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ATLANTA (HedgeWorld.com) - A judge for the U.S. District Court for the Northern District of Georgia entered a default judgment against investment peddler Kirk Wright on Friday [Feb. 9]. The judgment ordered Mr. Wright to disgorge $17,019,510 of profits, plus prejudgment interest, that will bring that figure above $19 million, and to pay a separate civil penalty of $120,000.
Friday's order, signed by Judge Charles A. Pannell Jr. at the request of the Securities and Exchange Commission, also restrains and enjoins Mr. Wright from further violations of the Securities Acts.
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ATLANTA (HedgeWorld.com) - A federal judge in Georgia recently granted a default judgment to the Securities and Exchange Commission in a lawsuit it brought in August 2005 against Barry A. Bingham and Bingham Capital Management Corp.
The complaint alleged that in 2001 and 2002, Mr. Bingham used misrepresentations and omissions of material fact to defraud at least 22 investors in Bingham Growth Partners LP (Growth Partners), a hedge fund that he managed through BCMC, an unregistered investment adviser.
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... injured in that State while working for a Georgia corporation, against which he then secured a defauult judgment in an Alabama court under the Georgia Workmen's Co... Georgia Act and obtained a judgment by default against Lawler. Respondent, the insurer of Lawler,...
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... a motion to modify a default judgment in a garnishment matter—by substituting...
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... for the Northern District of Georgia. . ...-12(a), or the case will go into automatic default, O.C.G.A. § 9-11-55(a). A default may be opened a...-day period, a plaintiff is entitled to a judgment and verdict of default. Id. The Rooker-Feldman doc...
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...CASH AMERICA INTERNATIONAL, INC.,. GEORGIA CASH AMERICA, INC.,. DANIEL R. FEEHAN,. ...We now conclude that this state-court judgment -- which has since been upheld on appeal and now c... part thereof, or rendering a judgment by default against the ...
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... for the Northern District of Georgia. . ... a state-court action and later suffered a default judgment, it sued NRAI in federal court for neglig...
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... acts, Proformance filed a declaratory judgment action. The parties agreed to stipulated facts, in... Geiger purchased a farmowners policy from Georgia Farm Bureau Mutual Insurance Company. The policy c... never filed a responsive pleading, and a default judgment of $1,200,000 was entered against Willoug...
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... how subprime borrowers presently facing default or foreclosures could be assisted by the housing G... have had some good results, although the Georgia problems demonstrate what happens when one state g... on which their underwriting judgments are based. In fact, credit rating agencies such as...
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... for the Northern District of Georgia. . ... Jerimah Merritt appeals the summary judgment in favor of Hub International Southwest Agency Lim...After a Georgia court entered a default judgment of more than $14 million in favor of Merr...