SEC Strikes Consent Deals In Wachovia Brokers Case

Law360, New York (April 15, 2011, 3:50 PM EDT) -- Two former Wachovia Securities LLC brokers struck a deal Friday to end the U.S. Securities and Exchange Commission's North Carolina suit alleging they defrauded customers out of at least $8 million.

Judge Frank D. Whitney signed off on the SEC's consent judgments with William K. Harrison and Eddie W. Sawyers in the U.S. District Court for the Western District of North Carolina, approving an arrangement that bars the ex-Wachovia brokers from future securities and advising law violations.

Specifically, the defendants are enjoined from violating Section 17(a)...
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Case Information

Case Title

Securities and Exchange Commission

Case Number



North Carolina Western

Nature of Suit



Graham Mullen

Date Filed

December 14, 2010


Government Agencies

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