Securities & Exchange Commission v. Chester Holdings, Ltd.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding requisite scienter when, inter alia, financial statements overstated value of four acquisitions by 156%, 36%, 50% and 191%
• ordering five-year officer and director bar in light of defendant’s role in the fraud and her first-time offender status
• imposing five-year ban on first-time offender because “the likelihood of future violations [was] not as clear”
• awarding SEC summary judgment on Rule 10b-5 and Section 17(a) claims where no reasonable jury could avoid finding of scienter
• imposing permanent bar where defendant profited $2,106,185.14 from securities fraud scheme
• disgorgement of over $2.1 million

Source: CourtListener parenthetical corpus (CC0).