Securities and Exchange Commission v. Global Materials & Services Inc et al, No. 8:2008cv00881 - Document 19 (C.D. Cal. 2008)

Court Description: FINAL JUDGMENT by Judge David O. Carter, AS TO GLOBAL MATERIALS & SERVICES INC: IT IS HEREBY ORDERED that Defendant and Defendant's agents, servants, employees, attorneys, and all persons in active concert or participation with them who receive actual notice of this Final Judgment by personal service or otherwise are permanently restrained and enjoined from violating, directly or indirectly Section 10(b) of the Securities exchange Act of 1934 and Rule 10b-5 promulgated thereunder, by using any means or instrumentality of interstate commerce, or of the mails, or of any facility of any national securities exchange, in connectio nwith the purchase or sale of any security: (See document for further details.) IT IS FURTHER ORDERED that defe ndant is liable for disgorgement of $11,236,025, representing profits gained as a result of the conduct alleged in the Complaint, together with prejudgment interest thereon in the amount of $3,118,247, for a total of $14,354,272. ( (MD JS-6, Case Terminated). (rla)