Legal Opinion
Securities & Exchange Commission v. Druffner
District Court, D. Massachusetts
Decided July 7, 2011No. Civil Action 03-12154-NMGPublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM! & ORDER
GORTON, District Judge.
The Securities and Exchange Commission (“the SEC”) brought a civil enforcement action against six individuals who violated securities laws by engaging in market timing activities through false statements and intentional misrepresentations. Pending before the Court is the SEC’s motion for disgorgement, prejudgment interest and civil penalties as to defendants Martin J. Druffner (“Druffner”) and Skifter Ajro (“Ajro”).
I. Background
A. Factual Background
For the purposes of the pending motion, the allegations in the Amended Complaint are taken as true:
At…
2Cases cited6 opinions
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Securities & Exchange Commission v. SargentCourt of Appeals for the First Circuit · 2003
- Securities & Exchange Commission v. DruffnerDistrict Court, D. Massachusetts · 2007
- SEC v. HappCourt of Appeals for the First Circuit · 2006
1 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Securities & Exchange Commission v. EspositoDistrict Court, D. Massachusetts · 2017
- Securities & Exchange Commission v. Tropikgadget FZE.District Court, D. Massachusetts · 2015
- U.S. Sec. & Exch. Comm'n v. JohnstonDistrict Court, District of Columbia · 2019
- US SEC v. Hor Chong (David) BoeyDistrict Court, D. New Hampshire · 2013
- SEC v. Allen SmithDistrict Court, D. New Hampshire · 2015
6 more not listed; retrieve them via the Exa API.