Securities Enforcement Empirical Database (SEED)

Defendant Name: Dennis Kavelman

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC v. Research in Motion Limited, Dennis Kavelman, Arcangelo Loberto, James Balsillie and Mihal Lazaridis

First Document Date 17-Feb-2009

Initial Filing Format Civil Proceeding

Case Number 09-cv-00301

Allegation Type Issuer Reporting and Disclosure

Federal District Court District of Columbia, District of Columbia

Affiliations

Former: Vice President at Research in Motion Limited (February 1995—1997)
Current: COO at Research in Motion Limited
Former: CFO at Research in Motion Limited (1997—March 2007)
Former: Corporate Secretary at Research in Motion Limited (From 2004)

Violations Alleged

Exchange Act

• Sec 10(b) + Rule 10b-5

• Rule 13a-14

• Sec 13(b)(5)

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Rule 12b-20 of the Exchange Act.

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Sec 13(a) of the Exchange Act.

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Rule 13a-1 of the Exchange Act.

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Sec 13(b)(2)(A) of the Exchange Act.

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Sec 13(b)(2)(B) of the Exchange Act.

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

Dennis Kavelman is alleged to have aided and abetted Research in Motion Limited's violation of Rule 13a-16 Exchange Act.

Dennis Kavelman is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 13a-16 Exchange Act.

Resolutions

Bars:

Bar from acting as Director or Officer of a public company for 5 years

First Resolution Date 25-Mar-2009

Headline Total Penalty and Disgorgement $641,147

Other Defendants in Action:

Research in Motion Limited

Arcangelo Loberto

James Balsillie

Mihal Lazaridis

Related Actions:

In the Matter of Dennis Kavelman, C.A. and Arcangelo Loberto, C.A.

Dennis Kavelman