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David Colton

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BUSINESS
August 13, 1999 | EDMUND SANDERS, TIMES STAFF WRITER
About 1,000 investors who lost their life savings in the collapse of Hill Williams Development Corp.--which became one of Orange County's costliest real estate scams--have filed a lawsuit accusing one of the firm's former promoters of hiding assets in order to avoid a $23-million judgment. The suit, filed in Orange County Superior Court, contends that David A.
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BUSINESS
October 6, 1999 | DARYL STRICKLAND, TIMES STAFF WRITER
An administrative law judge has banned David Colton, an Orange County developer who was a key figure in one of Orange County's costliest real estate scams, from being involved in any securities business in the state. The state Department of Corporations sought the ban after Colton allegedly failed to comply with a court order in 1995 to repay more than $23 million to investors in the Hill Williams Development Corp., for which he served as an underwriter in several deals.
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BUSINESS
March 16, 1993 | SUSAN CHRISTIAN and GREG JOHNSON, TIMES STAFF WRITERS
Rob Peterson stood at his second-floor office window one morning last fall watching people, most of them elderly, board a bus outside the lobby of Hill Williams Development Corp. Within minutes, founder Donald Hill Williams Jr. would be treating yet another group of prospective investors to a tour of his company's desert properties, telling them how their dollars could turn the raw land into planned communities. "I felt sick to my stomach," Peterson said. "The people looked so vulnerable."
BUSINESS
August 13, 1999 | EDMUND SANDERS, TIMES STAFF WRITER
About 1,000 investors who lost their life savings in the collapse of Hill Williams Development Corp.--which became one of Orange County's costliest real estate scams--have filed a lawsuit accusing one of the firm's former promoters of hiding assets in order to avoid a $23-million judgment. The suit, filed in Orange County Superior Court, contends that David A.
BUSINESS
October 6, 1999 | DARYL STRICKLAND, TIMES STAFF WRITER
An administrative law judge has banned David Colton, an Orange County developer who was a key figure in one of Orange County's costliest real estate scams, from being involved in any securities business in the state. The state Department of Corporations sought the ban after Colton allegedly failed to comply with a court order in 1995 to repay more than $23 million to investors in the Hill Williams Development Corp., for which he served as an underwriter in several deals.
BUSINESS
April 21, 1995 | GREG JOHNSON, TIMES STAFF WRITER
Investment broker David A. Colton willfully defrauded investors in the failed Hill Williams Development Corp., helping founder Donald Hill Williams bilk investors out of $90 million, an Orange County judge has ruled. In a scathing opinion, Superior Court Judge William F. McDonald ordered Colton to pay $23.3 million in damages to investors for failing to act prudently while serving as underwriter for several Hill Williams Development deals.
BUSINESS
October 6, 1999 | Daryl Strickland
An administrative law judge has banned David Colton, an Orange County developer who was a principal figure in one of Orange County's costliest real estate scams, from being involved in any securities business in the state. The state Department of Corporations sought the ban after Colton allegedly failed to comply with a court order in 1995 to repay $23 million to investors in the Hill Williams Development Corp., which he helped promote. The operation collapsed in 1993.
CALIFORNIA | LOCAL
April 30, 2000
Once again, The Times has exhibited its naivete when the task at hand involves covering a story or otherwise handling an issue dealing with the railroad industry. Sherry Kiesling Fox and her organization, Railwatch, are simply a lobbying "front" for the trucking industry (Letters, April 23). My only hope is that editors will do their homework before allowing the letters pages to be exploited by biased, self-serving lobbying groups. DAVID ARTHUR Colton
BUSINESS
April 21, 1995 | Times Staff and Wire Reports
Hill Williams Broker to Pay $23.3 Million: Investment broker David A. Colton willfully defrauded investors in the failed Hill Williams Development Corp., helping founder Donald Hill Williams to bilk investors out of $90 million, an Orange County judge ruled in a decision released Thursday. Superior Court Judge William F. McDonald ordered Colton, an Irvine businessman who has filed for personal bankruptcy, to pay $23.3 million in damages to 1,065 investors. McDonald also awarded plaintiffs $15.
BUSINESS
October 18, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Hoping to fill a gap in construction lending as Southern California's real estate market slows, developer Donald H. Williams Jr. is trying to raise money to finance construction of low-cost homes. Williams, of Anaheim Hills, has filed a preliminary prospectus with the Securities and Exchange Commission seeking approval to sell 400,000 limited partnerships to raise up to $200 million under the name Hill Williams Secured Income Fund.
BUSINESS
April 21, 1995 | GREG JOHNSON, TIMES STAFF WRITER
Investment broker David A. Colton willfully defrauded investors in the failed Hill Williams Development Corp., helping founder Donald Hill Williams bilk investors out of $90 million, an Orange County judge has ruled. In a scathing opinion, Superior Court Judge William F. McDonald ordered Colton to pay $23.3 million in damages to investors for failing to act prudently while serving as underwriter for several Hill Williams Development deals.
BUSINESS
March 16, 1993 | SUSAN CHRISTIAN and GREG JOHNSON, TIMES STAFF WRITERS
Rob Peterson stood at his second-floor office window one morning last fall watching people, most of them elderly, board a bus outside the lobby of Hill Williams Development Corp. Within minutes, founder Donald Hill Williams Jr. would be treating yet another group of prospective investors to a tour of his company's desert properties, telling them how their dollars could turn the raw land into planned communities. "I felt sick to my stomach," Peterson said. "The people looked so vulnerable."
MAGAZINE
October 24, 1999
I want Antonia Hernandez to stop speaking for me about our attitudes toward the racial questions we all must face daily ("The Advocate," by Jocelyn Y. Stewart, Sept. 12). Hernandez is part of the past. You gotta get with the future. I am opposed to Her-nandez and her quest to end her so-called social oppression. She is definitely not a victim; rather, she is one of the fortunate ones, one of America's favored. She's had opportunities for all things--and I hope not at the expense of the less fortunate millions she claims to represent.
SPORTS
June 14, 2000
BASEBALL DIVISION VI MVP--Tim Thompson (Simi Valley Grace Brethren), Sr. Coach of the Year--Aaron Maracarelli (Simi Valley Grace Brethren) First team--Steve Aman (Rio Hondo Prep), Sr.; Julio Bautista (Canoga Park), Sr.; Josh Chambless (Granada Hills Hillcrest Christian), Sr.; Christopher Chartier (Joshua Springs), Sr.; Jesse Cone (Atascadero North County Christian), Jr.; Brett Cwierz (Norwalk Pioneer Baptist), Sr.; Luis Diaz-Miron (Temecula Linfield), Sr.; Adam Garrett (Banning Twin Pines), Sr.
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