Securities Enforcement Empirical Database (SEED)

Defendant Name: Packetport.com, Inc.

Defendant Type: Other

Initial Case Details

Legal Case Name SEC v. PacketPort.com, Inc., Ronald Durando, PacketPort, Inc., Microphase Corp., Robert H. Jaffe, Gustave Dotoli, IP Equity, Inc., M. Christopher Agarwal, Theodore Kunzog, and William Coons, III

First Document Date 15-Nov-2005

Initial Filing Format Civil Proceeding

Case Number 05-cv-01747

Allegation Type Market Manipulation

Federal District Court Connecticut, District of Connecticut

Violations Alleged

Exchange Act

• Rule 12b-20

• Sec 13(a)

• Rule 13a-1

• Rule 13a-13

Securities Act

• Sec 17(a) (Not specified)

Additionally, Ronald Durando is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 12b-20 of the Exchange Act.

Robert H. Jaffe is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 12b-20 of the Exchange Act.

Gustave Dotoli is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 12b-20 of the Exchange Act.

Ronald Durando is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(a) of the Exchange Act.

Robert H. Jaffe is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(a) of the Exchange Act.

Gustave Dotoli is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(a) of the Exchange Act.

Ronald Durando is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-1 of the Exchange Act.

Robert H. Jaffe is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-1 of the Exchange Act.

Gustave Dotoli is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-1 of the Exchange Act.

Ronald Durando is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-13 of the Exchange Act.

Robert H. Jaffe is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-13 of the Exchange Act.

Gustave Dotoli is alleged to have aided and abetted Packetport.com, Inc.'s violation of Rule 13a-13 of the Exchange Act.

Ronald Durando is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.

Robert H. Jaffe is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.

Gustave Dotoli is alleged to have aided and abetted Packetport.com, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.

Resolutions

First Resolution Date 16-Aug-2007

Related Documents:

complaint_05-cv-01747 15-Nov-2005 Complaint

Complaint

The SEC alleged that: "... PacketPort.com, Inc. ("PacketPort.com"), Ronald Durando ..., PacketPort, Inc., Microphase Corp. ..., Robert H. Jaffe ..., Gustave Dotoli ..., IP Equity, Inc. ..., M. Christopher Agarwal ..., and Theodore Kunzog ... executed a fraudulent "pump and dump" market manipulation scheme, aided and abetted by ... William Coons III ..., involving the illegal sale of PacketPort.com common stock from about December 14, 1999, into February 2000. The scheme included, among others acts, acquiring majority control of a failed and indebted public company, changing the company's name, laundering restrictive legends from stock certificates representing restricted and affiliate-owned stock, pumping up the trading price of the company's stock through false publicity, and selling restricted stock to the public at artificially-inflated prices for large profits...."

court_doc237_05-cv-01747 16-Aug-2007 Court Docket Document

Stipulation of Dismissal

Other Defendants in Action:

Ronald Durando

PacketPort, Inc.

Microphase Corp.

Robert H. Jaffe

Gustave Dotoli

IP Equity, Inc.

M. Christopher Agarwal

Theodore Kunzog

William Coons III

Related Actions:

In the Matter of PacketPort.com, Inc., Ronald Durando, MicrophaseCorp., Robert H. Jaffe, Gustave Dotoli, M. Christopher Agarwal, and Theodore Kunzog