Monday, April 18, 2022 10:12:36 PM
obviously these scums laugh their ass off at the SEC.
Without admitting or denying the allegations of the complaint, Fassari consented to entry of the judgment. The judgment, entered on August 25, 2021 by the U.S. District Court for the Central District of California, enjoins Fassari from violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Section 17(a) of the Securities Act of 1933; and orders him to pay disgorgement of $457,110 with prejudgment interest of $8,007, as well as a civil penalty in the amount of $195,047. Fassari also agreed to entry of a penny stock bar with the terms to be determined by the court at a later date.
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