I wonder how the shareholders....
are going to be awarded and distributed this bonanza of $102,725.56 ?
"The final judgment permanently enjoins Cowsert from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder; prohibits Cowsert from acting as an officer or director of any public company; bars Cowsert from participating in an offering of penny stock; orders that he is liable for disgorgement of $91,000, representing ill-gotten gains, plus prejudgment interest of $11,725.56, for a total of $102,725.56; and imposes a civil monetary penalty of $191,000."
It will be interesting to see if someone slithers out of the shadows to try and recoup these funds from the SEC...for the shareholders of course...not for themselves personally. Never that.
