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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: SIer formerly known as Joe B. who wrote (119810)5/4/2000 7:32:00 PM
From: Jim B  Read Replies (1) | Respond to of 119973
 
<<The SEC is seeking to force Park and his company to
disgorge allegedly ill-gotten gains, including prejudgment
interest; to impose civil penalties; and to bar the two from
engaging in these activities in the future.>>

SO does this mean that they are only seeking to punish him via fines and then by banning them from future trading practices like he had?? They aren't seeking out any criminal indictments? Maybe that comes later.. or maybe not at all.

Be hard to prosecute him criminally since the laws on what he did are pretty bland... thoughts?

jim