Securities and Exchange Commission v. Ben-Wal Leasing Company et al
| Securities and Exchange Commission |
| Jerry E. Benson, Ben-Wal Management, Inc., Ben-Wal Leasing Company, CTR Web Printing, Inc. and Scott W. Benson |
| 2:2009cv06223 |
| August 26, 2009 |
| US District Court for the Central District of California |
| Western Division - Los Angeles Office |
| Los Angeles |
| Olguin |
| Wright |
| Other |
| 15 U.S.C. ยง 78 m(a) Securities Exchange Act |
| None |
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The following documents for this case are available for you to view or download:
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Filing
85
FINAL JUDGMENT RE DISGORGEMENT AND CIVIL PENALTIES by Judge Otis D Wright, II, in favor of Securities and Exchange Commission against Jerry E. Benson. that Defendant is liable for disgorgement of $2.3 million, representing profits gained as a result of the conduct alleged in the Complaint, together with prejudgment interest thereon in the amount of $205,372.05, for a total of $2,505,372.05. In partial satisfaction of his disgorgement obligation, Defendant is further ordered to transfer to the Court-appointed Receiver in this action the following property: a. With respect to the $20,000 being held in the attorney trust account of the Law Office of Stephen L. Belgum, Defendant shall execute that certain Stipulation Amon g Receiver, Defendant Jerry E. Benson and the Law Office of Stephen L. Belgum for OrderAuthorizing Payment of Insurance Proceeds to Receiver.In exchange for Defendants transfer of the aforementioned funds to the Court-appointed Receiver, the Court cr edits the Defendant with partial payment ofhis disgorgement obligation in the amount of $20,000.00, which the Securities and Exchange Commission believes is the fair market value of the aforementionedproperty. FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant shall pay a civil penalty in the amount of $130,000.00 within 14 days after entry of this final judgment. (see document for specific requirements and instructions). (MD JS-6 (MD JS-6, Case Terminated). (lc)
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Filing
82
FINAL JUDGMENT RE MONETARY RELIEF AGAINST BEN-WAL LEASING COMPANY AND BEN-WAL MANAGEMENT, INC. by Judge Otis D Wright, II:Defendants are liable for disgorgement, in an amount equal to the amount collected by the Court-appointed receiver in this action, as set forth in the receivers final report. (lc)
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Filing
74
ORDER TO SHOW CAUSE by Judge Otis D Wright, II( Show Cause Hearing set for 1/3/2011 01:30 PM before Judge Otis D Wright II.) The Pretrial Conference and Bench Trial are hereby VACATED. (rne)
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Filing
44
JUDGMENT AGAINST BEN-WAL LEASING COMPANY, BEN-WAL MANAGEMENT, INC., ANDJERRY E. BENSON UPON CONSENT RE PERMANENTLY RESTRAINED AND ENJOINED FROM VIOLATION SECURITIES ACT; Defendant shall pay disgorgement of ill-gotten gains, prejudgment interest there on, and a civil penalty. The Court shall determine the amounts of the disgorgement and civil penalty upon motion of the Commission. Prejudgment interest shall be calculated from January 1, 2004, based on the rate of interest used by the Internal Revenue Service (see document for specifics) by Judge Otis D Wright, II (lc)
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Filing
16
ORDER OF PRELIMINARY INJUNCTION AND ORDERS as to defendants Ben-Wal Leasing and Benson, and their officers, agents,etc. (1) CONTINUING ASSET FREEZE, (2)PROHIBITING THE DESTRUCTION OF DOCUMENTS, (3) REQUIRING ACCOUNTINGS,(4) GRANTING EXPEDITED DISCOVERY, AND (5) APPOINTING Dennis M Murphy as PERMANENT RECEIVER and(6) VACATING HEARING THEREON of 9/4/09 1:30 PM by Judge Otis D Wright, II (see document for specifics) (lc)
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