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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (6999)	1/21/2005 2:19:11 PM
From: StockDung	Respond to of 12465

Notice Ives Heath promoter can come back within three years: "The final judgment in the Commission's action, to which Kosta consented, permanently enjoins him from violating the registration and antifraud provisions of the securities laws, orders him to pay disgorgement of $427,468, the proceeds from his sale of Ives Health stock, plus prejudgment interest in the amount of $91,750. The judgment waives payment of all but $50,000 based on Kosta's inability to pay. The judgment further bars Kosta from participating in any offering of a penny stock for three years."