This is an administrative proceeding pursuant to the Federal Deposit Insurance Act ("the FDI Act") in which the Office of the Comptroller of the Currency of the United States of America ("OCC") seeks to prohibit Respondent Carl Thomas from further participation in the affairs of any financial institution, and to issue civil monetary penalties as well as cease-and-desist
orders against all Respondents based on their conduct as institution affiliated parties of First Western Bank, Cooper City, Florida (the "Bank").
The company could end up having to pay out a big settlement as a result of the charges, which include a charge that it broke the cease-and-desist
order it agreed to last time it was accused of breaking Securities and Exchange Commission rules.
In the Kenora area, four businesses have received cease-and-desist
orders from the unit.
We were seeing a lot of cease-and-desist
letters floating around the Internet," she says, "some of them pretty poorly grounded in the law," and, she notes, they were having a chilling effect on free speech on the Web.
In April, just over a month after the site's launch, Youngman received a cease-and-desist
letter from lawyers for The Desert Sun, a local newspaper since 1927 that is now one of hundreds of papers across the country owned by Gannett.
Colorado, known as a haven for penny-stock cheats during much of the "greed-is-good" 9805, finally gave its securities commissioner, Fred Joseph, the power to issue cease-and-desist
orders against suspected stock-fraud thieves.
Circuit Court of Appeals approved a corporate-wide cease-and-desist
order by the NLRB against Beverly following allegations of labor-law violations.
Florida regulators have filed cease-and-desist
orders in cases involving the sale of more than $117 million in unregistered securities marketed as interests in viaticated life insurance policies from 1996 to 2001.
The FDIC cease-and-desist
orders were issued to ensure that information systems are in place, internal controls are maintained and the banks' computer-related operations will not fail on January 1, 2000.
Edmisten, the top investment regulator in North Carolina, issued a cease-and-desist
order against Premier Financial Services, its officers and its representatives in the state.
The legal wrangling between Polymer Resources and the DEP began April 9, 1992 when Keeney issued a cease-and-desist
order, claiming the compounder was releasing one or more of eight toxic gases into the surrounding air.
Separately, Insituform announced that recently it had sent a cease-and-desist
letter to William Elmore, who had sold Elmore Pipe Jacking to the Company in 2002, advising him he had breached his non-compete agreement.