LAS VEGAS (CN) – Compass Capital Group and the six men who controlled it violated securities laws to sell unregistered shares of 21st Century Technologies, the SEC claims in Federal Court. It claims the officers – Mark Lefkowitz, John C. Hopf, Shane H. Traveller, John R. Dumble, Kevin D. Romney, and Alvin L. Dahl – structured the offering to generate illegal profits and fraudulently concealed Compass Capital’s role in the public offering.
According to the SEC complaint:
Lefkowitz, 40, of Colts Neck, N.J., controlled Compass Capital. His NASD licenses were revoked in 2003.
Dahl, 66, of Plano, Texas, is a CPA and was Compass Capital’s CFO.
Dumble, 56, of Las Vegas, was Compass Capital’s CEO.
Hopf, 42, of Katonah, N.Y., was on Compass Capital’s board of directors. He owns and operates Bull Market Trading LLC and Wall Street FN, LLC.
Romney, 47, of Henderson, Nev., is a CPA and was a consultant, member of the board, general manager, senior vice president and CEO of Compass Capital. Texas revoked his CPA license in 1995 for failing to pay the annual license fee for three years.