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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
WERTMAN STOCK TELETEK SECURITIES COMMISSION EXCHANGE ACT DONNER WEBSTER PROCEEDING DAVID RESPONDENT INCARCERATION FINDINGS PURSUANT MATERIAL FACT MARKET FRAUD SECRET PAYMENTS ARRANGEMENTS PURPOSE RESIDENT FLORIDA CONNECTION PLED GUILTY PRICE COZZOLINO RELEVANT TIME PERIOD SCHEME SHARES |
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
Securities Exchange Act of 1934
Release No. 43171 / August 18, 2000
Administrative Proceeding
File No. 3-9334
In the Matter of
STEVEN IRA WERTMAN,
ROBERT BRUCE ORKIN,
EDWARD CHARLES WILLIAM DONNER, III
and EARL SETH DAVID,
Respondent.
ORDER MAKING FINDINGS AND
IMPOSING REMEDIAL SANCTIONS
AS TO STEVEN IRA WERTMAN
I.
On June 20, 1997, the U.S. Securities and Exchange Commission issued
an Order Instituting Administrative Proceedings Pursuant to Section
15(b)(6) of the Securities Exchange Act of 1934 against Steven Ira
Wertman ("Wertman"), among others. Wertman has submitted an Offer of
Settlement for the purpose of disposing of the issues raised by this
proceeding.
Wertman consents to the entry of this Order Making Findings and
Imposing Remedial Sanctions ("Order") solely for the purposes of this
proceeding and any other proceedings brought by or on behalf of the
Commission or to which the Commission is a party, and prior to hearing
and without admitting or denying the findings set forth herein. The
Commission has determined that it is appropriate and in the public
interest to accept the Offer of Settlement from Wertman, and
accordingly is issuing this Order.
II.
FACTS
Based on the foregoing, the Commission finds that
A. Respondents
SNIPPETS:
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