2008-06-23 sec-litreleases litigation_release 64 KB 1,949 chars

SEC v. Andrew S. Mackey; and Inger L. Jensen, No. LR-20627, Northern District of Georgia (June 23, 2008) — Press Release

raw: Andrew S. Mackey and Inger L. Jensen

Andrew S. Mackey and Inger L. Jensen, No. 1:08-CV-2068 (June 23, 2008)

Caption
SEC v. Andrew S. Mackey, et al.
Source JSON
summary

The SEC filed a subpoena enforcement action against Andrew S. Mackey and Inger L. Jensen for failing to produce documents or testify in the ASM Financial Funding Corporation investigation.

paragraph

The U.S. Securities and Exchange Commission filed a subpoena enforcement action in the Northern District of Georgia against Andrew S. Mackey and Inger L. Jensen for failing to comply with subpoenas issued on March 6, 2008. The subpoenas required the defendants to produce documents by March 14, 2008, and appear for testimony on April 1, 2008, regarding an investigation into ASM Financial Funding Corporation. The SEC is seeking a court order compelling Mackey and Jensen to show cause why they should not be forced to obey the subpoenas related to potential anti-fraud and securities registration violations.

narrative

The U.S. Securities and Exchange Commission filed a subpoena enforcement action in the U.S. District Court for the Northern District of Georgia against Andrew S. Mackey and Inger L. Jensen. This legal action was initiated because the defendants failed to produce required documents or appear for testimony as mandated by subpoenas issued on March 6, 2008. The underlying investigation, designated as a Formal Order on February 21, 2008, examines whether Mackey, Jensen, or associated entities violated federal anti-fraud and securities registration provisions in connection with ASM Financial Funding Corporation. Specifically, the defendants were obligated to produce documents by March 14, 2008, and appear for testimony at the Atlanta Regional Office on April 1, 2008. Neither party complied with these requirements, prompting the Commission to file an Application for an Order to Show Cause and for an Order Requiring Obedience to Subpoenas. The SEC alleges that the failure to comply undermines the investigation into potential securities law violations. The Commission is seeking a court order directing Mackey and Jensen to show cause why they should not be compelled to appear and produce the requested documents.

Enriched metadata

Scheme
obstruction (95%)
Court
Northern District of Georgia
Case No.
1:08-CV-2068
Entity
Andrew S. Mackey and Inger L. Jensen
Classified obstruction(confidence 95%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
Securities and Exchange CommissionAndrew S. MackeyInger L. Jensen
Keywords
mackeyjensencommissionandrew mackeymackey ingeringer jensensecurities exchangeexchange commissionmackey jensensecuritiesorderappear testimonyandrewingertestimony

Extracted insights

Entities 2
  • agency Securities and Exchange Commission
  • organization Securities and Exchange Commission
Triples 1
  • Securities and Exchange Commission filed a subpoena enforcement action against Andrew S. Mackey and Inger L. Jensen for failing to produce documents or appear for testimony
View original SEC litigation releasesec.gov
Extracted body text (1,949c) 
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 20627 / June 23, 2008 Securities and Exchange Commission v. Andrew S. Mackey and Inger L. Jensen, Civil Action No. 1:08-CV-2068 (N.D. Ga. June 20, 2008) Securities and Exchange Commission Files Subpoena Enforcement Action Andrew S. Mackey and Inger L. Jensen Fail To Produce Documents or Appear For Testimony Before Commission Staff The Securities and Exchange Commission today announced that on June 20, 2008, it filed a subpoena enforcement action in the U. S. District Court for the Northern District of Georgia against Andrew S. Mackey ("Mackey") and Inger L. Jensen ("Jensen"). Pursuant to subpoenas issued on March 6, 2008, Mackey and Jensen were obligated to produce documents to the staff by March 14, 2008, and appear for testimony at the Atlanta Regional Office of the Commission on April 1, 2008. Neither Mackey nor Jensen produced any documents pursuant to the subpoenas, and neither appeared for testimony as required. Accordingly, the Commission filed its Application for an Order to Show Cause and for an Order Requiring Obedience to Subpoenas, along with a supporting Memorandum and Declaration. In its Application and supporting filings, the Commission alleges that on February 21, 2008, the Commission issued its Order Directing Private Investigation and Designating Officers to Take Testimony ("Formal Order") in the ASM Financial Funding Corporation investigation ("ASM"). The Formal Order authorizes the staff to conduct an investigation into whether, among other things, Mackey and Jensen, or certain other persons and entities associated with ASM, violated the anti-fraud and securities registration provisions of the federal securities laws. Pursuant to its Application, the Commission is seeking an Order directing Mackey and Jensen to show cause why the Court should not enter an Order requiring them to appear for testimony and produce the required documents.
OCR text (1,949c · html-text · 99% conf) 
U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 20627 / June 23, 2008 Securities and Exchange Commission v. Andrew S. Mackey and Inger L. Jensen, Civil Action No. 1:08-CV-2068 (N.D. Ga. June 20, 2008) Securities and Exchange Commission Files Subpoena Enforcement Action Andrew S. Mackey and Inger L. Jensen Fail To Produce Documents or Appear For Testimony Before Commission Staff The Securities and Exchange Commission today announced that on June 20, 2008, it filed a subpoena enforcement action in the U. S. District Court for the Northern District of Georgia against Andrew S. Mackey ("Mackey") and Inger L. Jensen ("Jensen"). Pursuant to subpoenas issued on March 6, 2008, Mackey and Jensen were obligated to produce documents to the staff by March 14, 2008, and appear for testimony at the Atlanta Regional Office of the Commission on April 1, 2008. Neither Mackey nor Jensen produced any documents pursuant to the subpoenas, and neither appeared for testimony as required. Accordingly, the Commission filed its Application for an Order to Show Cause and for an Order Requiring Obedience to Subpoenas, along with a supporting Memorandum and Declaration. In its Application and supporting filings, the Commission alleges that on February 21, 2008, the Commission issued its Order Directing Private Investigation and Designating Officers to Take Testimony ("Formal Order") in the ASM Financial Funding Corporation investigation ("ASM"). The Formal Order authorizes the staff to conduct an investigation into whether, among other things, Mackey and Jensen, or certain other persons and entities associated with ASM, violated the anti-fraud and securities registration provisions of the federal securities laws. Pursuant to its Application, the Commission is seeking an Order directing Mackey and Jensen to show cause why the Court should not enter an Order requiring them to appear for testimony and produce the required documents.