Jeffrey R. Senger, Brad M. Nirenberg and Norman F. Piatti

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 19183 / April 14, 2005

Securities and Exchange Commission v. Jeffrey R. Senger, Brad M. Nirenberg and Norman F. Piatti, Case No. 02-80766-CIV-HURLEY/LYNCH

JUDGMENTS OF PERMANENT INJUNCTION AND OTHER RELIEF ENTERED AGAINST DEFENDANTS JEFFREY R. SENGER AND BRAD M. NIRENBERG

The Securities and Exchange Commission announced that on March 30, 2005 and April 6, 2005, the United States District Court for the Southern District of Florida entered Judgments of Permanent Injunction and Other Relief ("Judgments") against Defendants Jeffrey R. Senger ("Senger") and Brad M. Nirenberg ("Nirenberg"), respectively. The Judgments, entered with the consent of Senger and Nirenberg, without admitting or denying the allegations of the SEC's Complaint, enjoin them from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. The Judgments also permanently bar Senger and Nirenberg from participating in an offering of a penny stock. In addition to injunctive relief the Judgments provide for disgorgement and the imposition of civil penalties in amounts to be determined by the Court upon the SEC's motion.

For further information, see Litigation Releases No. 17685 (August 15, 2002) and 18192 (June 16, 2003).