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ZPR INV. MANAGEMENT INC. v. S.E.C.

No. 16-15322.

861 F.3d 1239 (2017)

ZPR INVESTMENT MANAGEMENT INC., Max E. Zavanelli, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION, Respondent.

United States Court of Appeals, Eleventh Circuit.

June 30, 2017.

Attorney(s) appearing for the Case

Philip J. Snyderburn , K. Michael Swann , Snyderburn Rishoi & Swann, LLP, Maitland, FL, for Petitioners.

Emily T.P. Rosen , Theodore Weiman , U.S. Securities & Exchange Commission, Washington, DC, Amie Berlin , Robert K. Levenson , U.S. Securities & Exchange Commission, Miami, FL, for Respondent.

Before MARTIN, JILL PRYOR, and MELLOY, Circuit Judges.

Max Zavanelli and his investment firm, ZPR Investment Management, Inc. ("ZPRIM"), are before us seeking review of a final order of the Securities and Exchange Commission ("SEC" or the "Commission").1 The Commission found that Mr. Zavanelli and ZPRIM (the "petitioners") made material misrepresentations...

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