SEC v JOSE E. RIVERA, CPA - Legal Case Documents


\|

SEC v JOSE E. RIVERA, CPA

Keywords & Phrases

CaseNo: 34-42229, Defendant: Jose E. Rivera, CPA, Plaintiff: SEC, UniqueCaseRef: SEC>34-42229, Commission, Rivera, Practice, Exchange Act, Accountant, Pepsi, Securities, Review, Pursuant, Complaint, Settlement, Admitting, Judgement, Violating, Firm, Thereunder, Complaint Alleges, Report, Loss, Independent Accountant, Administrative Proceedings, Jurisdiction, Finance, Public Offering, Entry, Certified Public Accountant, Puerto Rico, Stock, Civil , ContentID: 120245588

Case Documents

1999-12-14

SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below ] ItemID: 112327

4 pages
HTML

Total Documents: 1 document , 4 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS

RIVERA
PRACTICE
EXCHANGE ACT
ACCOUNTANT
PEPSI
SECURITIES
REVIEW
PURSUANT
COMPLAINT
SETTLEMENT
ADMITTING
JUDGEMENT
VIOLATING
FIRM
THEREUNDER
COMPLAINT ALLEGES
REPORT
LOSS
INDEPENDENT ACCOUNTANT
MEMBER
ADMINISTRATIVE PROCEEDINGS
JURISDICTION
FINANCE
PUBLIC OFFERING
ENTRY
CERTIFIED PUBLIC ACCOUNTANT
PUERTO RICO
STOCK
CIVIL

UNITED STATES OF AMERICA
Before The
SECURITIES AND EXCHANGE COMMISSION

   SECURITIES EXCHANGE ACT OF 1934
   Release No. 42229 / December 14, 1999

   ACCOUNTING AND AUDITING ENFORCEMENT
   Release No. 1212 / December 14, 1999

   ADMINISTRATIVE PROCEEDING
   File No. 3-10117

--------------------------------------------------
                                                    ORDER INSTITUTING PUBLIC
            In the Matter of                        PROCEEDINGS AND OPINION
                                                    AND ORDER PURSUANT TO
           JOSE E. RIVERA, CPA,                     RULE 102(e) OF THE
                                                    COMMISSION'S RULES OF
              Respondent.                           PRACTICE

--------------------------------------------------

   I

   The Securities and Exchange Commission ("Commission") deems it
   appropriate and in the public interest that public administrative
   proceedings be, and they hereby are, instituted against Jose E. Rivera
   ("Rivera") pursuant to paragraph three (3) of Rule 102(e) of the
   Commission's Rules of Practice (17 C.F.R. § 201.102(e)(3)) ("Rule
   102(e)").

   II

   In anticipation of the institution of these administrative
   proceedings, Rivera has submitted an offer of settlement ("Settlement
   Offer") which 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, and
   without admitting or denying the Commission's findings contained
   herein, except for the jurisdiction of the Commission over him and
   over the matters set forth in this order and that a Final Judgment of
   Permanent Injunction and Other Relief ("Final Judgment") has been
   entered against him as set forth in Paragraph III below, which are
   admitted, Rivera consents to the entry of this Order Instituting
   Public Proceedings and Opinion and Order Pursuant to Rule 102(e)
   ("Order").

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

In anticipation of the institution of these administrative proceedings, Rivera has submitted

Solely for the purpose of these proceedings and any other proceeding brought by or on behalf ts to the entry of this Order Instituting Public Proceedings and Opinion and Order Pursuant to Rule

Rivera, age 44, is a certified public accountant licensed to practice in Florida.

Rivera was the Director of Finance in charge of the accounting department of Pepsi-Cola

On September 19, 1995, Pepsi P.R. completed an initial public offering.

Pepsi P.R.'s common stock is registered with the Commission pursuant to Section 12of the

On September 28, 1999, the Commission filed a complaint against Rivera and two other

Rivera consented to the entry of the Final Judgment without admitting or denying the

On November 8, 1999, the United States District Court for the District of Columbia entered e Act.

The Complaint alleges that this fraudulent conduct enabled Pepsi P.R. to report a $129,000

Rivera is denied the privilege of appearing or practicing before the Commission as an

a preparer or reviewer, or a person responsible for the preparation or review, of any public

Such an application must satisfy the Commission that Rivera, or the firm with which he is endent accountant he will remain either a member of the SEC Practice Section or associated with a

ermanently enjoined by any court of competent jurisdiction, by reason of his or her


\|