LexisNexis Overview: Under 15 U.S.C.S. § 78u(d)(1), a court found it
unnecessary to enjoin a CFO whom the SEC found liable for committing securities
fraud from violating the securities laws in the future because, although the
CFO gave false testimony under oath, there was little likelihood that he would
be hired by another publicly-traded corporation in the short term.
Counsel: For Securities and Exchange Commission, Plaintiff: Alan M. Lieberman,
Dean M. Conway, Reid A. Muoio, LEAD ATTORNEYS, Robert I. Dodge, U.S. Securities
and Exchange Commission, Washington, DC; Ellen E. Christensen, LEAD ATTORNEY,
U.S. Attorney's Office, Detroit, MI; Richard B. Skaff, Securities &
Exchange Commission, Washington, DC.
For Charles C. Conaway,
Defendant: Hille R. Sheppard, Scott R. Lassar, LEAD ATTORNEYS, Sidley, Austin,
Chicago, IL; John F. Sylvia, Mintz, Levin, Boston, MA; Todd R. Mendel, Barris,
Sott, Detroit, MI.
For John T. McDonald, Jr.,
Defendant: John F. Sylvia, McKenzie E. Webster, LEAD ATTORNEYS, Jessica C.
Sergi, Joseph P. Curtin, Mintz, Levin, Boston, MA; Hille R. Sheppard, LEAD
ATTORNEYS, Sidley, Austin, Chicago, IL.
D. Pepe, United States Magistrate Judge.
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