEC CHARGES ATTORNEY AND CLIENTS IN SCHEME TO UNLAWFULLY SELL BILLIONS OF PENNY-STOCK SHARES
On April 30, 2012, the Securities and Exchange Commission charged a mother-and-daughter pair and their attorney with a scheme to unlawfully acquire and sell billions of shares of penny stock that were never registered for sale to the public.
The SEC charged Florida attorney Cameron H. Linton, Esq., his clients, Christel S. Scucci and her mother Karen S. Beach, and their companies, Protégé Enterprises, LLC, and Capital Edge Enterprises, LLC with a scheme to unlawfully sell large quantities of stock in violation of Section 5 of the Securities Act of 1933, which generally requires that securities transactions be registered with the SEC, unless exempt.
Litigation Release No. 22352 / May 1, 2012
SEC v. Christel S. Scucci, et al., Case No. 6:12-646-ORL-37-KRS (M.D. Fla.)
http://www.sec.gov/litigation/litreleases/2012/lr22352.htm
SEC Complaint
https://www.sec.gov/litigation/complaints/2012/comp-pr2012-80.pdf
Thank you, I updated the iBox. EDWY was also a client of Fairhills Capital (E-Lionheart), which is facing similar charges.
http://investorshub.advfn.com/Clients-of-Fairhills-Capital-25493/
THNX for this info! i hold and got ripped by ATNP AND BEHL. i don't know if any ill-will will ever come scammers like this, tho.
i think they plan this and the $$ STOLEN out weighs the pitfalls od fines and being barred.
i mean, WOW! $7.7 million!
i've read that Chris Debutt of ATNP was fined $300k and can't have a public company. he could prob. get around that tho.
thnx again and gla.
eDoorways ( EDWY ) can be added to the list
On March 24, 2011, the company elected to offer for sale to TJ Management Group LLC
277,777,777 shares of its common stock as part of a private offering being made without
registration of the shares under the Securities Act of 1933, as amended, and was made only
to “accredited investors” pursuant to Regulation D, Rule 504 and Sections 7309(b)(8) of the
Delaware Securities Act, and Section 510(a)(1) of Part E under the rules and regulations
pursuant to the Delaware Securities Act.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=55273
"Chilled" August 19, 2011
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/a7268.pdf
Registrar and Transfer Agent:
ClearTrust LLC.
Office: 7961 Hunting Bow Circle
Suite 102, Lutz, Fl, 33558
Email: inbox@cleartrusttransfer.com
General Counsel:
Ray & Associates
2600 Westheimer Ste 112
Houston, Texas 77056
T: 713.627.7111
F: 713.627.7110
Email: arneray@aol.com
SEC Counsel:
M.M. Membrado PLLC
115 East 57th Street, 11th Floor
New York, New York 10022
T: 917.647.6934
Email: mmm@mmmembrado.com
Auditors:
De Leon & Company, P.A.
Certified Public Accountants
and Consultants
510 N.W. 159th Lane
Pembroke Pines Fl, 33028
T: 954.445.6478
F: 954.438.6481
Email: jdlcpa@bellsouth.net
Public Relations/Investor Relations:
Heritage Corporate Services, Inc.
3040 Canterbury Drive
Boca Raton, FL 33434
T: 561.210.5675
F: 561.470.1982
Email: jeffrey@hertigaecorporateservices.com
eDoorways International
CEO – Gary F. Kimmons
COO – Lance Kimmons
EVP - Richard Henderson
EVP - Ron Meredeith
CFO - Chris Mitchell
CTO – Robert Wesson
VP New Media Technology- Alison Savitch
VP Business Affairs – Mike Torchia
VP Intelligent Healthcare Division – Precious Mayes
Business Development Consultant - Peter Strople
Business Development Consultant - Scott Kurtilla
Lead Financial Advisor - Charles Gregoire de Rothschild
Board Member – Ramiro Jordan, Ph.D
Secretary – Kathryn Kimmons
SEC suspensions: ZMGD (Client of TJ Management)
Also: AERN, MIKP, SAVW (Clients of Fairhills Capital) as well as ALTO, BZRT, FXPT, GPLS, GTGP, KMAG, MBST, SRPX, SDRG, SMNG, SGLN, TWWI
SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf
The Commission temporarily suspended trading in the securities of the above-listed issuers because of questions regarding the adequacy and accuracy of information about the companies, including their assets, business operations, current financial condition and/or issuances of shares in company stock.
Unfortunately, I don't. I would guess that many different IR firms were involved.
TICKER | COMPANY | TRANSFER AGENT | ATTORNEYS | IRP | CEO/OFFICERS | OTHER PP | STATUS |
ATIG | Atlantis Internet Group Corp. | VStock Transfer | Barnett & Linn | CP Baker Securities | Donald Bailey | DTC Global Lock | |
BEHL | Biocentric Energy Holdings, Inc. | Securities Transfer Corp. | William F. Doran | Michael Burton | DTC Global Lock | ||
EDWY | eDoorways International Corp. | ClearTrust | Abel L. Pierre. Arne M. Ray, Gersten Savage | Heritage Corporate Services | Gary F. Kimmons | Fairhillls Capital Magna Group Hanover Holdings | Non DTC-eligilible/ T4T |
GLCC | Good Life China Corporation | Heritage Transfer Agency | Bradley E. Essman | Zhidong He | DTC Global Lock | ||
HTDS | Hard to Treat Diseases, Inc. | Heritage Transfer Agency | Magna Biz Consultants | Terry Yuan | DTC Global Lock | ||
HSCO | Hi Score Corp. | Signature Stock Transfer | Sommer & Schneider | Michael Zoyes | DTC Global Lock | ||
KKUR | ChromoCure, Inc. | Continental Stock Transter & Trust | Cameron H. Linton | Anthony K. Welch David Smith | SEC Suspension DTC Global Lock | ||
LCRE | Lecere Corporation | Corporate Stock Transfer | Ryan Alexander | James Morris | Fairhills Capital | DTC Global Lock | |
LDSR | Landstar, Inc. | Manhattan Transfer Registrar | Bradley E. Essman | Magna Biz Consultants | Li Congtang | DTC Global Lock | |
NWTT | NW Tech Capital, Inc. | Transfer OnLine | Magna Biz Consultants | Rafaella Bernar | |||
RMDM | RMD Entertainment Group | Transfer OnLine | Bradley E. Essman | Magna Biz Consultants | Wynn Wang | DTC Global Lock | |
SKGO | Skybridge Technology Group | Transfer OnLine | Bradley E. Essman | Magna Biz Consultants | Yang Yu Fang | DTC Global Lock | |
VIPR | VIPR Industries, Inc. | Signature Stock Transfer | Alex & Gaxiola | Agoracom | JC Barbek | DTC Global Lock | |
ZMGD | Zamage Digital Art Imaging, Inc. | Pacific Stock Transfer | Magna Biz Consultants | Sasa Vasijevic | SEC Suspension |
The Commission announced today that on Aug. 14, 2012, it sued Jossef Kahlon, a/k/a/ Yossef Kahlon and TJ Management Group, LLC, of New York, New York, for selling the stock of several penny stock issuers into the public market in violation of the registration provisions of the federal securities laws.
According to the complaint, Kahlon and TJ Management Group, LLC abused and misused a federal securities law to buy hundreds of millions of shares of stock at steep discounts and to quickly resell all of the shares to the public at market rates, generating at least $7.7 million in profit. The SEC alleges that this conduct deprived investors of important business information to which they were legally entitled for at least the following issuers: My Vintage Baby, Inc., Lecere, Corporation, Landstar, Inc., Hard to Treat Disease, Inc., Good Life China Corporation, VIPR Industries, Inc., ChromoCure, Inc., Atlantis Internet Group Corp, Biocentric Energy Holdings, Inc., Skybridge Technology Group, Inc., and RMD Entertainment Group, Inc.
The SEC alleges that, by these activities, Kahlon and TJ Management Group, LLC violated Section 5 of the Securities Act of 1933. The Commission is seeking permanent injunctions, civil penalties, penny stock bars and disgorgement of ill-gotten gains.
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