SEC settles two lawsuits against Coppell man
Headline News
The Securities and Exchange Commission settled two civil lawsuits Tuesday against a North Texas stock promoter allegedly involved in so-called pump-and-dump market manipulation scams.
One suit is still pending against five other people and one company.
The complaints allege that Coppell accountant Mark B. Lindberg, 40, helped market a series of penny stocks and, along with other defendants, reaped millions of dollars by releasing false information to pump up the share price.
In settling the cases, Mr. Lindberg neither admitted nor denied the allegations. He has agreed to a permanent injunction and is barred from being an officer or director. He also agreed to not be involved in penny stocks.
The initial suit involves an Irving company called Sniffex that Mr. Lindberg helped take public.
The company, which marketed a bomb detection device, is now called Homeland Safety International Inc. and was controlled primarily by two Bulgarians.
The complaint also names president Paul B. Johnson of Colleyville, who could not be reached for comment Tuesday, and two investors from Denmark. The suit still seeks penalties against the defendants other than Mr. Lindberg.
Related listings
-
Law Firm Urges SEC To Be Aggressive In Attacking Rumors
Headline News 07/15/2008U.S. securities regulators need to be more aggressive in attacking manipulative rumor-mongering and short selling abuses, a prominent New York law firm said Monday.In a memo to clients, Wachtell, Lipton, Rosen & Katz urged the Securities and Exch...
-
Ages of Supreme Court justices and recent retirees
Headline News 07/13/2008The members of the Supreme Court, by age:John Paul Stevens, 88Ruth Bader Ginsburg, 75Antonin Scalia, 72Anthony Kennedy, 71Stephen Breyer, 69David Souter, 68Clarence Thomas, 60Samuel Alito, 58John Roberts, 53The last 10 justices to leave the Supreme C...
-
GOAA member's firm target of lawsuit
Headline News 07/09/2008A class-action lawsuit filed June 26 in U.S. District Court in Miami accuses an Orlando law firm founded by a member of the Greater Orlando Aviation Authority of racketeering by sending threatening letters that demand money from alleged shoplifters. ...
Is Now the Time to Really Call a Special Education Lawyer?
IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.
Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.
Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.