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S.E.C. v. CHAMPION SPORTS MANAGEMENT, INC.

No. 84 Civ. 5778(RJW).

599 F.Supp. 527 (1984)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CHAMPION SPORTS MANAGEMENT, INC., and Richard Hirschfeld, Defendants.

United States District Court, S.D. New York.

November 1, 1984.

Attorney(s) appearing for the Case

Securities Exchange Commission, New York City, Ira Lee Sorkin, Regional Administrator, New York City, for plaintiff; Sandra Dolan, Anne C. Flannery, Margaret M. McQueeney, Venrice R. Palmer, Sp. Trial Counsel, Stephanie Sklar, New York City, of counsel.

Sacks, Sacks & Larkin, Norfolk, Va., for defendant Hirschfeld; Stanley E. Sacks, Norfolk, Va., Attorney in Charge, Andrew M. Sacks, Norfolk, Va., of counsel.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

ROBERT J. WARD, District Judge.

FINDINGS OF FACT

In August, 1983, Champion Sports Management, Inc. ("Champion"), a Virginia corporation, filed a registration statement with the Securities and Exchange Commission (the "Commission") pursuant to Section 5 of the Securities Act of 1933, 15 U.S.C. § 77e, on Form S-1, 17 C.F.R. § 239.11, with respect to its proposed initial public offering.

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