SEC v HAWA CORPORATION, et al - Legal Case Documents


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SEC v HAWA CORPORATION, et al

Keywords & Phrases

CaseNo: LR-17580, Defendant: Hawa Corporation, et al., Plaintiff: SEC, UniqueCaseRef: SEC>LR-17580, Gomez, Securities, Exchange, Commission, Civil, Hawa Corporation, Hurley, Settles, Sara Gomez, Ferro, Civil Injunctive Action, Connection, Instituting, Proceeding, Exchange Act, Allegations, Making Findings, Imposing, Entry, Cease, Desist Order Prohibiting, Violating, Thereunder, Defendant Ilona Alexis, Ilona Alexis Mandelbaum, Amount, Disgorgement, Civil Penalties , ContentID: 120253084

Case Documents

2002-06-24

SEC LITIGATION RELEASE
[ see first page and extracted highlights below ] ItemID: 128915

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

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1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS

SECURITIES
EXCHANGE
COMMISSION
CIVIL
LITIGATION
HAWA CORPORATION
HURLEY
SETTLES
SARA GOMEZ
FERRO
CIVIL INJUNCTIVE ACTION
DEFENDANT
CONNECTION
INSTITUTING
PROCEEDING
EXCHANGE ACT
ALLEGATIONS
MAKING FINDINGS
IMPOSING
ENTRY
CEASE
DESIST ORDER PROHIBITING
VIOLATING
THEREUNDER
DEFENDANT ILONA ALEXIS
ILONA ALEXIS MANDELBAUM
AMOUNT
DISGORGEMENT
CIVIL PENALTIES

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 17580 / June 24, 2002

   SEC v. Hawa Corporation, et al, Case No. 01-8220-CIV- Hurley (S.D.
   Fla.)(filed March 15, 2001)

   SEC SETTLES CASES AGAINST SARA GOMEZ DE FERRO

   The Securities and Exchange Commission (Commission) announced today
   that it dismissed its civil injunctive action against Defendant Sara
   Gomez de Ferro (Gomez) in the matter of . . The Commission's Complaint
   in the civil injunctive action alleged that from October 1998 to March
   2001, Gomez and others made material misrepresentations and omissions
   in connection with the sale of securities issued by Hawa
   Communications, Inc. (HawaCom). (SEC v. Hawa Corporation, et al., Case
   No. 01-8220-CIV- Hurley (S.D. Fla.)(filed March 15, 2001)).

   In connection with the dismissal, the Commission instituted a settled
   cease-and-desist proceeding against Gomez. Without admitting or
   denying the allegations of the Commission's Order Instituting
   Proceedings, Making Findings and Imposing a Cease-and-Desist Order,
   Gomez consented to the entry of a cease and desist order prohibiting
   her from violating Section 10(b) of the Securities and Exchange Act of
   1934 (Exchange Act) and Rule 10b-5 thereunder.

   The civil litigation against defendant Ilona Alexis Mandelbaum is
   continuing solely as to setting the amount of disgorgement and civil
   penalties.

   For more information see Litigation Releases (March 16, 2001); (March
   6, 2002); and (March 15, 2002).
     _________________________________________________________________

Modified 06/24/2002

SNIPPETS:

SEC v. Hawa Corporation, et al, Case No. 01-8220-CIV- Hurley (S.D.

SEC SETTLES CASES AGAINST SARA GOMEZ DE FERRO

The Securities and Exchange Commission announced today that it dismissed its civil injunctive

The Commission's Complaint in the civil injunctive action alleged that from October 1998 to

the Commission instituted a settled cease-and-desist proceeding against Gomez.

Without admitting or denying the allegations of the Commission's Order Instituting

The civil litigation against defendant Ilona Alexis Mandelbaum is continuing solely as to


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