Email Update on Gavin Campion from SEC
Currently, this case is still pending a final outcome. We cannot tell you when or if funds will be available for investors in this matter. If any distributions are made to investors as a result of the judgment, the SEC will publish such distributions at www.sec.gov/divisions/enforce/claims.htm. You may check for future information relating to possible investor distributions relating to the Civil Action on our website at: Information for Harmed Investors (www.sec.gov/divisions/enforce/claims.htm) and Commission Administrative Proceedings: Notice and Orders Pertaining to Disgorgement and Fair Funds (http://www.sec.gov/litigation/fairfundlist.htm).
Please note the SEC brings civil enforcement actions using the Division of Enforcement as the litigator for the SEC. The Division of Enforcement assists the Commission in executing its law enforcement function by recommending the commencement of investigations of securities law violations, by recommending that the Commission bring civil actions in federal court or before an administrative law judge, and by litigating these cases on behalf of the Commission.
As an adjunct to the SEC's civil enforcement authority, the Division works closely with law enforcement agencies in the U.S. and around the world to bring criminal cases when appropriate. Generally, SEC refers possible criminal cases to the U.S. Department of Justice (DOJ) for criminal prosecution. DOJ determines when and what criminal sanctions are appropriate in each case they prosecute.
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- Gavin Campion faces sentencing on Jan. 30 for falsifying $25M in stated revenue.
Gavin Campion faces sentencing on Jan. 30 for falsifying $25M in stated revenue., page-35
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