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Re: Zephyr post# 2861

Friday, 09/12/2008 8:43:28 PM

Friday, September 12, 2008 8:43:28 PM

Post# of 3246
The complaint charges Grossman and Curshen with violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. The Commission seeks permanent injunctive relief, disgorgement of ill-gotten gains, if any, plus pre-judgment interest, civil penalties, and an order prohibiting Defendants from participating in any offering of penny stock. [SEC v. Bruce Grossman and Jonathan Curshen, Civil Action No. 08 Civ. 7893 (PGG) (S.D.N.Y.)] (LR-20712)

As of yet, Has anyone have any proof that IBC had any knowledge of this?