QSGI, Inc.(fka QSGI)

[jaxstraw]

Sherman gets 5 year officer/director bar.

IV.
In view of the foregoing, the Commission deems it appropriate to impose the sanctions agreed to in Respondent Sherman’s Offer.
Accordingly, it is hereby ORDERED, effective immediately, that:
A. Respondent shall cease and desist from committing or causing any violations and any future violations of Sections 10(b), 13(b)(2)(A), 13(b)(2)(B) and 13(b)(5) of the Exchange Act and Rules 10b-5, 13a-14, 13b2-1 and 13b2-2 promulgated thereunder.
B. Respondent is prohibited for a period of five (5) years from the date of the Order from acting as an officer or director of any issuer that has a class of securities registered pursuant to Section 12 of the Exchange Act, or that is required to file reports pursuant to Section 15(d) of the Exchange Act.

http://webcache.googleusercontent.com/search?q=cache:xOYbEaa1OvIJ:https://www.sec.gov/litigation/admin/2015/34-74765.pdf+&cd=2&hl=en&ct=clnk&gl=us