Defendant Name:
Microphase Corp.
Defendant Type:
Other
Document Reference:
33-8858
Document Details
Legal Case Name
In the Matter of Packetport.Com, Inc., Ronald Durando, Microphase Corp., Robert H. Jaffe, Gustave Dotoli, M. Christopher Agarwal, and Theodore Kunzog
Document Name
Order Instituting Cease-and- Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934
Document Date
18-Oct-2007
Document Format
Administrative Proceeding
Allegation Type
Securities Offering
Document Summary
According to the SEC: "In the course of this acquisition [of Linkon], Respondents PacketPort.com, Durando, Dotoli, Jaffe, Agarwal, Kunzog and Microphase violated Section 5 of the Securities Act, as described below. Moreover, Respondents Durando, Dotoli, and Jaffe, who were officers, directors, or beneficial owners of more than ten percent of the shares of PacketPort.com, did not file in a timely manner."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Disgorgement
Individual:
$700,000.00
Shared:
Other Defendants in Action:
