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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



California Central

Nature of Suit



James V. Selna

Date Filed

December 20, 2011

Law Firms


Government Agencies

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