 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
SEC ADMINISTRATIVE PROCEEDING
|
EXTRACTED KEY WORDS
COMMISSION TEMPORARY SUSPENSION SECURITIES PRACTICING LIFT PROCEEDING HERBERT PURSUANT SOLV-EX DISTRICT TIMELY PETITION PERMANENT MISLEADING STATEMENTS COMMISSION FILINGS LETTERS SHAREHOLDERS CONFERENCE INVESTORS BROKERS DISTRICT COURT MEXICO ENJOINED CAMPBELL VIOLATING ANTIFRAUD REPORTING PROVISIONS FEDERAL SECURITIES LAWS PRIOR LITIGATION MATTER CENSURE CAMPBELL DISQUALIFY CAMPBELL |
Securities and Exhange Commission
SECURITIES EXCHANGE ACT OF 1934
Release No. 43136 / August 10, 2000
ADMINISTRATIVE PROCEEDING
File No. 3-10268
HERBERT M. CAMPBELL II TEMPORARILY SUSPENDED PURSUANT TO RULE
102(e)(3)
Herbert M. Campbell II, an attorney, has been temporarily suspended
from appearing or practicing before the Commission pursuant to Rule
102(e)(3) of the Commission's Rules of Practice. Campbell, formerly
the senior vice president and general counsel of Solv-Ex Corporation,
made numerous false and misleading statements regarding Solv-Ex in
Commission filings, press releases, letters to shareholders and
conference calls with investors and brokers from January 1995 through
April 1997.
On May 16, 2000, the U.S. District Court for the District of New
Mexico enjoined Campbell from violating the antifraud and reporting
provisions of the federal securities laws. For additional information
about the injunction entered against Campbell, see prior litigation
release No. 16502 (April 5, 2000). The Commission instituted the Rule
102(e)(3) proceeding and temporarily suspended Campbell based on the
injunction entered against him.
If Campbell does not file a timely petition with the Commission to
lift the temporary suspension, the suspension will become permanent.
If Campbell files a timely petition, the Commission may either lift
the temporary suspension or set the matter for an administrative
hearing, or both. If a hearing is ordered, following the hearing, the
Commission may lift the suspension, censure Campbell, or disqualify
Campbell from appearing or practicing before the Commission for a
period of time or permanently.
_________________________________________________________________
Modified 08/11/2000
SNIPPETS:
|
|
|
| | | |
|
|
