SEC target Budd says he has no money

Jul. 19, 2010 12:34PM PST

Stockwatch reports The U.S. Securities and Exchange Commission targets Jay Budd.
The SEC launched the case on Sept. 1, 2009, when it filed a civil complaint against Mr. Briner and Mr. Budd in the Southern District of New York. The complaint identified Mr. Budd as the president of Golden Apple and Mr. Briner as a legal […]

Stockwatch reports The U.S. Securities and Exchange Commission targets Jay Budd.

The SEC launched the case on Sept. 1, 2009, when it filed a civil complaint against Mr. Briner and Mr. Budd in the Southern District of New York. The complaint identified Mr. Budd as the president of Golden Apple and Mr. Briner as a legal consultant. The regulator claimed that the company promoted two businesses in 2005, neither of which panned out.

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