David L. Hersh
     

The Securities and Exchange Commission (Commission) announced today that on September 22, 2009, it filed a settled Complaint in the United States District Court for the Eastern District of North Carolina against David L. Hersh (Hersh). The Commission alleges that between January 2007 and January 2009, Hersh conducted a fraudulent offering of $2 million in unregistered securities from his home near Raleigh, North Carolina.
     

http://www.sec.gov/litigation/litreleases/2009/lr21218.htm