Securities Enforcement Empirical Database (SEED)

Defendant Name: I. John Benson

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC v. DGSE Companies Inc. and I. John Benson

First Document Date 27-May-2014

Initial Filing Format Civil Proceeding

Case Number 14-cv-01909

Allegation Type Issuer Reporting and Disclosure

Federal District Court Texas, Northern District of Texas

Affiliations

Former: CFO at DGSE Companies Inc.

Violations Alleged

Exchange Act

• Sec 10(b) + Rule 10b-5

• Sec 13(a)

• Rule 13a-14

• Sec 13(b)(5)

Securities Act

• Sec 17(a)(1)

• Sec 17(a)(2)

• Sec 17(a)(3)

Other

• Rules 13b2-1, 13b2-2(a) Exchange Act

Related Violations Alleged

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Rule 12b-20 of the Exchange Act.

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

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Sec 13(a) of the Exchange Act.

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

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Rule 13a-1 of the Exchange Act.

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

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Rule 13a-13 of the Exchange Act.

I. John Benson is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 13a-13 of the Exchange Act.

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Sec 13(b)(2)(A) of the Exchange Act.

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

I. John Benson is alleged to have aided and abetted DGSE Companies Inc. 's violation of Sec 13(b)(2)(B) of the Exchange Act.

I. John Benson 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 permanent duration)

First Resolution Date 02-Jun-2014

Headline Total Penalty and Disgorgement $75,000

Other Defendants in Action:

DGSE Companies Inc.

Related Actions:

In the Matter of I. John Benson, CPA

I. John Benson

In the Matter of Dr. L.S. Smith

L.S. Smith