Hughe Duwayne Graham, Donald Howard, Larry Louis Matyas
SEC Dismisses Donald Lee Howard, Substitutes Donald Howard as Defendant in Microcap Securities Case
Litigation Release No. 25069 / April 13, 2021
Securities and Exchange Commission v. Hughe Duwayne Graham, Donald Howard, Larry Louis Matyas, No. 1-20-cv-02505 (N.D. Ohio filed November 6, 2020)
On April 9, 2021, the Securities and Exchange Commission voluntarily dismissed defendant Donald Lee Howard of South Carolina in an ongoing civil action alleging that several individuals acted as unregistered brokers in the sale of the securities of microcap issuer US Lighting Group, Inc. ("USLG"). On April 13, 2021, with leave of the court, the SEC filed an amended complaint which substituted Donald Howard of Nevada as a defendant in the litigation.
The SEC's original complaint, filed in the federal district court for the Northern District of Ohio on November 6, 2020, charged defendants with violating the broker-dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934. The court previously approved a settlement with another defendant, Larry Louis Matyas, on a neither admit-nor-deny basis.
For further information, see Litigation Release No. 24958, November 9, 2020.
Last Reviewed or Updated: May 31, 2023