Radical Bunny Execs To Pay $3.7M In SEC Fraud Case

Law360, New York (April 12, 2011, 9:10 PM EDT) -- An Arizona federal judge on Tuesday ordered managers of bankrupt Radical Bunny LLC to pay $3.7 million over U.S. Securities and Exchange Commission claims that they offered unregistered securities that later tanked.

Judge Susan R. Bolton of the U.S. District Court for the District of Arizona granted the SEC summary judgment in its case against four Radical Bunny managing members — Tom Hirsch, Berta Walder, Howard Walder and Harish P. Shah.

The four committed “egregious, continuous, knowing and substantial federal securities laws violations” when they took...
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