Robert Chapman

SEC v. Brian N. Lines et al: SEC Trial Memorandum

September 17, 2010

Securities and Exchange Commission's Trial Memorandum in a securities fraud lawsuit against Lines Overseas Management, Brian Lines and Scott Lines at the U. S. District Court for the Southern District of New York.

SEC v. Lines Overseas Management case sent to Magistrate Judge for settlement

July 6, 2010

The fraud complaint brought by the U. S. Securities and Exchange Commission against Bermuda based offshore financial services group Lines Overseas Management might be about to settle. On July 2, 2010, the federal court judge overseeing the action at the

Targets of alleged LOM fraud derided as “lambs” & “sheep” in recorded call, says SEC

March 10, 2010

A participant in an alleged securities fraud involving Bermuda based Lines Overseas Management described potential victims - who included LOM's own clients - as "poor lambs" and "sheep", claims the United States Securities and Exchange Commission. The derogatory terms were

‘SEC v. Lines Overseas Management’ fraud trial set for mid-February

January 12, 2010

A jury trial in a fraud action by the U. S. Securities and Exchange Commission against Bermuda based financial services group Lines Overseas Management could take place as early as next month in Manhattan.In a scheduling order issued on December

Insider Talking: August 24, 2009

August 24, 2009

A Jamaican fraudster who goes by the name of Emile Maximillion Saint Patrick Higgins and a few variations thereof, including "Sir Max Higgins", has brought a bizarre - and, no doubt, soon to be dismissed - lawsuit in which he

SEC and LOM seek evidence from dozens of people in Bermuda, Canada and UK

September 8, 2008

Forty-seven individuals and companies in Bermuda, Canada, and the United Kingdom are being asked to provide evidence for a securities fraud civil action brought by the U. S. Securities and Exchange Commission against the Bermuda, Bahamas and Cayman operations of Lines Overseas Management, the group's President, Scott Lines, and its former President, Brian Lines.The witnesses include a stock analyst, newsletter writers, people who allegedly held shares in a nominee capacity for the Lines brothers, former employees of LOM, and officers and directors of two OTC BB-listed companies whose shares LOM allegedly manipulated, namely Sedona Software Solutions, Inc. and SHEP Technologies, Inc.

SEC files securities fraud complaint against Lines Overseas Management

December 20, 2007

Following a long regulatory investigation that it went to extraordinary lengths to block through the courts, offshore financial services group Lines Overseas Management has been charged with securities fraud in a civil complaint that was filed yesterday by the United States Securities and Exchange Commission. The defendants include LOM companies in Bermuda, where the group is headquartered; the Bahamas and the Cayman Islands, as well as LOM's President and CEO, Scott Lines, and his brother, Brian Lines, who resigned as LOM's president, effective July 1, 2005, as a result of the SEC investigation. The group's chairman, Brian and Scott's father Donald Lines, is not a defendant.