IMS/CPAs & Associates, Vernon T. Hall, Stanley E. Hargrave, and Jerome B. Vernazza; Brenda P. Murray, Chief Administrative Law Judge
SECURITIES ACT OF 1933
Release No. 8357 / January 28, 2004
SECURITIES EXCHANGE ACT OF 1934
Release No. 49135 / January 28, 2004
INVESTMENT ADVISERS ACT OF 1940
Release No. 2210 / January 28, 2004
Admin. Proc. File No. 3-9042
In the Matter of IMS/CPAs & Associates, Vernon T. Hall, Stanley E. Hargrave and Jerome B. Vernazza, Respondents. |
: : : : : : : : : : |
ORDER APPROVING PLAN OF DISTRIBUTION |
On December 10, 2003 (Release No. 33-8342), the Commission published notice of the Division of Enforcement's proposed distribution of disgorged funds in this proceeding. The Division proposed that Sheldon M. Jaffe be designated as administrator of the disgorgement fund and that $117,862.75 be distributed to 28 advisory clients of IMS/CPAs & Associates. The notice invited nonparties to comment on the plan of distribution. The Secretary of the Commission and the Division received no comments or inquiries in response to the publication of the Division's proposed plan. Therefore,
IT IS ORDERED that Sheldon M. Jaffe is the administrator of the disgorgement fund; and
IT IS FURTHER ORDERED that, pursuant to the plan of distribution filed by the Division of Enforcement, the administrator of the plan distribute the disgorgement to the advisory clients of IMS/CPAs & Associates identified on Exhibit A attached to this Order in the amounts shown and certify in writing to the Secretary of the Commission within thirty days that the distribution has been completed in accordance with the plan.
For the Commission, by its Secretary, pursuant to delegated authority.
Jonathan G. Katz
Secretary
In re IMS/CPAs & Associates
Administrative Proceeding No. 03-9042
Exhibit A
Plan of Distribution
Name |
Amount |
---|---|
Charlie Bacon |
$234.64 |
Marion Baker |
437.80 |
Marretta Beidelman |
379.32 |
Milton R. Cavalli |
221.88 |
Dr. & Mrs. William F. Dodson |
1,308.77 |
Sally Dow |
1,669.77 |
Wm. Eisenbaher |
130.10 |
Virgil Fulton |
694.96 |
Jim & Anne Goulding |
2,107.82 |
Howard Granger TB |
121.46 |
Howard Granger VB |
147.53 |
Dr. & Mrs. Samuel Gross |
4,009.80 |
Bonnie Joyce Haughton |
3,167.78 |
Willie Hirter |
2,271.37 |
David & Martha Intersimone |
459.27 |
Walter Kienale |
211.35 |
Mildred Lee |
724.30 |
Mr. & Mrs. Peter H. Mattson |
3,759.78 |
Mattson & Co. |
8.078.33 |
MarthaElin Mountain |
1,270.32 |
MarthaElin Mountain, TTEE Trust A |
25,449.55 |
MarthaElin Mountain, TTEE Trust B |
1,183.19 |
Helen Parsons |
16,233.10 |
Peter Parsons |
36,571.43 |
Arthur and Gloria Price |
3,062.58 |
Mr. And Mrs. Donald Reinke |
247.20 |
Don and Jean Schrader |
3,256.74 |
Dr. and Mrs. David A. Stein |
452.61 |
Total |
$117,862.76 |
See also:
Release No. 33-8432, Dec. 10, 2003
Last Reviewed or Updated: June 27, 2023