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S.E.C. v. CURRENT FINANCIAL SERVICES

No. Civ.A. 91-3089 SSH.

62 F.Supp.2d 66 (1999)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CURRENT FINANCIAL SERVICES, et al., Defendants.

United States District Court, District of Columbia.

July 27, 1999.

Attorney(s) appearing for the Case

Mark Alan Adler, SEC, Washington, DC, for plaintiff.

John D. Wogan, New Orleans, LA, for Receiver for Current Financial, Inc.

David W. Benner American Equity Financial Group, Latrobe, PA, pro se.

Douglas R. Rayburn, and Current Financial Services of Mississippi, Inc., c/o Douglas R. Rayburn, Jayess, MS, pro se.

MEMORANDUM OPINION

STANLEY S. HARRIS, District Judge.

Before the Court is defendant Douglas R. Rayburn's ("Rayburn") Motion For Release of Funds in order to retain legal counsel for defendant Current Financial Services of Mississippi, Inc. ("CFSM").1 Upon consideration of the entire record, the Court denies Rayburn's motion.

On December 5, 1991, the Court issued a temporary...

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