SEC Seeks Default Judgment V. PR Firm Wall Street

Law360, New York (September 8, 2009, 5:22 PM EDT) -- The U.S. Securities and Exchange Commission has asked for a default judgment against public relations firm Wall Street Communications Inc. for stock manipulation and the selling of unregistered securities.

In a motion Friday in the U.S. District Court for the Middle District of Florida, the SEC requests the default judgment against Tarpon Springs-based Wall Street.

The agency has also filed charges against Wall Street's founder, Howard Scala, as well as against former Telco executive Donald McKelvey and Arizona-based trader Ross Barall.

The defendants are charged with...
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