Defendant Name:
Delta Asset Management Company, LLC
Defendant Type:
Other
Document Reference:
comp18643
Document Details
Legal Case Name
SEC v. Syndicated Food Service International, Inc., Nick Pirgousis, Frank Dolney, William Brown, Gary Todd, Mario Casias, Delta Asset Management Company, LLC, William Keeler, William Scott, Iain H.T. Brown, Iain Brown, Fidra Holdings Ltd., Jeffrey Richardson, Peter Moulinos, Michelle Kramish Kain, Joseph Ferragamo, Adam Klein, Christopher Quintana, and Thomas Tanis
Document Name
Complaint
Document Date
30-Mar-2004
Document Format
Civil Proceeding
Case Number
04-cv-01303
Federal District Court
New York, Eastern District of New York
Allegation Type
Market Manipulation
Document Summary
According to the SEC: "Pirgousis and Dolney orchestrated a massive broker bribery scheme involving the stock of nine public companies, including Syndicated. Through the use of domestic and offshore nominee brokerage accounts, Pirgousis and Dolney sold stock surreptitiously into the public market for personal gain and paid undisclosed kickbacks (often in the form of stock and cash) to boiler rooms responsible for selling the stock to the public. To conceal their control over large blocks of Syndicated stock, Pirgousis and Dolney also filed false and misleading periodic reports with the Commission on Syndicated's behalf and failed to file disclosures with the Commission identifying the stock they beneficially owned."
Other Defendants in Action:
