SEC Wants Ex-NFLer's Super Bowl Ring For $200K Penalty

Law360, New York (June 10, 2016, 5:35 PM EDT) -- The U.S. Securities and Exchange Commission on Friday asked a California court for permission to seize the Super Bowl ring of former NFL player Willie Gault after he was told to pay more than $200,000 for his role in a securities fraud scheme.

Gault in April was ordered to pay disgorgement and a civil penalty for duping an investor out of more than $100,000 during his time as co-CEO of a medical device company, but according to the SEC, he had not paid anything as of...
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Case Information

Case Title

Securities and Exchange Commission v. Heart Tronics Inc et al


Case Number

8:11-cv-01962

Court

California Central

Nature of Suit

Securities/Commodities

Judge

James V. Selna

Date Filed

December 20, 2011

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