CaoPanShou
5 년 전
Motion for Appointment (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Application for Appointment of Custodian
Minutes
03/06/2020 3:00 AM
- Upon review of the papers and pleadings on file in this Matter, as proper service has been provided, this Court notes no opposition has been filed. Accordingly, pursuant to EDCR 2.20(e) the application to appoint custodian is deemed unopposed. Therefore, good cause appearing, COURT ORDERED, motion is GRANTED IN PART. Movant is permitted to appoint new officers and directors, send the notice of a special meeting to all shareholders of record noticing a meeting on at least 10 days' notice and to pay back fees owed to the State of Nevada. Moving Counsel's submitted order signed, to be filed within ten (10) days and distribute a filed copy to all parties involved in this matter and the transfer agent. Custodian to file monthly Status reports. Matter SET for status check on the report in 45 days. 4-17-20 CHAMBERS STATUS CHECK: CUSTODIAN'S REPORT CLERK'S NOTE: A copy of this minute order was distributed via electronic mail. / dr 3-9-20
Return to Register of Actions
rs99
5 년 전
The Commission finds that:
1. Hand is an attorney, whom the State of California admitted to practice law in
1986.
2. On June 11, 2019, an amended judgment of conviction was entered against Hand in United States v. Hand, No. 1:15-cr-10386-WGY, in the United States District Court for the District of Massachusetts, finding him guilty of two counts of conspiracy to commit securities fraud and wire fraud, in violation of Title 18, United States Code, Section 371; two counts of securities fraud, in violation of Title 15, United States Code, Sections 78j(b) and 78ff, and Title 17, Code of Federal Regulations, Section 240.10b-5, and Title 18, United States Code, Section 2; and two counts of wire fraud in violation of Title 18, United States Code, Sections 1343, 1349, and 2. Hand’s conviction arises out of, inter alia, his role in a scheme to pump and dump the 1 Rule 102(e)(2) provides in pertinent part: “Any attorney who has been suspended or disbarred by a court of the United States or of any State; . . . or any person who has been convicted of a felony or a misdemeanor involving moral turpitude shall be forthwith suspended from appearing or practicing before the Commission.” See 17 C.F.R. 201.102(e)(2).
2
publicly traded stock of Greenway Technology.
3. As a result of this conviction, Hand was sentenced to 66 months of imprisonment in a federal penitentiary and three years of supervised release, and ordered to pay restitution of $486,953.44 and a fine of $1,000,000.
scion
9 년 전
SEC Charges California Lawyer and Stock Promoter Behind Market Manipulation Scheme
http://www.sec.gov/litigation/litreleases/2015/lr23424.htm
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23424 / December 11, 2015
Securities and Exchange Commission v. Jehu Hand and Antonio Katz, Civil Action No. 1:15-cv-14109 (D. Mass. Dec. 10, 2015)
SEC Charges California Lawyer and Stock Promoter Behind Market Manipulation Scheme
The Securities and Exchange Commission has charged a California-licensed attorney and a stock promoter behind a pump-and-dump scheme that defrauded investors in Greenway Technology, a Las Vegas, Nevada-based company purporting to operate resorts for gay and lesbian travelers.
The SEC alleges that Jehu Hand and Antonio Katz and three additional participants carried out the scheme by, among other things, using one or more backdated debt assignments, or convertible promissory notes, to cause the issuance of millions of unrestricted shares of Greenway stock to entities and individuals under their control. Hand (or an attorney associated with him) then wrote and sent false legal opinion letters to brokerage and other firms transacting in Greenway stock to facilitate the issuance, depositing, and, ultimately, sale of the stock. These opinions represented, among other things, that Greenway was not a shell company. According to the complaint, all of the false opinion letters that Hand authored were designed to clear the way for Greenway stock held by the scheme participants to be sold, without restriction, to unsuspecting investors in the market.
The complaint also alleges that the defendants and their co-schemers secretly planned and orchestrated the sale of Greenway stock to the public at artificially inflated prices and without proper securities registration statements in effect by, among other things, generating news releases, promotional materials, or blast e-mails containing false, exaggerated or misleading information, and engaging in undisclosed coordinated trading of the stock. These steps in the overall scheme were designed to generate the appearance of demand for the stock and to increase its price, even though Greenway had no operations or assets at the time. Between August 2012 and January 2013, after the stock price had been pumped, the participants in the scheme sold more than twelve million net shares of Greenway stock, causing losses to the investing public of more than $850,000.
In a parallel case, the U.S. Attorney’s Office for the District of Massachusetts announced that a federal grand jury returned a criminal indictment against Hand for the same conduct alleged in the SEC’s complaint.
The SEC’s complaint charges Hand and Katz with violating the antifraud provisions of the federal securities laws in Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Section 17(a) of the Securities Act of 1933 (Securities Act). Hand and Katz also are charged with violating (and, in the case of Hand, aiding and abetting violations of) the securities registration provisions in Section 5(a) and 5(c) of the Securities Act. The SEC is seeking disgorgement of ill-gotten gains from the scheme plus interest and penalties as well as penny stock bars and permanent injunctions against further violations of the securities laws.
The SEC’s investigation was conducted by Michele T. Perillo and Mark Albers of the SEC’s Boston Regional Office. The SEC’s litigation will be led by Martin F. Healey. SEC attorneys Andrew J. Palid and Eric A. Forni have been appointed Special Assistant U.S. Attorneys in the parallel criminal case. The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of Massachusetts, Federal Bureau of Investigation, and Financial Industry Regulatory Authority.
http://www.sec.gov/litigation/litreleases/2015/lr23424.htm