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Dawn J. Bennett barred from industry; ordered to pay $4 million in fines, disgorgement

Wednesday, July 13, 2016 🞕︎ InvestmentNews

Tom Ajamie spoke with InvestmentNews senior columnist Jeff Benjamin about the SEC’s ruling against Ms. Bennett and her firm Bennett Group. An excerpt:

Tom Ajamie, managing partner at the law firm Ajamie LLP, praised the SEC for taking a hard stand against Ms. Bennett.

“The punishment is appropriate; right in line with what it should be,” he said.

In terms of how Ms. Bennett is likely to respond, from a legal perspective, Mr. Ajamie said, “There's nothing to appeal here because she didn't show up to defend herself. The evidence in the decision looks pretty bullet proof.”

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