SEC v DANIEL E. SCHNEIDER, et al., ET AL


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Keywords & Phrases

CaseNo: LR-17135, CourtCode: DIS, CourtName: DISTRICT COURT FOR THE DISTRICT OF WYOMING GRANTED ITS MOTION FOR, Defendant: Daniel E. Schneider, et al., Defendants and Gordon A. Dunlop, et al., Relief Defendants, Plaintiff: SEC, State: WY Wyoming, UniqueCaseRef: SEC>LR-17135, Dunlop, Securities, Schneider, Relief Defendants, First Consortium, Exchange Commission, Daniel, Gordon, District, Received Ill-gotten Gains, Act, Civil Action, United States District, Motion, Summary Judgment, Illegal Prime Bank, Prime Bank Trading, Bank Trading Scheme, Thereunder, Reviewing, Evidence, Legitimate Claim, First Consortium Pay, Consortium Pay Disgorgement, Amount, Plus Prejudgment , ContentID: 120246608

Case Documents

2001-09-18

SEC LITIGATION RELEASE
[ see first page and extracted highlights below ] ItemID: 116074

1 pages
TXT

Total Documents: 1 document , 1 page. CAUTION. PLEASE NOTE THAT THIS IS A ONE PAGE CASE.

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS

SECURITIES
SCHNEIDER
RELIEF DEFENDANTS
COURT
FIRST CONSORTIUM
EXCHANGE COMMISSION
DANIEL
GORDON
DISTRICT
RECEIVED ILL-GOTTEN GAINS
ACT
LITIGATION
CIVIL ACTION
UNITED STATES DISTRICT
MOTION
SUMMARY JUDGMENT
ILLEGAL PRIME BANK
PRIME BANK TRADING
BANK TRADING SCHEME
THEREUNDER
REVIEWING
EVIDENCE
LEGITIMATE CLAIM
FIRST CONSORTIUM PAY
CONSORTIUM PAY DISGORGEMENT
AMOUNT
PLUS PREJUDGMENT

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 17135 / September 18, 2001

   Securities and Exchange Commission v. Daniel E. Schneider, et al.,
   Defendants and Gordon A. Dunlop, et al., Relief Defendants, Civil
   Action No. 98-CV-14-D (D. WY)

   The Commission announced that on August 8, 2001, the United States
   District Court for the District of Wyoming granted its Motion for
   Summary Judgment against relief defendants Gordon Dunlop and his
   entity, First Consortium International. Dunlop and First Consortium
   received ill-gotten gains obtained by Daniel Schneider in an illegal
   prime bank trading scheme. The Court, in its previous order of

   August 31, 1999 found that Schneider had violated Section 17(a) of the
   Securities Act, Section 10(b) of the Securities Exchange Act and Rule
   10-b 5 thereunder.

   After reviewing the evidence, the court concluded that relief
   defendants Dunlop and First Consortium received ill-gotten gains from
   Schneider to which they had no legitimate claim. The court ordered
   that Dunlop and First Consortium pay disgorgement in the amount of
   $456,000 plus prejudgment interest.
     _________________________________________________________________

Modified 09/18/2001

SNIPPETS:

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 17135 / September 18,

Securities and Exchange Commission v. Daniel E. Schneider, et al., Defendants and Gordon A.

The Commission announced that on August 8, 2001, the United States District Court for the

Dunlop and First Consortium received ill-gotten gains obtained by Daniel Schneider in an

August 31, 1999 found that Schneider had violated Section 17of the Securities Act, Section

After reviewing the evidence, the court concluded that relief defendants Dunlop and First

The court ordered that Dunlop and First Consortium pay disgorgement in the amount of $456,000


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