Securities Enforcement Empirical Database (SEED)

Defendant Name: Jeffery S. Fraser

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC v. NIC Inc., Jeffery S. Fraser, Harry H. Herington, and Eric J. Bur

First Document Date 12-Jan-2011

Initial Filing Format Civil Proceeding

Case Number 11-cv-02016

Allegation Type Issuer Reporting and Disclosure

Federal District Court Kansas, District of Kansas

Affiliations

Former: Director—Chairman at NIC Inc. (Until May 2008)
Former: Director—Disclosure Committee at NIC Inc. (Until September 2009)
Former: CEO at NIC Inc. (Until February 2008)

Violations Alleged

Exchange Act

• Sec 10(b) + Rule 10b-5

• Rule 13a-14

• Sec 13(b)(5)

• Sec 14(a)

• Rule 14a-3

• Rule 14a-9

Securities Act

• Sec 17(a)(1)

• Sec 17(a)(2)

• Sec 17(a)(3)

• Sec 17(a) (Not specified)

Other

• Rules 13b2-1, 13b2-2 Exchange Act

Related Violations Alleged

Jeffery S. Fraser is alleged to have aided and abetted NIC Inc.'s violation of Rule 12b-20 of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 12b-20 of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted NIC Inc.'s violation of Sec 13(a) of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(a) of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted NIC Inc.'s violation of Rule 13a-1 of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 13a-1 of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted NIC Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(b)(2)(A) of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted NIC Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.

Jeffery S. Fraser is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 13(b)(2)(B) of the Exchange Act.

Resolutions

Bars:

Bar from acting as Director or Officer of a public company (of unspecified duration)

First Resolution Date 18-Jan-2011

Headline Total Penalty and Disgorgement $2,818,090

Other Defendants in Action:

NIC Inc.

Eric J. Bur

Harry H. Herington

Related Actions:

SEC v. Stephen M. Kovzan

Stephen M. Kovzan

In the Matter of Eric J. Bur, CPA