Ex-Telco Exec Last Man Standing In SEC Case

Law360, New York (August 24, 2010, 4:14 PM EDT) -- Former Telco Technologies Inc. executive Donald R. McKelvey is the only defendant left in a securities fraud case the U.S. Securities and Exchange Commission filed against him and several alleged co-conspirators, now that broker Ross Barall has agreed to cough up nearly $70,000 to resolve the SEC's claims.

Judge James Moody Jr. of the U.S. District Court for the Middle District of Florida signed off on a final judgment against Barall on Monday.

Barall consented to the entry of the judgment without admitting or denying the...
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