Beruflich Dokumente
Kultur Dokumente
Defendants.
Plaintiff Securities and Exchange Commission (SEC) submits this unopposed motion
requesting entry of final judgments against Defendants VIPWallSt, Inc. (VIP), Michael Todd
Osborn (also known as Tom Furlong) (Michael Osborn), Shenae Catherine Osborn (Shenae
Osborn), and Virgil Gene Williams (Williams), which permanently enjoin VIP, Michael
Osborn, Shenae Osborn, and Williams from violations of the federal securities laws; order them
to disgorge jointly and severally $438,106.82, plus prejudgment interest of $33,927.37; and
orders each to pay a third-tier civil penalty of $160,000. In support of this motion, the SEC
submits the Consents of the Defendants. See Consent of VIP as Exhibit 1, the Consent of
Case 1:17-cv-01756-AJN Document 27 Filed 06/22/17 Page 2 of 4
Michael Osborn as Exhibit 2, the Consent of Shenae Osborn as Exhibit 3, and the Consent of
Williams as Exhibit 4. In the Consents, the Defendants agree that the SEC may submit the
proposed final judgment to the Court for signature and entry without further notice.
As part of the final judgments, the SEC requests that the Court permanently enjoin VIP,
Michael Osborn, and Shenae Osborn from violating the anti-fraud and securities registration
provisions of Section 17(a) of the Securities Act of 1933 (the Securities Act), Section 10(b) of
the Securities Exchange Act of 1934 (the Exchange Act) and Rule 10b-5 promulgated
thereunder [15 U.S.C. 77q(a), 78j(b) and 17 C.F.R. 240.10b-5]; bar these Defendants from
participating in any offering of a penny stock, including: acting as a promoter, finder, consultant,
agent, or other person who engages in activities with a broker, dealer, or issuer for purposes of
the issuance or trading in any penny stock, or inducing or attempting to induce the purchase or
sale of any penny stock, and; impose a conductbased injunction that enjoins Michael Osborn
from, directly, or indirectly, including, but not limited to, through any entity owned or controlled
by Michael Osborn, participating in the issuance, purchase, offer, or sale of any security;
provided, however, that such injunction shall not prevent Michael Osborn from purchasing or
selling securities for his own personal account. See Consents, Exhibits 1-3 at pp. 1-2, 2.
The SEC also requests that Court permanently enjoin Williams from violations of Section
17(a) of the Securities Act, Section 10(b) of the Exchange Act, and Rule 10b-5 promulgated
thereunder, and; impose a conduct-based injunction that enjoins Williams from, directly or
indirectly, including, but not limited to, through any entity owned or controlled by Williams,
participating in the issuance, purchase, offer, or sale of any security; provided, however, that
such injunction shall not prevent Williams from purchasing or selling securities for his own
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Case 1:17-cv-01756-AJN Document 27 Filed 06/22/17 Page 3 of 4
This motion resolves all claims and issues related to VIP, Michael Osborn, Shenae
Osborn, and Williams. The SEC requests that the Court enter the final judgments pursuant to
Fed. R. Civ. P. 54(b) against VIP, Michael Osborn, Shenae Osborn, and Williams.
s/ Leslie J. Hughes
Leslie J. Hughes (Colo. Bar No. 15043)
Gregory A. Kasper (NY2735405; SDNY GK6596)
Attorneys for the Plaintiff
SECURITIES AND EXCHANGE COMMISSION
Denver Regional Office
1961 Stout St, Suite 1700
Denver, CO 80294
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Case 1:17-cv-01756-AJN Document 27 Filed 06/22/17 Page 4 of 4
CERTIFICATE OF SERVICE
I hereby certify that on June 22, 2017, a copy of the foregoing UNOPPSED MOTION
FOR ENTRY OF FINAL JUDGMENT AS TO VIPWALLST, INC., MICHAELTODD
OSBORN, SHENAE CATHERIN OSBORN, AND VIRGIL GENE WILLIAMS was filed
with the CM/ECF filing system and served upon the defendants by U.S. Mail, postage pre-paid,
as follows:
VIPWallST, Inc.
228 Park Avenue South, Suite 90767
New York City, New York
Shenae Osborn
105 West 86th Street #317
New York, NY 10024
Virgil Williams
3036 Fenelon St, Apt. A
San Diego, CA 92106
s/ Scott T. Wesley
Contract Paralegal
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