SEC v. POWERTRADERSPRESS.COM, INC.; ELITE STOCK RESEARCH, INC.; ERIK MATZ; RONALD HARDY; ANTHONY VASSALLO; STEPHANIE LEE, et al., No. 2:17-cv-04133, Eastern District of New York (Sept. 21, 2020) — Judgment

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF NEW YORK

SECURITIES AND EXCHANGE COMMISSION,

 Plaintiff,

v.

POWERTRADERSPRESS.COM, INC., ELITE
STOCK RESEARCH, INC., ERIK MATZ,
RONALD HARDY, ANTHONY VASSALLO,
STEPHANIE LEE, JEFFREY CHARTIER,
LAWRENCE D. ISEN, ROBERT GLECKMAN,
MICHAEL WATTS, BRIAN HEEPKE,
DENNIS J. VERDEROSA, EMIN COHEN,
SERGIO RAMIREZ, ASHLEY ANTOS,

                                          Defendants,
              and

HERMANN MATZ, JOSEPH MATZ,
BRITTNEY BALLESTAS, MELISSA
KURTZKE, JANINE ACOSTA, TYPE A
PARTNERS, INC., STRATEGIC CAPITAL
MARKETS, INC., MARKETBYTE LLC, SNAP
OR TAP PRODUCTIONS, LLC, DACONA
FINANCIAL LLC,
TRADEMASTERSPRO.COM, INC.,
MYSTREETRESEARCH.COM, INC.,
REVOLVING VENTURES LLC,
TRADEMASTERS CONSULTING, INC., BIG
LITTLE CONSULTING, INC., BCBALL, INC.,
GABRON TRANSPORT CORP., PTP
CONSTRUCTION CORP., TERRYVILLE
SYSTEMS, INC., MKKMMKKM, INC., TREK
PARTNERS LLC, RKRG, INC., PRICE POINT
CONSULTING, INC., DJV ENTERPRISES,
INC., LEECORP, INC., SOCCERSERGE, INC.,
ANTOS, INC.,

                                                    Relief Defendants.

CASE No. 2:17-cv-04133-JS-SIL

2
FINAL JUDGMENT AS TO DEFENDANT DENNIS J. VERDEROSA

The Securities and Exchange Commission (“SEC” or “Commission”) having filed a
Complaint and Defendant Dennis J. Verderosa (“Defendant”) having entered a general
appearance; consented to the Court’s jurisdiction over Defendant and the subject matter of this
action; consented to entry of this Final Judgment; waived findings of fact and conclusions of
law; and waived any right to appeal from this Final Judgment:
I.
 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is
permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the
Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5
promulgated thereunder [17 C.F.R. § 240.10b-5], by using any means or instrumentality of
interstate commerce, or of the mails, or of any facility of any national securities exchange, in
connection with the purchase or sale of any security:
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state a material fact
 necessary in order to make the statements made, in the light of the circumstances
 under which they were made, not misleading; or
(c) to engage in any act, practice, or course of business which operates or would
 operate as a fraud or deceit upon any person.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who
receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s

3
officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or
participation with Defendant or with anyone described in (a).

II.
 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant
is permanently restrained and enjoined from violating Section 17(a) of the Securities Act of 1933
(the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any security by the use of any
means or instruments of transportation or communication in interstate commerce or by use of the
mails, directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud;
(b) to obtain money or property by means of any untrue statement of a material fact
 or any omission of a material fact necessary in order to make the statements
 made, in light of the circumstances under which they were made, not misleading;
 or
 (c) to engage in any transaction, practice, or course of business which operates or
  would operate as a fraud or deceit upon the purchaser.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who
receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s
officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or
participation with Defendant or with anyone described in (a).
III.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant
is permanently restrained and enjoined from violating, directly or indirectly, Section 15(a) of the

4
Exchange Act [15 U.S.C. § 78o(a)] by using any means or instrumentality of interstate
commerce or of the mails and engaging in the business of effecting transactions in securities for
the accounts of others, or inducing or effecting the purchase or sale of securities, while not
registered with the Commission in accordance with Section 15(b) of the Exchange Act [15
U.S.C. § 78o(b)] or while not associated with a broker-dealer that was so registered.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who
receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s
officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or
participation with Defendant or with anyone described in (a).
IV.
 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant
is permanently barred from participating in an offering of penny stock, including engaging in
activities with a broker, dealer, or issuer for purposes of issuing, trading, or inducing or
attempting to induce the purchase or sale of any penny stock.  A penny stock is any equity
security that has a price of less than five dollars, except as provided in Rule 3a51-1 under the
Exchange Act [17 C.F.R. 240.3a51-1].
V.
 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant
is liable for disgorgement of $383,344.00, representing profits gained as a result of the conduct
alleged in the Complaint, together with prejudgment interest thereon in the amount of
$104,196.71, for a total of $487,540.71.  Defendant’s $487,540.71 payment obligation shall be
deemed satisfied by the Order of Restitution and/or Forfeiture entered against Defendant in
■

5
United States v. Jeffrey Chartier, et al., Crim. No. 17-00372 (E.D.N.Y) (“United States v.
Chartier”).
VI.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that no civil penalty shall
be imposed upon Defendant in this civil action, based upon Defendant’s agreement to plead
guilty and his criminal conviction in United States v. Chartier.
VII.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is
incorporated herein with the same force and effect as if fully set forth herein, and that Defendant
shall comply with all of the undertakings and agreements set forth therein.
VIII.
 IT
 IS FURTHER ORDERED, ADJUDGED, AND DECREED that, for purposes of
exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the
allegations in the complaint are true and admitted by Defendant, and further, any debt for
disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this
Final Judgment or any other judgment, order, consent order, decree or settlement agreement
entered in connection with this proceeding, is a debt for the violation by Defendant of the federal
securities laws or any regulation or order issued under such laws, as set forth in Section
523(a)(19) of the Bankruptcy Code, 11 U.S.C. §523(a)(19).
IX.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain
jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment.

6
X.
There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of Civil
Procedure, the Clerk is ordered to enter this Judgment forthwith and without further notice.
Dated:  September 17, 2020_

Central Islip, New York
Joanna Seybert, U.S.D.J.
/s/ JOANNA SEYBERT
SO ORDERED.

UNITED STATES DISTRICT COURT 
EASTERN DISTRICT OF NEW YORK 

 
 

 
SECURITIES AND EXCHANGE COMMISSION, 
 
 Plaintiff, 
 

v. 
 
POWERTRADERSPRESS.COM, INC., ELITE 
STOCK RESEARCH, INC., ERIK MATZ, 
RONALD HARDY, ANTHONY VASSALLO, 
STEPHANIE LEE, JEFFREY CHARTIER, 
LAWRENCE D. ISEN, ROBERT GLECKMAN, 
MICHAEL WATTS, BRIAN HEEPKE, 
DENNIS J. VERDEROSA, EMIN COHEN, 
SERGIO RAMIREZ, ASHLEY ANTOS, 
 
                                          Defendants, 
              and 
 
HERMANN MATZ, JOSEPH MATZ, 
BRITTNEY BALLESTAS, MELISSA 
KURTZKE, JANINE ACOSTA, TYPE A 
PARTNERS, INC., STRATEGIC CAPITAL 
MARKETS, INC., MARKETBYTE LLC, SNAP 
OR TAP PRODUCTIONS, LLC, DACONA 
FINANCIAL LLC, 
TRADEMASTERSPRO.COM, INC., 
MYSTREETRESEARCH.COM, INC., 
REVOLVING VENTURES LLC, 
TRADEMASTERS CONSULTING, INC., BIG 
LITTLE CONSULTING, INC., BCBALL, INC., 
GABRON TRANSPORT CORP., PTP 
CONSTRUCTION CORP., TERRYVILLE 
SYSTEMS, INC., MKKMMKKM, INC., TREK 
PARTNERS LLC, RKRG, INC., PRICE POINT 
CONSULTING, INC., DJV ENTERPRISES, 
INC., LEECORP, INC., SOCCERSERGE, INC., 
ANTOS, INC., 
 
                                                    Relief Defendants. 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
CASE No. 2:17-cv-04133-JS-SIL 

 

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2 

FINAL JUDGMENT AS TO DEFENDANT DENNIS J. VERDEROSA 
 

The Securities and Exchange Commission (“SEC” or “Commission”) having filed a 

Complaint and Defendant Dennis J. Verderosa (“Defendant”) having entered a general 

appearance; consented to the Court’s jurisdiction over Defendant and the subject matter of this 

action; consented to entry of this Final Judgment; waived findings of fact and conclusions of 

law; and waived any right to appeal from this Final Judgment: 

I. 

 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the 

Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5 

promulgated thereunder [17 C.F.R. § 240.10b-5], by using any means or instrumentality of 

interstate commerce, or of the mails, or of any facility of any national securities exchange, in 

connection with the purchase or sale of any security: 

(a) to employ any device, scheme, or artifice to defraud; 

(b) to make any untrue statement of a material fact or to omit to state a material fact 

 necessary in order to make the statements made, in the light of the circumstances 

 under which they were made, not misleading; or 

(c) to engage in any act, practice, or course of business which operates or would 

 operate as a fraud or deceit upon any person. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s 

Case 2:17-cv-04133-JS-SIL   Document 95   Filed 09/17/20   Page 2 of 6 PageID #: 664



3 

officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with Defendant or with anyone described in (a). 

 
II. 

 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant 

is permanently restrained and enjoined from violating Section 17(a) of the Securities Act of 1933 

(the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any security by the use of any 

means or instruments of transportation or communication in interstate commerce or by use of the 

mails, directly or indirectly: 

(a) to employ any device, scheme, or artifice to defraud; 

(b) to obtain money or property by means of any untrue statement of a material fact 

 or any omission of a material fact necessary in order to make the statements 

 made, in light of the circumstances under which they were made, not misleading; 

 or 

 (c) to engage in any transaction, practice, or course of business which operates or  

  would operate as a fraud or deceit upon the purchaser. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s 

officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with Defendant or with anyone described in (a). 

III. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant 

is permanently restrained and enjoined from violating, directly or indirectly, Section 15(a) of the 

Case 2:17-cv-04133-JS-SIL   Document 95   Filed 09/17/20   Page 3 of 6 PageID #: 665



4 

Exchange Act [15 U.S.C. § 78o(a)] by using any means or instrumentality of interstate 

commerce or of the mails and engaging in the business of effecting transactions in securities for 

the accounts of others, or inducing or effecting the purchase or sale of securities, while not 

registered with the Commission in accordance with Section 15(b) of the Exchange Act [15 

U.S.C. § 78o(b)] or while not associated with a broker-dealer that was so registered.  

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of this Final Judgment by personal service or otherwise:  (a) Defendant’s 

officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with Defendant or with anyone described in (a). 

IV. 

 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant 

is permanently barred from participating in an offering of penny stock, including engaging in 

activities with a broker, dealer, or issuer for purposes of issuing, trading, or inducing or 

attempting to induce the purchase or sale of any penny stock.  A penny stock is any equity 

security that has a price of less than five dollars, except as provided in Rule 3a51-1 under the 

Exchange Act [17 C.F.R. 240.3a51-1]. 

V. 

 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant 

is liable for disgorgement of $383,344.00, representing profits gained as a result of the conduct 

alleged in the Complaint, together with prejudgment interest thereon in the amount of 

$104,196.71, for a total of $487,540.71.  Defendant’s $487,540.71 payment obligation shall be 

deemed satisfied by the Order of Restitution and/or Forfeiture entered against Defendant in 

■ 

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5 

United States v. Jeffrey Chartier, et al., Crim. No. 17-00372 (E.D.N.Y) (“United States v. 

Chartier”).  

VI. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that no civil penalty shall 

be imposed upon Defendant in this civil action, based upon Defendant’s agreement to plead 

guilty and his criminal conviction in United States v. Chartier. 

VII. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is 

incorporated herein with the same force and effect as if fully set forth herein, and that Defendant 

shall comply with all of the undertakings and agreements set forth therein. 

VIII. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, for purposes of  

exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the  

allegations in the complaint are true and admitted by Defendant, and further, any debt for 

disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this 

Final Judgment or any other judgment, order, consent order, decree or settlement agreement 

entered in connection with this proceeding, is a debt for the violation by Defendant of the federal 

securities laws or any regulation or order issued under such laws, as set forth in Section 

523(a)(19) of the Bankruptcy Code, 11 U.S.C. §523(a)(19). 

IX. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain 

jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment. 

 

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6 

X. 

There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of Civil 

Procedure, the Clerk is ordered to enter this Judgment forthwith and without further notice. 

Dated:  September 17, 2020_ 
 Central Islip, New York

Joanna Seybert, U.S.D.J.
/s/ JOANNA SEYBERT

SO ORDERED. 

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