SEC v JOHN W. WALSH, JR., INTERCAP MONITORING CORPORATION, et al


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Keywords & Phrases

CaseNo: LR-15103, CourtCode: DIS, CourtName: FUND V-B, LTD., U.S. DISTRICT COURT FOR THE DISTRICT OF, Defendant: John W. Walsh, Jr., InterCap Monitoring Corporation, Security Data Group, Inc., InterCap Monitoring Income Funds IV-A, B, C, and D, Ltd., InterCap Monitoring Income Funds V and V-B, Ltd, Plaintiff: SEC, State: DC Washington D.C., UniqueCaseRef: SEC>LR-15103, Securities, Intercap Monitoring, Income Fund, Exchange, Act, Exchange Commission, Walsh, District, District Court, Civil Action, John, Intercap Monitoring Corporation, Security Data Group, V-b, Minnesota, Investment, Complaint, Violations, Penalties, Judgments, Permanent Injunction, Thereunder, Assessment, Amount, Pursuant, Financial Condition, Direct Payment, Parties , ContentID: 120242955

Case Documents

1996-10-02

SEC LITIGATION RELEASE
[ see first page and extracted highlights below ] ItemID: 106049

2 pages
TXT

Total Documents: 1 document , 2 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS

INTERCAP MONITORING
INCOME FUND
EXCHANGE
ACT
EXCHANGE COMMISSION
DEFENDANTS
WALSH
DISTRICT
DISTRICT COURT
CIVIL ACTION
JOHN
INTERCAP MONITORING CORPORATION
SECURITY DATA GROUP
V-B
MINNESOTA
BUSINESS
INVESTMENT
COMPLAINT
VIOLATIONS
PENALTIES
JUDGMENTS
PERMANENT INJUNCTION
THEREUNDER
ASSESSMENT
AMOUNT
PURSUANT
FINANCIAL CONDITION
DIRECT PAYMENT
PARTIES





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                SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549

LITIGATION RELEASE NO. 15103 / October 2, 1996

SECURITIES AND EXCHANGE COMMISSION v. JOHN W. WALSH, JR.,
INTERCAP MONITORING CORPORATION, SECURITY DATA GROUP, INC.,
INTERCAP MONITORING INCOME FUND IV-A, LTD., INTERCAP MONITORING
INCOME FUND IV-B, LTD., INTERCAP MONITORING INCOME FUND IV-C,
LTD., INTERCAP MONITORING INCOME FUND IV-D, LTD., INTERCAP
MONITORING INCOME FUND V, LTD., and INTERCAP MONITORING INCOME
FUND V-B, LTD., U.S. District Court for the District of
Minnesota, Civil Action No. 4-96-CV-0733 (formerly 3-94-CV-1573)

     The Securities and Exchange Commission announced that it has
settled a civil action which the Commission had filed in U.S.
District Court for the District of Minnesota against defendants
John W. Walsh, Jr. ("Walsh"), InterCap Monitoring Corporation
("InterCap"), Security Data Group, Inc. ("SDG"), InterCap
Monitoring Income Funds IV-A, B, C, and D, Ltd., and InterCap
Monitoring Income Funds V and V-B, Ltd.  The defendants were in
the business of buying, and holding for investment purposes,
residential and business security alarm monitoring contracts.
     In its Complaint, the Commission alleged that, from
approximately January 1989 through the spring of 1992, the
defendants violated the federal securities laws by making
fraudulent misrepresentations and omissions to investors in
connection with the offer or sale of partnership interests and by
offering unregistered securities.

     Defendants Walsh, InterCap, and SDG, without admitted or
denying the allegations in the Commission's Complaint, consented
to the entry of judgments which included final orders of
permanent injunction against the defendants for their respective
violations of Sections 5(c) and 17(a) of the Securities Act of
1933 ("Securities Act") and Section 10(b) of the Securities
Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder.
Additionally, Walsh agreed to assessment of civil penalties in
the amount of $250,000 pursuant to Section 20(d) of the
Securities Act and Section 21(d)(3) of the Exchange Act.  Based
upon Walsh's financial condition, the Court did not direct
payment of the penalties.  This action has now been concluded as

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION v. JOHN W. WALSH, JR.,

INTERCAP MONITORING CORPORATION, SECURITY DATA GROUP, INC., INTERCAP MONITORING INCOME FUND

MONITORING INCOME FUND V, LTD., and INTERCAP MONITORING INCOME FUND V-B, LTD., U.S. District

The Securities and Exchange Commission announced that it has settled a civil action which the

The defendants were in the business of buying, and holding for investment purposes,

In its Complaint, the Commission alleged that, from approximately January 1989 through the

Defendants Walsh, InterCap, and SDG, without admitted or denying the allegations in the

Additionally, Walsh agreed to assessment of civil penalties in the amount of $250,000

Based upon Walsh's financial condition, the Court did not direct payment of the penalties.

This action has now been concluded as to all parties.


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