Bustops Of California

SEC Agrees to Settle Fraud Suit Against O.C. Bus Shelter Firm : Regulations: Pyramid scheme was alleged by the commission. Metro Display Advertising denies the charge but agrees never to violate laws in the future.

February 4, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER

A week after filing a lawsuit alleging a complex pyramid scheme, the Securities and Exchange Commission agreed Monday to settle its case against a Tustin bus shelter company and its former president, Jean Claude LeRoyer. In separate consent agreements with the SEC, Metro Display Advertising and LeRoyer, while neither admitting nor denying any wrongdoing, agreed never to violate federal securities laws in the future.

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SEC Agrees to Settle Fraud Suit Against O.C. Bus Shelter Firm : Regulations: Pyramid scheme was alleged by the commission. Metro Display Advertising denies the charge but agrees never to violate laws in the future.

February 4, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER

A week after filing a lawsuit alleging a complex pyramid scheme, the Securities and Exchange Commission agreed Monday to settle its case against a Tustin bus shelter company and its former president, Jean Claude LeRoyer. In separate consent agreements with the SEC, Metro Display Advertising and LeRoyer, while neither admitting nor denying any wrongdoing, agreed never to violate federal securities laws in the future.

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