Defendant Name: Bancinsurance Corporation

Defendant Type: Public Company

Document Reference: LR-21300

Document Details

Legal Case Name SEC v. Bancinsurance Corporation and John S. Sokol
Document Name SEC Charges Bancinsurance Corporation and its Senior Executive with Securities Fraud
Document Date 16-Nov-2009
Document Format Civil Proceeding
Case Number 09-cv-02155
Federal District Court District of Columbia, District of Columbia
AAER 3069
Allegation Type Issuer Reporting and Disclosure
Document Summary On November 16, 2009, the SEC published a litigation release announcing that it filed a settled complaint against Bancinsurance Corporation and John S. Sokol, charging them with "securities fraud and other violations of the federal securities laws."

Disgorgement & Penalty Information

Resolutions
Enjoinment

Related Documents:

comp21300 16-Nov-2009 Complaint
Complaint
On November 16, 2009, the SEC filed a complaint against Bancinsurance Corporation, and John S. Sokol. According to the SEC: "This case concerns a financial fraud at Bancinsurance Corporation, an Ohio-based insurance company. Defendant Bancinsurance Corporation ('Bancinsurance' or the 'Company') failed to account properly for more than $2 million of reinsurance claims and Bancinsurance's president, Defendant John S. Sokol ('Sokol'), failed to ensure that the Company's principal financial officer or its external auditors were informed of the claims."
court_doc5_09-cv-02155 19-Nov-2009 Court Docket Document
Final Judgment as to Defendant Bancinsurance Corporation
On November 19, 2009, Federal District Judge Colleen Kollar-Kotelly entered final judgment against Bancinsurance Corporation pursuant to the consent of Bancinsurance Corporation.

Other Defendants in Action:

John S. Sokol