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S.E.C. v. ENTERPRISES SOLUTIONS, INC.

No. 00 Civ. 2685(MGC).

142 F.Supp.2d 561 (2001)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. ENTERPRISES SOLUTIONS, INC., Herbert S. Cannon, Dr. John A. Solomon, Defendants, and Rowen House, Ltd., and Montville, Ltd., Relief Defendants.

United States District Court, S.D. New York.

June 6, 2001.

Attorney(s) appearing for the Case

Securities and Exchange Commission by Charles Stodghill, Carleasa Coates, Leo J. Kane, John Field, Washington, DC, for Plaintiff S.E.C.

Tighe Patton Armstrong Teasdale by Thomas Earl Patton, Washington, DC, for Defendant Herbert S. Cannon.

Martin & Adams by Kenneth A. Martin, Washington, DC, for Defendant John A. Solomon.

Corrigan & Morris by Stanley C. Morris, Los Angeles, CA, for Defendant John A. Solomon.

OPINION

CEDARBAUM, District Judge.

This is a civil enforcement action brought by the Securities Exchange Commission ("the Commission") against Enterprises Solutions, Inc. ("ESI" or "the company"), its president and CEO John A. Solomon, and Herbert S. Cannon, whom the Commission alleges controlled the company. The Commission suspended trading of ESI stock on March 30, 2000, and instituted this suit shortly thereafter. The Commission named Rowen House...

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