SEC v JEFF BERGMAN - Legal Case Documents


\|

SEC v JEFF BERGMAN

Keywords & Phrases

CaseNo: 34-41316, Defendant: Jeff Bergman, Plaintiff: SEC, UniqueCaseRef: SEC>34-41316, Act, Northstar, Securities Act, Bergman, Exchange Act, Breaux, Commission, Revenue, Chief Executive Officer, Consulting, Violation, Thereunder, Confirmation, Pursuant, Findings, Financial Statements, Audit Confirmation, Admitting, Fraudulent, False Documents, Auditors, Investors, Committing, Facilities, Audit Confirmation Letter, Publicly-held, Respondent, Matter, Consents, Amounts , ContentID: 120244902

Case Documents

1999-04-21

SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below ] ItemID: 111638

6 pages
TXT

Total Documents: 1 document , 6 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS

NORTHSTAR
SECURITIES ACT
BERGMAN
EXCHANGE ACT
BREAUX
COMMISSION
REVENUE
CHIEF EXECUTIVE OFFICER
CONSULTING
VIOLATION
THEREUNDER
CONFIRMATION
PURSUANT
FINDINGS
FINANCIAL STATEMENTS
AUDIT CONFIRMATION
ADMITTING
FRAUDULENT
FALSE DOCUMENTS
AUDITORS
INVESTORS
COMMITTING
FACILITIES
AUDIT CONFIRMATION LETTER
PUBLICLY-HELD
RESPONDENT
MATTER
CONSENTS
AMOUNTS





                           UNITED STATES OF AMERICA
                                  Before the
                      SECURITIES AND EXCHANGE COMMISSION


         SECURITIES ACT OF l933
         Release No.  7669 / April 21, 1999

         SECURITIES EXCHANGE ACT OF l934
         Release No. 41316 / April 21, 1999

         ACCOUNTING AND AUDITING ENFORCEMENT
         Release No.  1128 / April 21, 1999

         ADMINISTRATIVE PROCEEDING
         File No. 3-9879



                                :
         In the Matter of       :        ORDER INSTITUTING PUBLIC
                                :        PROCEEDINGS PURSUANT
                                :        TO SECTION 8A OF THE
                                :        SECURITIES ACT OF 1933
         JEFF BERGMAN,          :        AND SECTION 21C OF THE
                                :        SECURITIES EXCHANGE ACT
                                :        OF 1934, MAKING FINDINGS
                                :        AND IMPOSING A CEASE-
                                :        AND-DESIST ORDER
         Respondent.            :
                                :


                                     I.

              The  Securities  and Exchange Commission ("Commission")
         deems  it  appropriate to  institute  public  administrative
         proceedings against Jeff Bergman ("Bergman" or "Respondent")
         pursuant to  Section  8A  of  the  Securities  Act  of  1933
         ("Securities   Act")  and  Section  21C  of  the  Securities
         Exchange Act of 1934 ("Exchange Act".)

              In   anticipation   of   the   institution   of   these
         administrative  proceedings,  Bergman has submitted an Offer

SNIPPETS:

SECURITIES ACT OF l933 Release No. 7669 / April 21,

The Securities and Exchange Commission deems it appropriate to institute public

Solely for the purpose of these proceedings and any other proceedings brought by or on behalf ge Act of 1934, Making Findings and Imposing a Cease-and-Desist Order

From June 1993, to at least mid-1995, certain executives at Northstar Health Services, Inc.,

Bergman participated in the fraud involving the falsification of Northstar’s financial

Contrary to Bergman’s representations, however, Northstar never rendered any consulting

Bergman’s fraudulent conduct enabled Northstar to overstate its revenue by $167,750 for

From 1991 through at least 1995, Bergman served as chairman of the board, chief executive

Northstar provides rehabilitation therapy and related services at outpatient clinics and

For fiscal 1994, Northstar reported total net revenue of $13,362,000 and income before taxes

Specifically, by letter dated March 17, 1995, Northstar sent an audit confirmation letter to

Section 10of the Exchange Act and Rule 10b-5 thereunder prohibit false and misleading

A violation of Section 17of the Securities Act, Section 10of the Exchange Act and Rule 10b-5

Bergman knew or was reckless in not knowing that Northstar auditors would use the false

In the Matter of Troy Lee Wood, Exchange Act Release No. 37905.

Bergman has submitted an Offer in which, without admitting or denying the findings, except as

Makes findings, as set forth above, and orders that he cease and desist from committing or


\|