Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_07-cv-06122/USCOURTS-cand-5_07-cv-06122-18/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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United States District Court

For the Northern District of California

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United States District Court

For the Northern District of California

IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

Securities and Exchange Commission,

Plaintiff,

 v.

Carl W. Jasper,

Defendant. /

NO. C 07-06122 JW 

JUDGMENT AND INJUNCTION

This case was tried to a jury, District Judge James Ware presiding. Attorneys Mark P.

Fickes, Erin E. Schneider, and Marc J. Fagel, represented Plaintiff Securities and Exchange

Commission (“SEC”). Attorneys Steven M. Bauer and Margaret Tough represented Defendant Carl

W. Jasper.

The case was submitted to the jury for decision on eleven claims, as follows:

The First Claim was by Plaintiff against Defendant for Fraud in Connection with the

Purchase or Sale of Securities.

The Second Claim was by Plaintiff against Defendant for Use of Instrumentalities in

Interstate Commerce to Commit Securities Fraud.

The Third Claim was by Plaintiff against Defendant for Obtaining Money or Property by

Means of Securities Fraud.

The Fourth Claim was by Plaintiff against Defendant for False Periodic Reports–Aiding and

Abetting.

Case 5:07-cv-06122-JW Document 300 Filed 07/21/10 Page 1 of 4
United States District Court

For the Northern District of California

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The Fifth Claim was by Plaintiff against Defendant for False Books and Records–Aiding and

Abetting.

The Sixth Claim was by Plaintiff against Defendant for Inadequate Internal Accounting

Controls–Aiding and Abetting.

The Seventh Claim was by Plaintiff against Defendant for Circumventing Internal

Accounting Controls.

The Eighth Claim was by Plaintiff against Defendant for Falsifying Books and Records.

The Ninth Claim was by Plaintiff against Defendant for False Statements of Omissions to

Accountants and Auditors.

The Tenth Claim was by Plaintiff against Defendant for False Certifications.

The Eleventh Claim was by Plaintiff against Defendant for False Proxy Statements.

The Verdict form required the jury to state its finding with respect to each claim by

answering written interrogatories. On April 23, 2010, the jury returned a unanimous verdict on each

interrogatory submitted to it. Pursuant to the jury verdict, judgment is entered in favor of Plaintiff

on Plaintiff’s First, Second, Fourth, Fifth, Sixth, Eight, Ninth and Tenth Claims. Judgment is

entered in favor of Defendant on Plaintiff’s Third, Seventh, and Eleventh Claims. 

Defendant Carl W. Jasper shall pay a civil penalty in the amount of $360,000 within sixty

(60) business days after entry of this Judgment. The payment shall be made by certified check, bank

cashier’s check, or United States postal money order payable to the Securities and Exchange

Commission and shall be delivered or mailed to the Office of Financial Management, Securities and

Exchange Commission, Operations Center, 6432 General Green Way, Mail Stop 0-3, Alexandria,

Virginia 22312, and shall be accompanied by a letter identifying Carl W. Jasper as Defendant in this

action; setting forth the title and civil action number of this action and the name of this Court; and

specifying that payment is made pursuant to this Judgment. Defendant shall pay post-judgment

interest on any delinquent amounts pursuant to 28 U.S.C. § 1961. The Commission shall remit the

funds as paid as a civil penalty pursuant to this paragraph to the United States Treasury.

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United States District Court

For the Northern District of California

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Defendant shall pay $1,869,639 as forfeiture of bonuses and stock-sale profits within ninety

(90) business days after entry of this Judgment. The payment shall be made by certified check, bank

cashier’s check, or United States postal money order payable to Maxim Integrated Products, Inc., c/o

Patrick C. Doolittle, Esq., Quinn Emanuel Urqart & Sullivan, LLP, 50 California Street, 22nd Floor,

San Francisco, California 94111, and shall be accompanied by a letter (with a copy of the letter and

check, or money order, to the Commission’s counsel in this action: Mark P. Fickes, Securities and

Exchange Commission, 44 Montgomery Street, Suite 2600, San Francisco, CA 94104) identifying

Carl W. Jasper as Defendant in this action; setting forth the title and civil action number of this

action and the name of this Court; and specifying that payment is made pursuant to this Judgment. 

Defendant shall pay post-judgment interest on any delinquent amounts pursuant to 28 U.S.C. § 1961. 

Defendant Jasper and his agents, servants, employees, attorneys-in-fact, and all persons in

active concert or participation with any of them, who receive actual notice of this Judgment, by

personal service or otherwise, and each of them, are permanently enjoined and restrained from,

directly or indirectly, violating the securities laws or regulations of the United States. 

Defendant Jasper is prohibited for a period of two years beginning on the date of this Order

from acting as an officer or director of any issuer that has a class of securities registered pursuant to

Section 12 of the Exchange Act, 15 U.S.C. § 78l, or that is required to file reports pursuant to

Section 15(d) of the Exchange Act, 15 U.S.C. § 78o(d).

The Clerk shall close this file.

Dated: July 21, 2010 

JAMES WARE

United States District Judge

Case 5:07-cv-06122-JW Document 300 Filed 07/21/10 Page 3 of 4
United States District Court

For the Northern District of California

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THIS IS TO CERTIFY THAT COPIES OF THIS ORDER HAVE BEEN DELIVERED TO:

Bill James Symes bsymes@foley.com

Christopher Benjamin Campbell christopher.campbell@lw.com

Christopher William Johnstone chris.johnstone@lw.com

Danielle Andrea Lackey danielle.lackey@lw.com

David Michael Friedman david.friedman@lw.com

Erin E. Schneider schneidere@sec.gov

Heather Lynn Thompson heather.thompson@lw.com

Judith L. Anderson andersonju@sec.gov

Marc J. Fagel fagelm@sec.gov

Margaret Tough margaret.tough@lw.com

Mark Philip Fickes fickesm@sec.gov

Risha Nickelle Jamison risha.jamison@lw.com

Robert Lootfi Tashjian tashjianr@sec.gov

Robert S. Leach leachr@sec.gov

Steven Mark Bauer steve.bauer@lw.com

Susan F. LaMarca lamarcas@sec.gov

Dated: July 21, 2010 Richard W. Wieking, Clerk

By: /s/ JW Chambers 

Elizabeth Garcia

Courtroom Deputy

Case 5:07-cv-06122-JW Document 300 Filed 07/21/10 Page 4 of 4