Securities Enforcement Empirical Database (SEED)

Defendant Name: Jasper Knabb

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC (Plaintiff) v. Pegasus Wireless Corporation, Jasper Knabb, and Stephen Durland (Defendants), and Aero-Marine, LLC and Tammy Knabb (Relief Defendants)

First Document Date 26-May-2009

Initial Filing Format Civil Proceeding

Case Number 09-cv-02302

Allegation Type Issuer Reporting and Disclosure

Federal District Court California, Northern District of California

Affiliations

Former: Director—Chairman at Pegasus Wireless Corporation
Former: CEO at Pegasus Wireless Corporation (July 2006—January 29, 2008)
Former: President at Pegasus Wireless Corporation (Until January 29, 2008)

Violations Alleged

Exchange Act

• Sec 10(b) + Rule 10b-5

• Rule 13a-14

• Sec 13(b)(5)

Securities Act

• Sec 5

• Sec 5(a)

• Sec 5(c)

• Sec 17(a)(1)

• Sec 17(a)(2)

• Sec 17(a)(3)

Other

• Section 16(a) Exchange Act; Rules 13b2-1, 16a-3 Exchange Act

Related Violations Alleged

Jasper Knabb is alleged to have aided and abetted Pegasus Wireless Corporation's violation of Rule 12b-20 of the Exchange Act.

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

Jasper Knabb is alleged to have aided and abetted Pegasus Wireless Corporation's violation of Sec 13(a) of the Exchange Act.

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

Jasper Knabb is alleged to have aided and abetted Pegasus Wireless Corporation's violation of Rule 13a-1 of the Exchange Act.

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

Jasper Knabb is alleged to have aided and abetted Pegasus Wireless Corporation's violation of Rule 13a-11 of the Exchange Act.

Jasper Knabb is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 13a-11 of the Exchange Act.

Jasper Knabb is alleged to have aided and abetted Pegasus Wireless Corporation's violation of Rule 13a-13 of the Exchange Act.

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

Resolutions

Bars:

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

First Resolution Date 23-Jul-2010

Other Defendants in Action:

Pegasus Wireless Corporation

Stephen Durland

Aero-Marine, LLC

Tammy Knabb