SEC v HUGH THRASHER, JOHN H. ANDERSON, EZRA CHAMMAH, et al


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Keywords & Phrases

CaseNo: LR-15476, CourtCode: DIS, CourtName: THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW, Defendant: Hugh Thrasher, John H. anderson, Ezra Chammah, Stanley Elbaum, Scott Forbes, Guillermo Gomez a/k/a William Gomez, Stephen v.R. Goodhue, Jr., Ira Gorman, Gorman Commodities and Securities, Inc., Jonathan S. Hirsh, Ronald Kuznetsky, Darrell Sandy Marsh, Jack P. Marsh, Michael R. Newman, Roger K. Odwak, Angelo Petrotto, Lee Rosenblatt, Robert Sacks, Jeffrey A. Sanker, David Schaen, Leonard Schaen, Julian Schor, Gregg R. Shawzin, and Mark R. Shawzin, Plaintiff: SEC, State: DC Washington D.C., UniqueCaseRef: SEC>LR-15476, Gomez, Securities, Exchange Commission, Motel, William, Amended Complaint, Insider, Pay, Guillermo Gomez A/k/a, Gorman, Marsh, Shawzin, District, Judgement, Trading, Nonpublic Information, Consent, Permanent Injunction, Act, Alleges, Hugh Thrasher, Harris, Duty, Shareholders, Negotiations, Acquisition, Personal Friend, Carl Harris , ContentID: 120242586

Case Documents

1997-09-04

SEC LITIGATION RELEASE
[ see first page and extracted highlights below ] ItemID: 105680

2 pages
TXT

Total Documents: 1 document , 2 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS

SECURITIES
EXCHANGE COMMISSION
MOTEL
WILLIAM
AMENDED COMPLAINT
INSIDER
PAY
GUILLERMO GOMEZ A/K/A
GORMAN
MARSH
SHAWZIN
DISTRICT
COURT
JUDGEMENT
DEFENDANT
TRADING
NONPUBLIC INFORMATION
CONSENT
PERMANENT INJUNCTION
ACT
ALLEGES
HUGH THRASHER
HARRIS
DUTY
SHAREHOLDERS
NEGOTIATIONS
ACQUISITION
PERSONAL FRIEND
CARL HARRIS






                          SECURITIES AND EXCHANGE COMMISSION
                                   Washington D.C.

     LITIGATION RELEASE NO. 15476 / September 4, 1997

     SECURITIES AND EXCHANGE COMMISSION V. HUGH THRASHER, JOHN H. ANDERSON,
EZRA
     CHAMMAH, STANLEY ELBAUM, SCOTT FORBES, GUILLERMO GOMEZ a/k/a WILLIAM
GOMEZ,
     STEPHEN V.R. GOODHUE, JR., IRA GORMAN, GORMAN COMMODITIES &
SECURITIES,
     INC., JONATHAN S. HIRSH, RONALD KUZNETSKY, DARRELL SANDY MARSH, JACK
P.
     MARSH, MICHAEL R. NEWMAN, ROGER K. ODWAK, ANGELO PETROTTO, LEE
ROSENBLATT,
     ROBERT SACKS, JEFFREY A. SANKER, DAVID SCHAEN, LEONARD SCHAEN, JULIAN
     SCHOR, GREGG R. SHAWZIN, AND MARK R. SHAWZIN, 92 Civ. 6987  (JFK)
     (S.D.N.Y.)

          The Securities and Exchange Commission ("Commission") announced
that
     the United States District Court for the Southern District of New
York
     recently entered a judgment against defendant William Gomez ("Gomez").

     According to the Commission's amended complaint filed on March 4, 1993,
the
     defendant engaged in insider trading by purchasing the securities of
Motel
     6, L.P. ("Motel 6") while in possession of material, nonpublic
information
     concerning a planned tender offer for the company.

          On August 5, 1997, the Court entered Final Consent Judgments of
     Permanent Injunction and Other Relief As To Guillermo Gomez a/k/a
William
     Gomez.  Without admitting or denying the allegations of the amended
     complaint, Gomez consented to a permanent injunction from violating
     Sections 10(b) and 14(e) of the Securities Exchange Act of 1934, and
Rules
     10b-5 and 14e-3 thereunder.  Gomez agreed to pay $131,104 in
disgorgement
     of profits and prejudgment interest thereon, but in light of a

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION V. HUGH THRASHER, JOHN H. ANDERSON, EZRA

CHAMMAH, STANLEY ELBAUM, SCOTT FORBES, GUILLERMO GOMEZ a/k/a WILLIAM

SCHOR, GREGG R. SHAWZIN, AND MARK R. SHAWZIN, 92 Civ.

The Securities and Exchange Commission announced that the United States District Court for

According to the Commission's amended complaint filed on March 4, 1993, the defendant engaged

On August 5, 1997, the Court entered Final Consent Judgments of Permanent Injunction and

Without admitting or denying the allegations of the amended complaint, Gomez consented to a

Gomez agreed to pay $131,104 in disgorgement of profits and prejudgment interest thereon, but

6, for his personal benefit and in breach of his duty to Motel 6 and its shareholders,

The Commission alleges that Harris thereafter tipped numerous people,


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