Action against Defendants, five individuals, for an alleged pump-and-dump scheme. According to the SEC, Defendants promoted penny stocks in companies that they controlled and participated in coordinated trading between these companies to imitate market interest and increase share prices. The SEC alleges that Defendants then sold the penny stocks when the price artificially rose. Defendants have agreed to pay total disgorgement of $10.25 million and prejudgment interest of $895,487. Defendants have also pleaded guilty in a parallel criminal action.