Defendant Name: Cavco Industries, Inc.

Defendant Type: Public Company

Document Reference: LR-25196

Document Details

Legal Case Name SEC v. Cavco Industries, Inc.; Joseph Stegmayer; and Daniel Urness
Document Name EC Charges Public Company and Former Executives with Insider Trading, Internal Accounting Control Violations, and Misleading an Auditor
Document Date 03-Sep-2021
Document Format Civil Proceeding
Case Number 21-cv-01507
Federal District Court Arizona, District of Arizona
Allegation Type Insider Trading
Document Summary The SEC "announced insider trading charges against Arizona-based Cavco Industries, Inc., and its former CEO, Joseph Stegmayer. It also brought internal accounting control charges against Cavco, Stegmayer, and Cavco's former CFO, Daniel Urness. The SEC also charged Stegmayer and Urness with misleading Cavco's auditor about the trading and a related investigation."

Related Documents:

comp25196 02-Sep-2021 Complaint
Complaint
The SEC stated: "This matter involves insider trading by Cavco Industries, Inc. (“Cavco”) and by its former chief executive officer (“CEO”), Joseph Stegmayer (“Stegmayer”). Cavco bought shares of Skyline Corp. (“Skyline”) at Stegmayer’s direction while Skyline was in merger talks with Cavco and other potential acquirers."
court_doc71_21-cv-01507 23-Sep-2022 Court Docket Document
Final Judgment as to Defendant Cavco
The Court stated: "Defendant Cavco Industries, Inc., having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment".

Other Defendants in Action:

Joseph Stegmayer
Daniel Urness

Related Actions:

SEC v. Robert Scott Parkhurst
Robert Scott Parkhurst
In the Matter of Daniel Urness, CPA
Daniel Urness