Selected matters · Government enforcement

Frederick M. Lehrer

Securities and commodities enforcement matters investigated, litigated, and prosecuted on behalf of the U.S. Securities and Exchange Commission, the United States Attorney’s Office, and the U.S. Commodity Futures Trading Commission.

40 matters / 1982–2000 / S.D. Fla. · M.D. Fla. · W.D. Tex. · SEC and CFTC administrative proceedings

2000
SECFederal court
SEC v. American Imaging, Inc., et al.
No. 00-0940-CIV-MORENO (S.D. Fla. 2000)
Fraudulent revenue and net income projections issued by an internet company.
Case details →
- Issuer fraud
- Financial projections
1999
SECAdministrative proceedingPrincipal litigator
In the Matter of Gerard Burns
Admin. Proc. File No. 3-9853 (Mar. 22, 1999)
Fraud and corporate reporting violations.
Case details →
- Issuer fraud
- Reporting violations
1998
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. James Zimmerman
(M.D. Fla. 1998)
Securities fraud, mail fraud, and wire fraud — the criminal track of the Old Naples Securities matters.
Case details →
- Mail and wire fraud
- Parallel proceeding
SECFederal courtPrincipal litigator
SEC v. Jack Wesley Savage and Princeton Research
No. 98-7175-CIV-DIMITROULEAS (S.D. Fla. 1998)
Fraud and illegal touting by a stock newsletter writer.
Case details →
- Stock touting
- Newsletter fraud
SECAdministrative proceedingPrincipal litigator
In the Matter of Howe, Solomon and Hall
Admin. Proc. File No. 3-9613 (May 28, 1998)
Excessive markups on municipal bond sales.
Case details →
- Municipal securities
- Excessive markups
SECAdministrative proceedingPrincipal litigator
In the Matter of Dean McDermott, Stephen Compos, and Daniel Shaffer
Admin. Proc. File No. 3-9540 (Jan. 30, 1998)
Fraud by registered representatives.
Case details →
- Registered representatives
- Sales practices
1997
SECAdministrative proceedingPrincipal litigator
In the Matter of James Zimmerman and Old Naples Securities, Inc.
Admin. Proc. File No. 3-9233 (Feb. 3, 1997)
Misappropriation, securities fraud, and broker-dealer books-and-records violations.
Case details →
- Misappropriation
- Broker-dealer records
- Parallel proceeding
SECAdministrative proceedingPrincipal litigator
In the Matter of Angel Lorie and Diversified Capital Resources
Admin. Proc. File No. 3-9463 (Sept. 30, 1997)
Recklessness by a sales agent in the sale of stock to overseas investors.
Case details →
- Sales practices
- Cross-border offering
SECFederal courtPrincipal litigator
SEC v. VDS Enterprises, et al.
No. 97-3111-CIV-MOORE (S.D. Fla. 1997)
Securities fraud, reporting violations, and fraudulent financial statements.
Case details →
- Issuer fraud
- Financial statements
- Reporting violations
1996
U.S. AttorneyCriminal prosecutionSpecial Assistant U.S. Attorney
United States v. Hugh Keith and Steven Wolis
No. 96-5204-CRIM-ZLOCH (S.D. Fla. 1996)
Securities fraud, mail fraud, wire fraud, insider trading, money laundering, perjury, and obstruction of justice.
Case details →
- Insider trading
- Money laundering
- Obstruction
SECFederal courtPrincipal litigator
SEC v. Old Naples Securities, Inc. and James Zimmerman
No. 96-304-CIV-FTM-17D (M.D. Fla. 1996)
Misappropriation, securities fraud, and broker-dealer books-and-records violations.
Case details →
- Misappropriation
- Broker-dealer records
- Parallel proceeding
c. 1996
SECAdministrative proceedingPrincipal litigator
In the Matter of Robert McClernon
Admin. Proc. File No. 3-9094
Accountant liability and fraudulent financial statements.
Case details →
- Accountant liability
- Financial statements
1995
SECFederal courtPrincipal litigator
SEC v. Keith Group of Companies, Inc., et al.
No. 95-6702-CIV-GONZALEZ (S.D. Fla. 1995)
Securities fraud, fraudulent financial statements, reporting violations, and illegal insider trading.
Case details →
- Insider trading
- Financial statements
- Reporting violations
1994
SECFederal courtPrincipal litigator
SEC v. Thomas Kovalchek
No. 94-8553-CIV-RYSKAMP (S.D. Fla. 1994)
Fraudulent sale of unregistered promissory note securities.
Case details →
- Promissory notes
- Unregistered offering
SECFederal courtPrincipal litigator
SEC v. Sidney Levine
No. 94-6898-CIV-ZLOCH (S.D. Fla. 1994)
Fraud in the sale of unregistered securities.
Case details →
- Unregistered offering
SECAdministrative proceedingPrincipal litigator
In the Matter of Robert Hillard
Admin. Proc. File No. 3-8506 (Sept. 30, 1994)
Failure to supervise registered representatives.
Case details →
- Failure to supervise
- Broker-dealer
SECAdministrative proceedingPrincipal litigator
In the Matter of Henry Alton Sorrow
Admin. Proc. File No. 3-8497 (Sept. 29, 1994)
Distribution of a fraudulent prospectus.
Case details →
- Fraudulent prospectus
1993
SECAdministrative proceedingPrincipal litigator
In the Matter of Jamie S. Gomez
Admin. Proc. File No. 3-8168 (Sept. 24, 1993)
Net capital violations by a securities broker-dealer.
Case details →
- Net capital
- Broker-dealer
SECAdministrative proceedingPrincipal litigator
In the Matter of David Shihada
Admin. Proc. File No. 3-2493 (June 21, 1993)
Distribution of fraudulent press releases.
Case details →
- Fraudulent press releases
1991
SECFederal courtPrincipal litigator
SEC v. Pak-Man Resources, Inc.
No. 91-6744-CIV-MOORE (S.D. Fla. 1991)
Fraudulent distribution of Canadian stocks.
Case details →
- Cross-border offering
- Distribution fraud
1990
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. Oscar Gomez
No. CR-90627 (S.D. Fla. 1990)
Criminal sale of unregistered securities by a government securities dealer.
Case details →
- Government securities
- Unregistered offering
1989
SECFederal courtPrincipal investigator
SEC v. World Resources International, Inc.
No. 89-0157-CIV-ATKINS (S.D. Fla. 1989)
Dissemination of fraudulent financial statements claiming assets of $100 million.
Case details →
- Financial statements
- Issuer fraud
SECFederal courtPrincipal investigator
SEC v. Elliott
No. 89-65-CIV-FTM-3A22 (M.D. Fla. 1989)
Fraudulent sale of $64 million of unregistered securities.
Case details →
- Unregistered offering
- Parallel proceeding
1988
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. Elliott
No. 88-12-13-CR-SPELLMAN (S.D. Fla. 1988)
Criminal matter involving the sale of $64 million of unregistered securities.
Case details →
- Unregistered offering
- Parallel proceeding
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. Nagorniak
No. 88-3-0394-CR-NCR (S.D. Fla. 1988)
Criminal matter involving the sale of interests in a fraudulent gold mining venture.
Case details →
- Gold mining venture
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. Kenning
No. CR-87-8081 (S.D. Fla. 1988)
Criminal matter involving the sale of unregistered securities by registered representatives.
Case details →
- Unregistered offering
- Parallel proceeding
SECFederal courtInvestigator
SEC v. Hernandez
No. 88-2135-CIV-RYSKAMP (S.D. Fla. 1988)
Sale of unregistered securities by a registered representative.
Case details →
- Unregistered offering
- Registered representatives
SECFederal courtInvestigator
SEC v. Rehtorik
No. 88-0735-CIV-HOEVELER (S.D. Fla. 1988)
Sale of unregistered securities by a government securities dealer.
Case details →
- Government securities
- Unregistered offering
SECFederal courtInvestigator
SEC v. Horizons Research Laboratories and Anant K. Nigam
No. 88-6144-CIV-ZLOCH (S.D. Fla. 1988)
Misrepresentation in the sale of limited partnership interests.
Case details →
- Limited partnerships
- Misrepresentation
1987
SECFederal courtInvestigator
SEC v. Belton
No. 87-1890-F13C-CIV (M.D. Fla. 1987)
Sale of unregistered securities in a fraudulent gold mining venture.
Case details →
- Gold mining venture
- Unregistered offering
1986
SECFederal courtInvestigator
SEC v. Kenning
No. 86-6633-CIV-PAINE (S.D. Fla. 1986)
Sale of unregistered securities by registered representatives.
Case details →
- Unregistered offering
- Parallel proceeding
1985
SECFederal courtInvestigator
SEC v. R.H. Stewart and Co.
No. 85-6756-CIV-GONZALEZ (S.D. Fla. 1985)
Misappropriation and fraud by a broker-dealer.
Case details →
- Misappropriation
- Broker-dealer
SECFederal courtPrincipal investigator
SEC v. Western Gold, Inc.
No. 85-3505-CIV-TS (S.D. Fla. 1985)
Sale of interests in a fraudulent gold mining venture.
Case details →
- Gold mining venture
SECFederal courtInvestigator
SEC v. Fisher
No. 84-819-CIV-T-17 (M.D. Fla. 1985)
Sale of unregistered securities by a registered representative.
Case details →
- Unregistered offering
- Registered representatives
1983
U.S. AttorneyCriminal prosecutionAssisted the U.S. Attorney's Office
United States v. Sawyer
No. 83-6028-CR-JWK (S.D. Fla. 1983)
Criminal matter involving mail fraud and commodities fraud by a commodity pool operator.
Case details →
- Commodity pool
- Mail fraud
CFTCAdministrative proceedingPrincipal investigator
In re Stanford Management Corp.
CFTC Docket No. 83-18
Fraud and churning by a commodity pool operator.
Case details →
- Commodity pool
- Churning
CFTCFederal courtPrincipal investigator
CFTC v. Falk
No. 83-2425-CIV-SA (W.D. Tex. 1983)
Fraud by an unregistered commodity pool operator.
Case details →
- Commodity pool
- Unregistered operator
CFTCFederal courtPrincipal investigator
CFTC v. Zipkin
2 Comm. Fut. L. Rep. (CCH) ¶21,807 (S.D. Fla. 1983)
Fraud by a commodity pool operator.
Case details →
- Commodity pool
1982
CFTCFederal courtPrincipal investigator
CFTC v. American Commodity Group Corp.
No. 82-6108-CIV-NCR (S.D. Fla. 1982)
Sale of “off-exchange” futures contracts.
Case details →
- Off-exchange futures
CFTCFederal courtPrincipal investigator
CFTC v. National Monetary Fund
No. 82-2062-CIV-JLK (S.D. Fla. 1982)
Fraud by a commodity trading advisor.
Case details →
- Commodity trading advisor

SEC v. American Imaging, Inc., et al.

In the Matter of Gerard Burns

United States v. James Zimmerman

SEC v. Jack Wesley Savage and Princeton Research

In the Matter of Howe, Solomon and Hall

In the Matter of Dean McDermott, Stephen Compos, and Daniel Shaffer

In the Matter of James Zimmerman and Old Naples Securities, Inc.

In the Matter of Angel Lorie and Diversified Capital Resources

SEC v. VDS Enterprises, et al.

United States v. Hugh Keith and Steven Wolis

SEC v. Old Naples Securities, Inc. and James Zimmerman

In the Matter of Robert McClernon

SEC v. Keith Group of Companies, Inc., et al.

SEC v. Thomas Kovalchek

SEC v. Sidney Levine

In the Matter of Robert Hillard

In the Matter of Henry Alton Sorrow

In the Matter of Jamie S. Gomez

In the Matter of David Shihada

SEC v. Pak-Man Resources, Inc.

United States v. Oscar Gomez

SEC v. World Resources International, Inc.

SEC v. Elliott

United States v. Elliott

United States v. Nagorniak

United States v. Kenning

SEC v. Hernandez

SEC v. Rehtorik

SEC v. Horizons Research Laboratories and Anant K. Nigam

SEC v. Belton

SEC v. Kenning

SEC v. R.H. Stewart and Co.

SEC v. Western Gold, Inc.

SEC v. Fisher

United States v. Sawyer

In re Stanford Management Corp.

CFTC v. Falk

CFTC v. Zipkin

CFTC v. American Commodity Group Corp.

CFTC v. National Monetary Fund