News Focus
News Focus
icon url

Stock

05/23/07 8:26 AM

#1151 RE: Stock #1150

634 May 21, 2007 Lawrence A. Campbell
Brenda P. Murray,
Chief Administrative Law Judge
File No. 3-12633

http://www.sec.gov/litigation/aljdec/2007/id634bpm.pdf

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
ADMINISTRATIVE PROCEEDINGS RULINGS
Release No. 634/May 21, 2007
ADMINISTRATIVE PROCEEDING
File No. 3-12633
___________________________________
In the Matter of :
: ORDER DESIGNATING PRESIDING
LAWRENCE A. CAMPBELL : JUDGE AND CONSOLIDATING
: PROCEEDINGS
:
___________________________________
On May 11, 2007, the Securities and Exchange Commission (Commission) issued an Order Instituting Proceedings (OIP) in Lawrence A. Campbell, Administrative Proceeding No. 3-12633. On May 14, 2007, I designated Administrative Law Judge Robert G. Mahony to preside at the hearing in Donald J. Lakin, Administrative Proceeding No. 3-12634. The hearing in Lakin is scheduled to begin at 9:30 a.m. EDT, on Monday, June 25, 2007, in Hearing Room 2, 100 F Street, N.E., Washington, D.C. 20549.
Both the Lakin and Campbell administrative proceedings are cease-and-desist proceedings instituted pursuant to Section 8A of the Securities Act of 1933 (Securities Act) and Sections 15(b) and 21C of the Securities Exchange Act of 1934 (Exchange Act). Both OIPs have ten paragraphs of similar factual allegations to support charges that each respondent’s conduct in connection with the sales of securities issued by Sunrise Energy, Inc., violated Sections 5(a), 5(c), and 17(a) of the Securities Act and Sections 10(b) and 15(a) of the Exchange Act and Rule 10b-5 thereunder. The Commission’s Division of Enforcement, Denver Regional Office, is prosecuting both administrative proceedings.
Order
I ORDER that Administrative Law Judge Robert G. Mahony preside at the hearing in Campbell, Administrative Proceeding No. 3-12633, a designated 300-day case, and perform other and related duties in accordance with the Commission’s Rules of Practice.
Rule 201 of the Commission’s Rules of Practice allows an administrative law judge to consolidate proceedings involving a common issue of law or fact. 17 C.F.R. § 201.201. The rule is discretionary and is applicable where it appears appropriate to avoid unnecessary cost or delay.1 This administrative proceeding and Lakin involve common questions of law and are
1 Rule 201 went into effect in July 2005. Previously, Rule 10 had allowed the Commission to consolidate based on the same criteria.
factually related. Consolidation will permit a more efficient use of judicial resources and avoid unnecessary costs. Accordingly, I FURTHER ORDER that Campbell, Administrative Proceeding No. 3-12633, is consolidated with Lakin, Administrative Proceeding No. 3-12634.
For the Commission, by its Chief Administrative Law Judge, pursuant to delegated authority.
_______________________________
Brenda P. Murray
Chief Administrative Law Judge