 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
SEC ADMINISTRATIVE PROCEEDING
|
EXTRACTED KEY WORDS
SALES SECURITIES ACT RESPONDENT EARNINGS MANAGEMENT COMMISSION SALES REVENUE MEMBERS EARNINGS SHORTFALL MISLEADING ADMINISTRATIVE PROCEEDINGS PURSUANT FINDINGS DISCLOSURE DRAFTING SENIOR MANAGEMENT CUSTOMERS INVENTORY VIOLATIONS DAVID FANNIN INSTITUTING PRICE REPORTS ACCELERATION NET SALES MATTER SETTLEMENT GENERAL COUNSEL |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7977 / May 15, 2001
ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 1394 / May 15, 2001
ADMINISTRATIVE PROCEEDING
File No. 3-10482
In the Matter of
DAVID C. FANNIN,
Respondent.
ORDER INSTITUTING PUBLIC
ADMINISTRATIVE PROCEEDINGS,
PURSUANT TO SECTION 8A OF THE
SECURITIES ACT OF 1933, MAKING
FINDINGS, AND IMPOSING A
CEASE-AND-DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate that public administrative proceedings be, and hereby are,
instituted with respect to David C. Fannin ("Respondent") pursuant to
Section 8A of the Securities Act of 1933 ("Securities Act").
II.
In anticipation of the institution of these administrative
proceedings, Respondent has submitted an Offer of Settlement ("Offer")
that the Commission has determined to accept. Solely for the purpose
of these proceedings, and any other proceeding brought by or on behalf
of the Commission, or to which the Commission is a party, without
admitting or denying the findings as set forth below, except as to
jurisdiction of the Commission over Respondent and over the subject
matter of these proceedings, which Respondent admits, Respondent
consents to the entry of this Order Instituting Public Administrative
Proceedings, Pursuant to Section 8A of the Securities Act of 1933,
Making Findings and Imposing a Cease-and-Desist Order ("Order") set
forth below.
SNIPPETS:
|
|
|
| | | |
|
|
