Defendant Name:
Hector M. Absi, Jr.
Defendant Type:
Individual
Document Reference:
court_doc50_16-cv-00320
Document Details
Legal Case Name
SEC v. Hector Absi, Jr.
Document Name
Final Judgment
Document Date
31-Aug-2023
Document Format
Civil Proceeding
Case Number
16-cv-00320
Federal District Court
California, Eastern District of California
Federal District Judge
Daniel J. Calabretta
Allegation Type
Issuer Reporting and Disclosure
Disgorgement & Penalty Information
Resolutions
Enjoinment
The Court ordered that: "Based on Defendant’s sworn representations in his Statement of Financial Condition dated August 13, 2022, and other documents and information submitted to the Commission, however, payment of all but $6,000 of the disgorgement and pre-judgment interest thereon is waived."
Bars:
- Bar from acting as Director or Officer of a public company (of unspecified duration)
Monetary Penalties:
Disgorgement
Individual:
$12,000.00
Shared:
Pre-Judgment Interest
Individual:
$4,255.00
Shared:
