SEC v J. BRISTOW ANDERSON, BRADLEY F. BAHRET, et al


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Keywords & Phrases

CaseNo: LR-15473, Defendant: J. Bristow anderson, Bradley F. Bahret, Deborah D. Bahret, Lisa R. Burgess-Pittman, Linda A. Connor, George L. Gore, Jr., Moroni Leon Jensen, Stephen J. Katz, Charles R. Perry, Jr., Plaintiff: SEC, State: CO Colorado, UniqueCaseRef: SEC>LR-15473, Paragon, Paragon Stock, Bahret, Employees, Georgia, Ross, Shares, Deborah Bahret, Burgess-pittman, Connor, Katz, Perry, Anderson, Gore, Trading, Ross Brothers, Sell, Securities, Exchange Commission, Bradley, Colorado, Mortgage, Husband, President, Misconduct, Sold, Atlanta, Denver, Mortgage Corporation, Mother , ContentID: 120242589

Case Documents

1997-09-04

SEC LITIGATION RELEASE
[ see first page and extracted highlights below ] ItemID: 105683

4 pages
TXT

Total Documents: 1 document , 4 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS

PARAGON STOCK
BAHRET
EMPLOYEES
GEORGIA
ROSS
SHARES
DEBORAH BAHRET
BURGESS-PITTMAN
CONNOR
KATZ
PERRY
ANDERSON
GORE
TRADING
ROSS BROTHERS
SELL
SECURITIES
EXCHANGE COMMISSION
BRADLEY
COLORADO
MORTGAGE
HUSBAND
PRESIDENT
MISCONDUCT
SOLD
ATLANTA
DENVER
MORTGAGE CORPORATION
MOTHER






                   UNITED STATES SECURITIES AND EXCHANGE COMMISSION

     Litigation Release No. 15473 / September 4, 1997

     Securities and Exchange Commission v. J. Bristow Anderson, Bradley F.
     Bahret, Deborah D. Bahret, Lisa R. Burgess-Pittman, Linda A. Connor,
George
     L. Gore, Jr., Moroni Leon Jensen, Stephen J. Katz, Charles R. Perry,
Jr.
     (N.D. Ga., Civil Action No. 1-97-CV-2432-JEC)

          The Securities and Exchange Commission announced today that it
has
     charged seven Atlanta, Georgia residents and two Denver, Colorado men
with
     illegal insider trading of Paragon Mortgage Corporation stock.  The
nine
     defendants are J. Bristow Anderson of Atlanta, Georgia, Bradley F.
Bahret
     of Marietta, Georgia, Deborah D. Bahret of Marietta, Georgia, Lisa R.
     Burgess-Pittman of Roswell, Georgia, Linda A. Connor of Acworth,
Georgia,
     George L. Gore, Jr. of Castle Rock, Colorado, Moroni Leon Jensen of
Duluth,
     Georgia, Stephen J. Katz of Alpharetta, Georgia, and Charles R. Perry,
Jr.
     of Denver, Colorado.  Deborah Bahret, Burgess-Pittman, Connor, Gore,
Katz
     and Perry are former employees, and Jensen is a former director, of
Paragon
     Mortgage Corporation, a now defunct mortgage banking company formerly
     headquartered in Smyrna, Georgia.  Anderson is an attorney in Atlanta
and
     Bradley Bahret is the husband of Deborah Bahret.

          The complaint alleges as follows.  From 1989 through 1993, W.
Gene
     Ross and Lynn K. Ross (the "Ross brothers") misappropriated $229,040
from
     Paragon to pay principal and interest on four personal loans.  Gene
Ross
     was Paragon's chief executive officer and chairman of its board, and
Lynn

SNIPPETS:

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

L. Gore, Jr., Moroni Leon Jensen, Stephen J. Katz, Charles R. Perry, Jr.

The Securities and Exchange Commission announced today that it has charged seven Atlanta,

Anderson is an attorney in Atlanta and Bradley Bahret is the husband of Deborah Bahret.

Ross and Lynn K. Ross misappropriated $229,040 from Paragon to pay principal and interest on

Jensen was chairman of the Paragon board's special litigation committee which retained

Jensen illegally tipped his mother to sell 1,000 shares of Paragon stock on November 15,

Previously, in October 1993, Jensen had illegally tipped his mother to purchase 1,000 shares

On December 13, 1993, Connor illegally tipped her husband about nonpublic information

The next day, Connor's husband sold 1,500 shares of Paragon stock.

On the morning of December 21, 1993, Jensen and Paragon's new president, conducted a


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