Defendant Name: Kimon P. Daifotis

Defendant Type: Individual

Initial Case Details

Legal Case Name SEC v. Kimon P. Daifotis and Randall Merk
First Document Date 11-Jan-2011
Initial Filing Format Civil Proceeding
Case Number 11-cv-00137
Allegation Type Securities Offering
Federal District Court California, Northern District of California

Affiliations

Violations Alleged

Exchange Act
Sec 10(b) + Rule 10b-5
Securities Act
Sec 17(a)(2)
Sec 17(a) (Not specified)
Other
Section 34(b) Investment Company Act

Related Violations Alleged

Kimon P. Daifotis is alleged to have aided and abetted Charles Schwab & Co., Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Kimon P. Daifotis is alleged to have aided and abetted Charles Schwab Investment Management's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Kimon P. Daifotis is alleged to have aided and abetted Charles Schwab & Co., Inc.'s violation of Section 206(4), Rule 206(4)-8 Advisers Act; Section 13(a), 34(b) Investment Company Act (willfully/knowingly).
Kimon P. Daifotis is alleged to have aided and abetted Charles Schwab Investment Management's violation of Section 206(4), Rule 206(4)-8 Advisers Act; Section 13(a), 34(b) Investment Company Act (willfully/knowingly).

Resolutions

First Resolution Date 17-Jul-2012
Headline Total Penalty and Disgorgement $475,000

Related Documents:

comp21805 11-Jan-2011 Complaint
Complaint
court_doc204_11-cv-00137 17-Jul-2012 Court Docket Document
Final Judgment as to Defendant Kimon P. Daifotis

Other Defendants in Action:

Related Actions:

In the Matter of Charles Schwab Investment Management; Charles Schwab & Co., Inc; and Schwab Investments
SEC v. Charles Schwab Investment Management, Inc.; Charles Schwab & Co., Inc; and Schwab Investments
In the Matter Randall Merk
In the Matter of Kimon P. Daifotis