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SEC v ATLANTIC CAPITAL CORPORATION, WALL STREET MARKETING, et al Click to find out why . . .



Keywords & Phrases
CaseNo: LR-15792, CourtCode: DIS, CourtName: THE COMMISSION FILED A COMPLAINT IN U.S. DISTRICT COURT FOR THE MIDDLE, Defendant: Atlantic Capital Corporation, Wall Street Marketing, Inc., Pullman Publications, Inc., Stephen Decesare, Mark Missler, Patrick Kephart, Howard Jenkins, Scott Mijares, Robert Thomas Beatty, Vincent St. Clair Beatty, Michael Cardascia, David Scott Rossman, Adrian Wilson, Timothy B. Daley, and David M. Connochie, Plaintiff: SEC, State: WA Washington, UniqueCaseRef: SEC>LR-15792, Securities, Stock Promoter, Commission, Jenkins, Complaint, District, Exchange Commission, Publications, Florida, Scheme, Alleges, Patrick, Howard, Scott, Beatty, David, Charges, Brokers, Middle District, Paid, Brochures, Act, Disgorge, Profits, Prejudgment, Pay, Penalty, Pending , ContentID: 120242278

Case Documents
1 1998-06-29 SEC LITIGATION RELEASE
[ see first page and extracted highlights below  ] ItemID: 105371
2 pages
TXT
Total Documents: 1 document , 2 pages
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1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS
SECURITIES
STOCK PROMOTER
COMMISSION
JENKINS
COMPLAINT
DISTRICT
EXCHANGE COMMISSION
PUBLICATIONS
FLORIDA
SCHEME
ALLEGES
PATRICK
HOWARD
SCOTT
BEATTY
DAVID
CHARGES
BROKERS
COURT
MIDDLE DISTRICT
PAID
BROCHURES
ACT
DISGORGE
PROFITS
PREJUDGMENT
PAY
PENALTY
PENDING




                          SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

     Litigation Release No.   15792 / June 29, 1998

     Securities and Exchange Commission v. Atlantic Capital Corporation,
Wall
     Street Marketing, Inc., Pullman Publications, Inc., Stephen DeCesare,
Mark
     Missler, Patrick Kephart, Howard Jenkins, Scott Mijares, Robert Thomas
     Beatty, Vincent St. Clair Beatty, Michael Cardascia, David Scott
Rossman,
     Adrian Wilson, Timothy B. Daley, and David M. Connochie (M.D. Fla.) No.
96-
     1043-CIV-ORL-19A

          The Commission announced today that a stock promoter, previously
     charged with paying kickbacks to brokers for selling certain securities
to
     their clients, has settled the charges against him.  On September 27,
1996,
     the Commission filed a Complaint in U.S. District Court for the Middle
     District of Florida alleging that a group of stock promoters engaged in
an
     18-month fraudulent scheme in which they paid $477,580 in bribes to
seven
     stockbrokers to induce them to retail securities to the public.  The
     Complaint further alleged that the stock promoters issued promotional
     brochures concerning various public companies without disclosing that
they
     were being paid by the companies to issue the brochures.  The
Complaint
     alleges that the promoters netted approximately $2.6 million from the
     scheme.

          The settling stock promoter is Howard C. Jenkins ("Jenkins"), age
45,
     formerly of Ovida, Florida.  Jenkins consented, without admitting or
     denying the allegations in the Complaint, to the issuance of a Final
     Judgment by Judge Patricia C. Fawsett of the United States District
Court
     for the Middle District of Florida enjoining him from future violations
of
     Sections 17(a) and 17(b) of the Securities Act of 1933 and Section
SNIPPETS:
  • Securities and Exchange Commission v. Atlantic Capital Corporation,
  • Street Marketing, Inc., Pullman Publications, Inc., Stephen DeCesare, Mark
  • Missler, Patrick Kephart, Howard Jenkins, Scott Mijares, Robert Thomas Beatty, Vincent St.
  • The Commission announced today that a stock promoter, previously charged with paying
  • the Commission filed a Complaint in U.S. District Court for the Middle District of Florida
  • The Complaint further alleged that the stock promoters issued promotional brochures
  • The Complaint alleges that the promoters netted approximately $2.6 million from the scheme.
  • The settling stock promoter is Howard C. Jenkins,
  • Jenkins consented, without admitting or denying the allegations in the Complaint, to the
  • Jenkins also consented to disgorge $39,500 in profits he received from the alleged scheme,
  • The Commission s litigation is still pending against two brokers.
  •    |