Defendant Name:
Pegasus Wireless Corporation
Defendant Type:
Public Company
Document Reference:
LR-21060
Document 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)
Document Name
SEC Charges Wireless Company Executives in $30 Million Stock Dumping Scheme
Document Date
27-May-2009
Document Format
Civil Proceeding
Case Number
09-cv-02302
Federal District Court
California, Northern District of California
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC "announced the filing of
securities fraud charges against Pegasus Wireless Corporation and two of its
senior officers who defrauded investors by illegally selling hundreds of
millions of Pegasus shares they secretly controlled and lying about the
transactions in company filings."
Other Defendants in Action: