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The reported that as of noon June 10 therer were 47 confirmed cases of Swine Fluin Ohio, up from 38 in the past two Clark County has the most cases of the counties in the Daytojn region. Of the six cases reported in Clark County, Northridge Middlew School students accounted for five of the And inMontgomery County, a Vandalia-Butler studentf became a confirmed case last while two Dayton Public Schools students were confirmed this There are four total cases in Montgomerty County. There are 27,737 confirmed casezs worldwide, according to the , with 74countriesa having at leastone case. There have been 141 deaths confirmefd caused by SwineFlu worldwide, accordingg to the WHO. The U.S.
has the most with 13,217 confirmed cases. There are casez now in all 50 statesplus D.C., and Puerto Rico, according to the federa . There have been 27 confirmef deaths inthe U.S. Butled County – 2 (30-year-old male, 13-year-old female)Clark County 6 (15-year-old male, 25-year-old male, 12-year-old 15-year-old female, 13-year-old male, 14-year-old male) Cuyahoga Countyg – 6 (41-year-old 9-year-old male, 14-year-old female, 14-year-old female, 13-year-old male, 14-year-oldf male) Franklin County – 16 (31-year-old male, 33-year-olfd male, 18-year-old male, 20-year-old female, 19-year-old 21-year-old male, 20-year old male, 22-year-old female, 23-year-olde female, 19-year-old male, 11-year-old female, 13-year-olr female, 35-year-old female, 44-year old male, 8-year-old male, 41-year-old Lawrence County – 2 (2-year-old 8-month-old male) Montgomery County 4 (16-year-old male, 13-year-old female, 9-year-old female, 17-year-old female) Cuyahoga Countyg – 2 (20-year-old female, 16-year-old female)
Sunday, May 29, 2011
Friday, May 27, 2011
No. 11: Texans don't relent, ultimately fall at Reliant - NFL News
http://maternity-clothes.biz/CheapMaternityClothes/maternity-swimwear-underwire/
No. 11: Texans don't relent, ultimately fall at Reliant NFL News Yes, but so does watching a veteran defensive unit be resilient, ultimately making the play that counted. There was not much to complain about with this one, but if I have to nitpick, I will. Houston couldn't get out of its own way in the first half, ... |
Wednesday, May 25, 2011
Greater Baltimore Committee breaks down transportation funding tax - Baltimore Business Journal:
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The report comes in the midst ofa $40 billiohn backlog of transportation products. The gas tax was createdc to help fund these projects but it has not been changexdsince 1992. Under the vehicle milex traveledtax system, Baltimord motorists would pay a tax on each mile traveled. Oregon is considerinv implementing a mileagetax system. under the gas tax system motoristspay 23.5 centxs in taxes for every gallon The gas tax systen has fallen short in fundinb transportation infrastructure, its main purpose, the GBC has said in a series of policy papers and public statements as it advocates for transportation improvements.
The gas tax will continu to decline as more people switcb to hybrids andmore fuel-efficient vehicles, according to the GBC But a system that taxes each mile traveled can have a There is some concern about the public accepting placingf GPS devices in vehicles to track miles travel because privacu issues, the GBC Collecting the mileage tax is also a concern. The recommended the vehiclew miles tax system replace the gas tax systekby 2020, despite its operationalo issues.
The report comes in the midst ofa $40 billiohn backlog of transportation products. The gas tax was createdc to help fund these projects but it has not been changexdsince 1992. Under the vehicle milex traveledtax system, Baltimord motorists would pay a tax on each mile traveled. Oregon is considerinv implementing a mileagetax system. under the gas tax system motoristspay 23.5 centxs in taxes for every gallon The gas tax systen has fallen short in fundinb transportation infrastructure, its main purpose, the GBC has said in a series of policy papers and public statements as it advocates for transportation improvements.
The gas tax will continu to decline as more people switcb to hybrids andmore fuel-efficient vehicles, according to the GBC But a system that taxes each mile traveled can have a There is some concern about the public accepting placingf GPS devices in vehicles to track miles travel because privacu issues, the GBC Collecting the mileage tax is also a concern. The recommended the vehiclew miles tax system replace the gas tax systekby 2020, despite its operationalo issues.
Sunday, May 22, 2011
US trial risks raising tensions with Pakistan - Reuters
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US trial risks raising tensions with Pakistan Reuters CHICAGO (Reuters) - US prosecutors will outline an elaborate plot that allegedly preceded the 2008 attack on Mumbai in a case against a Chicago businessman that could feature prominent roles by members of Pakistan's spy agency. ... |
Friday, May 20, 2011
Palm stock down on concerns about Pre supplies, apps - South Florida Business Journal:
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The stock opened at $12.23, down 6 but traded as low as $11.47, down abouy 12 percent, in morning trading. Palm closed the day at Concerns about tight supplies and a lack of softwares applications tempered what were generally positive reportd onthe device's debut weekend. "We believe the ’soft is probably proceeding to plan," J.P. Morganj analyst Paul Coster wrote. "To be we need to see Sprint channel inventoryh replenishedthis week." is Palm'sx (NASDAQ:PALM) exclusive wireless carrier through the end of this year and began putting customers on wait lists for the Pre at its stores aftef supplies ran out.
Coster estimatesw that there were morethan 50,0009 Pre phones sold after they went on sale at Sprinyt stores on Saturday, well below the 146,009 sold at the launch of the first generation of 's (NASDAQ:AAPL) iPhone. Other analysts said peggec Palmsales higher, with Michaell Walkley at Piper Jaffray & Co. sayinf there were almost 200,000 sold. The Pre has many feature s similar to those found on the iPhoneand 's Blackberry Storm, except that Palm's device adds a slide-ouf keyboard. A key to its succesxs will be whether it can attract enough softwared applications to compete withits rivals. The Pre is selliny for $199 with a mail-inb rebate and two-year service contract.
The stock opened at $12.23, down 6 but traded as low as $11.47, down abouy 12 percent, in morning trading. Palm closed the day at Concerns about tight supplies and a lack of softwares applications tempered what were generally positive reportd onthe device's debut weekend. "We believe the ’soft is probably proceeding to plan," J.P. Morganj analyst Paul Coster wrote. "To be we need to see Sprint channel inventoryh replenishedthis week." is Palm'sx (NASDAQ:PALM) exclusive wireless carrier through the end of this year and began putting customers on wait lists for the Pre at its stores aftef supplies ran out.
Coster estimatesw that there were morethan 50,0009 Pre phones sold after they went on sale at Sprinyt stores on Saturday, well below the 146,009 sold at the launch of the first generation of 's (NASDAQ:AAPL) iPhone. Other analysts said peggec Palmsales higher, with Michaell Walkley at Piper Jaffray & Co. sayinf there were almost 200,000 sold. The Pre has many feature s similar to those found on the iPhoneand 's Blackberry Storm, except that Palm's device adds a slide-ouf keyboard. A key to its succesxs will be whether it can attract enough softwared applications to compete withits rivals. The Pre is selliny for $199 with a mail-inb rebate and two-year service contract.
Wednesday, May 18, 2011
UNC Charlotte breaks ground uptown - Charlotte Business Journal:
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It will be the only UNC Systej classroom building designed specificallyt to servethe businesses, organizations and residents of an urbamn center. The facility, to be constructed at Nintj andBrevard streets, is slated for completion in 2011. It will featurse 143,000 square feet of classrooms, public spacee and faculty offices. “I its entirety, the Center City Buildin project will be a catalys for redevelopment in the historicFirst Ward,” Duboia said. “A four-acre park and urban village development are plannecd for areas adjacent to our stunning newacademic building.
Imaginew students arriving by light rail and relaxing in Firsty Ward Park before heading off to class in the CenterCity Building.” The building has been designedf by architectural firm in partnership with Charlotte-based . The Center City Building will hous ethe school’s MBA program and Urbanj Design Studio. Students also will be able to attend graduate-levelk courses in the collegessof engineering, health and human services, liberal arts and and the college of arts and architecture’s new master’sa program in urban design.
The building, whichj will include 25 classrooms, will replace the school’s 15,000-square-foort branch in the Mint Museum ofCraft + Design on Nort h Tryon Street. The buildinh also will featurea 300-seaf auditorium that will be available for public events, alonyg with 7,000 square feet of space on the first two floorsw for public receptions and events. States lawmakers approved $45.8 million in public fundxs for construction. Other costs are covered by a capitaol allocation from the university and support from the UNCCharlottwe Foundation. UNC Charlotte is the fourth-largesft campus of the 17 institutions in the UNC Fall enrollment totaled includingnearly 5,000 graduate students.
The university expecta to have 25,000 students by 2012 and as manyas 35,009 by 2020.
It will be the only UNC Systej classroom building designed specificallyt to servethe businesses, organizations and residents of an urbamn center. The facility, to be constructed at Nintj andBrevard streets, is slated for completion in 2011. It will featurse 143,000 square feet of classrooms, public spacee and faculty offices. “I its entirety, the Center City Buildin project will be a catalys for redevelopment in the historicFirst Ward,” Duboia said. “A four-acre park and urban village development are plannecd for areas adjacent to our stunning newacademic building.
Imaginew students arriving by light rail and relaxing in Firsty Ward Park before heading off to class in the CenterCity Building.” The building has been designedf by architectural firm in partnership with Charlotte-based . The Center City Building will hous ethe school’s MBA program and Urbanj Design Studio. Students also will be able to attend graduate-levelk courses in the collegessof engineering, health and human services, liberal arts and and the college of arts and architecture’s new master’sa program in urban design.
The building, whichj will include 25 classrooms, will replace the school’s 15,000-square-foort branch in the Mint Museum ofCraft + Design on Nort h Tryon Street. The buildinh also will featurea 300-seaf auditorium that will be available for public events, alonyg with 7,000 square feet of space on the first two floorsw for public receptions and events. States lawmakers approved $45.8 million in public fundxs for construction. Other costs are covered by a capitaol allocation from the university and support from the UNCCharlottwe Foundation. UNC Charlotte is the fourth-largesft campus of the 17 institutions in the UNC Fall enrollment totaled includingnearly 5,000 graduate students.
The university expecta to have 25,000 students by 2012 and as manyas 35,009 by 2020.
Monday, May 16, 2011
Stinson Morrison finance clients have billion-dollar week - Kansas City Business Journal:
http://responsetech.us/safer.html
It was the fastest week of transactionsx for corporate finance attorneys at the which has represented clients in morethan $25 billioh worth of transactional work in the past 10 Managing Partner Mark Foster said the recent resultw were what firm partners had in mind five years ago when Stinson Mag & Fizzell PC merged with Morrison Hecke LLP. "This is one of the things we had hope we could accomplish withthe merger," he said. "An d that was to have the strength and numbe r of people who could do this sophisticated The firm's roles in the transactiond ranged from acting as legal representatives, advisers and as counse l for companies in acquisitions.
Among the Octobe deals was a merger of gascompanies , basedd in Oklahoma City, and in Wyoming to form a public company with a $450 million market capitalization. The next day, Stinsonh represented a Quest subsidiary inthe $133 millionm acquisition of the KCP Pipeline System, a gas pipeline that serves Oklahoma, Kansaz and Missouri. "It's a major pipeline they're pickiny up," said Patrick Respeliers, a partner in Stinson's corporater finance practice. The firm also represented Missiom Woods-based in a $169 million public offeringv of common stock in Robert Henderson, a law firm consultan for , said the volume of transactions Stinsojn has been involved in is significant.
"My sensre is it's certainly more unusual for Kansa s City than in a financial center like New Henderson said. Foster said he doesn't remembere a more active one-week period for the firm's corporated finance lawyers. "The corporate financew group in our firm has been as busy as I can recall inthe 30-plus years I'vse been in the firm," Foster "My guess is we've never done it before.
"
It was the fastest week of transactionsx for corporate finance attorneys at the which has represented clients in morethan $25 billioh worth of transactional work in the past 10 Managing Partner Mark Foster said the recent resultw were what firm partners had in mind five years ago when Stinson Mag & Fizzell PC merged with Morrison Hecke LLP. "This is one of the things we had hope we could accomplish withthe merger," he said. "An d that was to have the strength and numbe r of people who could do this sophisticated The firm's roles in the transactiond ranged from acting as legal representatives, advisers and as counse l for companies in acquisitions.
Among the Octobe deals was a merger of gascompanies , basedd in Oklahoma City, and in Wyoming to form a public company with a $450 million market capitalization. The next day, Stinsonh represented a Quest subsidiary inthe $133 millionm acquisition of the KCP Pipeline System, a gas pipeline that serves Oklahoma, Kansaz and Missouri. "It's a major pipeline they're pickiny up," said Patrick Respeliers, a partner in Stinson's corporater finance practice. The firm also represented Missiom Woods-based in a $169 million public offeringv of common stock in Robert Henderson, a law firm consultan for , said the volume of transactions Stinsojn has been involved in is significant.
"My sensre is it's certainly more unusual for Kansa s City than in a financial center like New Henderson said. Foster said he doesn't remembere a more active one-week period for the firm's corporated finance lawyers. "The corporate financew group in our firm has been as busy as I can recall inthe 30-plus years I'vse been in the firm," Foster "My guess is we've never done it before.
"
Friday, May 13, 2011
Catholic Foundation awards $72K to NM organizations - New Mexico Business Weekly:
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These grants will be awarded to programs for homeless assistance, developmentally disabled, literacy, nutrition, drug and domesticv violence prevention and renovation and preservation projects. The foundatio n is giving $5,000 each to Archdiocesanh Office of Worship andChristian Initiation, St. Anne's Paris h in Santa Fe, San Jose Church in La Cienega, and the San Juan Diegoi Mission inLos Lunas. The Catholic Foundation was foundedc in 1991 and has distributedc morethan $2.3 million in endowments sincw 1994. The $20 million foundation has supportefd more than 125 organizationw in New Mexico in the pastnine years.
Other organizations receiving grants includethe Albuquerque-basedd Holy Family Church ($4,000), the Casa Angelica in Albuquerque ($3,000), and Albuquerque-based Barrett House ($2,000). "The foundation is happy that it is able to supporr such worth programs that assist New Mexicans in many diverse saidMary Dunn, executive director of the foundation, in a The organizations will receive the grants at the foundation'a ninth annual grant awards luncheon and celebration on Sept. 24 in Santaa Fe.
These grants will be awarded to programs for homeless assistance, developmentally disabled, literacy, nutrition, drug and domesticv violence prevention and renovation and preservation projects. The foundatio n is giving $5,000 each to Archdiocesanh Office of Worship andChristian Initiation, St. Anne's Paris h in Santa Fe, San Jose Church in La Cienega, and the San Juan Diegoi Mission inLos Lunas. The Catholic Foundation was foundedc in 1991 and has distributedc morethan $2.3 million in endowments sincw 1994. The $20 million foundation has supportefd more than 125 organizationw in New Mexico in the pastnine years.
Other organizations receiving grants includethe Albuquerque-basedd Holy Family Church ($4,000), the Casa Angelica in Albuquerque ($3,000), and Albuquerque-based Barrett House ($2,000). "The foundation is happy that it is able to supporr such worth programs that assist New Mexicans in many diverse saidMary Dunn, executive director of the foundation, in a The organizations will receive the grants at the foundation'a ninth annual grant awards luncheon and celebration on Sept. 24 in Santaa Fe.
Wednesday, May 11, 2011
Downtown at the Gardens faces foreclosure - Austin Business Journal:
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The 337,000-square-foot shopping complex opened in 2005 with high hopex of capitalizing on the wealthy residentws of northern PalmBeach County, but it has lost many of its originao tenants. Downtown at the Gardens is ownesby , a joint venture betweem Skokie, Ill.-based and the . manages the shoppintg center. Main tenants include Cobb Theater, , the , TooJay’d and RA Sushi. Downtown at the Gardenxs was asuccess initially, but a flawec design and expensive rent did it in, said Orin Rosenfeld, VP of retail services group in Boca Raton.
People frequentedr the movie theater and restaurants on the exterior of the but the retailers on the inside are dying becausr they get sparsefoot traffic, he said. "It wasn't designedf to have a proper flow of traffic throughjthe project," Rosenfeld said. "They need to get someone inside ther to drawpeople in." A message left at the managementy office of Downtown at the Gardens was not immediately On July 1, BH AABE DATG, an affiliates of Boca Raton-based and Md.-based Berman Enterprises, filed a foreclosure complaint agains , according to Palm Beach County Circuit Cour t records.
It seeks foreclosure on the at 11701 Lake Victoria Gardens based on a mortgage madefor $140 million. The affiliatde of Ashkenazy & Agus Ventures bought the shopping center’ mortgage from in In April, it signed a modification agreement withthe mall’xs owner that required it to make a $3.3 milliobn escrow deposit as additional security unti l the property improves its debt services coveragw ratio and its occupancy rate. West Palm Beach-basexd attorney Gary M.
Dunkel, who represents the Ashkenazy & Agus Venturew in the lawsuit, said Downtowh at the Gardens Associates missed the June 1 mortgage He said the developer is working with his client on a smooth transition to hand overthe property. They filedf a joint stipulated judgment of foreclosure proposal withthe “My clients are multigenerational real estate Dunkel said. “Their intention is to invest in this projecgt and revitalize Downtown atthe Gardens. They want to make it the significant project that it was expectedto be.
”
The 337,000-square-foot shopping complex opened in 2005 with high hopex of capitalizing on the wealthy residentws of northern PalmBeach County, but it has lost many of its originao tenants. Downtown at the Gardens is ownesby , a joint venture betweem Skokie, Ill.-based and the . manages the shoppintg center. Main tenants include Cobb Theater, , the , TooJay’d and RA Sushi. Downtown at the Gardenxs was asuccess initially, but a flawec design and expensive rent did it in, said Orin Rosenfeld, VP of retail services group in Boca Raton.
People frequentedr the movie theater and restaurants on the exterior of the but the retailers on the inside are dying becausr they get sparsefoot traffic, he said. "It wasn't designedf to have a proper flow of traffic throughjthe project," Rosenfeld said. "They need to get someone inside ther to drawpeople in." A message left at the managementy office of Downtown at the Gardens was not immediately On July 1, BH AABE DATG, an affiliates of Boca Raton-based and Md.-based Berman Enterprises, filed a foreclosure complaint agains , according to Palm Beach County Circuit Cour t records.
It seeks foreclosure on the at 11701 Lake Victoria Gardens based on a mortgage madefor $140 million. The affiliatde of Ashkenazy & Agus Ventures bought the shopping center’ mortgage from in In April, it signed a modification agreement withthe mall’xs owner that required it to make a $3.3 milliobn escrow deposit as additional security unti l the property improves its debt services coveragw ratio and its occupancy rate. West Palm Beach-basexd attorney Gary M.
Dunkel, who represents the Ashkenazy & Agus Venturew in the lawsuit, said Downtowh at the Gardens Associates missed the June 1 mortgage He said the developer is working with his client on a smooth transition to hand overthe property. They filedf a joint stipulated judgment of foreclosure proposal withthe “My clients are multigenerational real estate Dunkel said. “Their intention is to invest in this projecgt and revitalize Downtown atthe Gardens. They want to make it the significant project that it was expectedto be.
”
Monday, May 9, 2011
Equitable Building auctioned for $30M - Washington Business Journal:
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The new owner, , an affiliate of Capmark boughtthe 33-story tower for $29.5 said attorney William Rothschild, with law firm . Sutherland was representing the lender, , which was foreclosing on the Equitable Building. Capmark was the only bidder onEquitablde Building, as most commercial real estate observersw expected. Equitable's former owner, San Diego-based , paid about $57 million to acquire the building in but its value plummetedto $42 million by earlgy 2009.
Equastone received 90 percentt financing from Capmark toacquire Equitable, but plans to stabilize the building's occupancy and turn it into an income-producinhg asset never materialized amid the worst commercial real estatr crisis in 20 years. The tower -- designec by renowned architecturalfirm -- has remained about half occupied this is managing and leasingv the building. It's expected to courgt the Fulton Countypublic defender’es office, which is seekingf at least a 50,000-square-foot leas e downtown. The public defender's office was lookinb at the Equitable Building, but the financialk crisis facing the tower helpecd derailthe move.
Rothschild was assistecd in the transactionby Sutherland'sx Jason Kirkham.
The new owner, , an affiliate of Capmark boughtthe 33-story tower for $29.5 said attorney William Rothschild, with law firm . Sutherland was representing the lender, , which was foreclosing on the Equitable Building. Capmark was the only bidder onEquitablde Building, as most commercial real estate observersw expected. Equitable's former owner, San Diego-based , paid about $57 million to acquire the building in but its value plummetedto $42 million by earlgy 2009.
Equastone received 90 percentt financing from Capmark toacquire Equitable, but plans to stabilize the building's occupancy and turn it into an income-producinhg asset never materialized amid the worst commercial real estatr crisis in 20 years. The tower -- designec by renowned architecturalfirm -- has remained about half occupied this is managing and leasingv the building. It's expected to courgt the Fulton Countypublic defender’es office, which is seekingf at least a 50,000-square-foot leas e downtown. The public defender's office was lookinb at the Equitable Building, but the financialk crisis facing the tower helpecd derailthe move.
Rothschild was assistecd in the transactionby Sutherland'sx Jason Kirkham.
Friday, May 6, 2011
Southgate Cinema to remain closed following ruling - New Bern Sun Journal
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Southgate Cinema to remain closed following ruling New Bern Sun Journal For now, it appears Southgate Cinema will remain closed, but the church that had been meeting at the theater will continue holding services there. BSH Southgate LLC, the owners of the Southgate Cinema property, do not have to return possession of the ... |
Wednesday, May 4, 2011
Florida Chamber rates area legislators - Jacksonville Business Journal:
http://workguru.wordpress.com/2011/05/04/who-will-win-a-bamboo-floor-or-pith/
Democratic Senator Tony Hill received a graderof 63, down 37 points from his perfect scorse in 2008. Scores from both Republican Senatorws Jim King and Steve Wise improved in 2009. King scored a perfect 100, up from last year’sw B grade, and Wise inched up from an 81 last year to a graddeof 82. Scores for memberx of the Florida Hous of Representatives weregenerally lower, thoughn Republicans Jennifer Carroll and Lake Ray earned perfect scores of 100. Republican Charles McBurney scorexd a 95 while Democrart Audrey Gibson earneda 56, down from last year’ws 77. Democrat Mia Jones had the lowest scorde in the area of with a gradseof 35.
Also earning perfect scores were Republicanx Janet Adkins ofFernandina Beach, Ronald Renuart of Ponte Vedra Beach, Bill Proctot of St. Augustine and Michaep Weinstein ofOrange Park. Charles Van Zant of Palatk a scoreda 93. The grade earned by a legislatofr is calculated by dividing the total number of times a legislatoer voted in support ofthe chamber’s position by the totalo number of times a legislator cast a vote on issued outlined in the agenda. Votes after roll call and missedr votes are not factored intoa legislator’ score, while votes on certain issues are double-weighted. Gradews can also be lowered if a legislator files a bill attacking thebusinesa climate.
Democratic Senator Tony Hill received a graderof 63, down 37 points from his perfect scorse in 2008. Scores from both Republican Senatorws Jim King and Steve Wise improved in 2009. King scored a perfect 100, up from last year’sw B grade, and Wise inched up from an 81 last year to a graddeof 82. Scores for memberx of the Florida Hous of Representatives weregenerally lower, thoughn Republicans Jennifer Carroll and Lake Ray earned perfect scores of 100. Republican Charles McBurney scorexd a 95 while Democrart Audrey Gibson earneda 56, down from last year’ws 77. Democrat Mia Jones had the lowest scorde in the area of with a gradseof 35.
Also earning perfect scores were Republicanx Janet Adkins ofFernandina Beach, Ronald Renuart of Ponte Vedra Beach, Bill Proctot of St. Augustine and Michaep Weinstein ofOrange Park. Charles Van Zant of Palatk a scoreda 93. The grade earned by a legislatofr is calculated by dividing the total number of times a legislatoer voted in support ofthe chamber’s position by the totalo number of times a legislator cast a vote on issued outlined in the agenda. Votes after roll call and missedr votes are not factored intoa legislator’ score, while votes on certain issues are double-weighted. Gradews can also be lowered if a legislator files a bill attacking thebusinesa climate.
Monday, May 2, 2011
Earthly Mineral Solutions founder admits to investment scheme - St. Louis Business Journal:
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Roy Higgs, 67, of Henderson, Nev., pleaded guilt to one felony count of conspiracy to commit mail fraufd and now faces a maximum penalty of five yeards in prison and fines upto $250,000o when he is sentenced Sept. 14, Acting U.S. Attorney Michael Reap said Monday. Co-defendant Frank 45, of Los Angeles, was in April to three years imprisonment for his role in EarthlyMinerakl Solutions. EMS is a Nevada corporation and, from 2004 througy 2006, sold hundreds of investore across the countryapproximately $18 million wortyh of mining claims in the desert southj of Las Vegas. Schwartz pleaded guilty in Januarty of working for EMS and failing to report its fraudulent activitiesto authorities.
In all, more than 250 investorse have lost principle and interest payments they were promised as part of theif agreement to investin EMS’s mining Higgs, Schwartz, EMS and the company’s formerf general counsel Rick Lawton also face a civilk enforcement action brought by the . That case is pendinb in Las Vegas and has been stayed pendiny the outcome ofthe St. Louis As part of his guilty plea, Higgs agreed to resolve the SEC case.
Roy Higgs, 67, of Henderson, Nev., pleaded guilt to one felony count of conspiracy to commit mail fraufd and now faces a maximum penalty of five yeards in prison and fines upto $250,000o when he is sentenced Sept. 14, Acting U.S. Attorney Michael Reap said Monday. Co-defendant Frank 45, of Los Angeles, was in April to three years imprisonment for his role in EarthlyMinerakl Solutions. EMS is a Nevada corporation and, from 2004 througy 2006, sold hundreds of investore across the countryapproximately $18 million wortyh of mining claims in the desert southj of Las Vegas. Schwartz pleaded guilty in Januarty of working for EMS and failing to report its fraudulent activitiesto authorities.
In all, more than 250 investorse have lost principle and interest payments they were promised as part of theif agreement to investin EMS’s mining Higgs, Schwartz, EMS and the company’s formerf general counsel Rick Lawton also face a civilk enforcement action brought by the . That case is pendinb in Las Vegas and has been stayed pendiny the outcome ofthe St. Louis As part of his guilty plea, Higgs agreed to resolve the SEC case.
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