Investment Co. Sanctioned For Failing To Produce Docs

Law360, New York (August 15, 2011, 9:58 PM EDT) -- An Illinois federal judge on Monday sanctioned Brewer Investment Group LLC and others involved in an alleged $5.6 million promissory note fraud for not handing over documents requested by the U.S. Securities and Exchange Commission.

U.S. District Judge Blanche M. Manning adopted a magistrate judge's recommendation holding BIG, its CEO Steven Brewer, its Chief Operating Officer Adam Erickson and two Brewer-related entities in contempt for failing to provide documents and for not preserving documents as instructed in an Oct. 29 order.

The order, which the SEC...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

United States Securities And Exchange Commission v. Brewer et al


Case Number

1:10-cv-06932

Court

Illinois Northern

Nature of Suit

850(Securities/Commodities)

Judge

Honorable John Z. Lee

Date Filed

October 28, 2010

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.