Finality Order of an Initial Decision of an SEC Administrative Law Judge

In the Matter of
Darlan E. Gordan and William Avent

UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Rel. No. 42599 / March 30, 2000

Admin. Proc. File No. 3-9402

In the Matter of Darlan E. Gordon and William Avent,

: : : : : :

REVISED NOTICE THAT INITIAL DECISION HAS BECOME FINAL

The time for filing a petition for review of the initial decision in this proceeding has expired. No such petition has been filed with respect to Darlan E. Gordon and William Avent, and the Commission has not chosen to review the decision as to them on its own initiative.

Accordingly, notice is hereby given, pursuant to Rule 360(e) of the Commission's Rules of Practice, that the initial decision of the administrative law judge ¹ has become the final decision of the Commission with respect to Darlan E. Gordon and William Avent. The order contained in that decision that: (a) Darlan E. Gordon and William Avent cease and desist from committing any violations or future violations of Section 17(a) of the Securities Act of 1933; and (b) Darlan E. Gordon and William Avent jointly and severally disgorge $300,000, plus prejudgment interest from August 28, 1995 through the last day of the month preceding the month in which payment of disgorgement is made to the United States Treasury is final.

The payment of disgorgement and interest shall be made within thirty days of the date of this notice. The rate of interest on the disgorgement amount shall be that established under 28 U.S.C. § 6621(a)(2), compounded quarterly, pursuant to Rule of Practice 600, 17 C.F.R. § 201.600. Payment shall be: (a) made by United States postal money order, certified check, bank cashier's check, or bank money order; (b) made payable to the Securities and Exchange Commission; (c) mailed to the Comptroller, Securities and Exchange Commission, 6432 General Green Way, Suite B, Mail Stop 0-3, Alexandria, Virginia 22312; and (d) submitted under cover letter which identifies Darlan E. Gordon or William Avent as a respondent in this proceeding, as well as the Commission's case number. A copy of said cover letter and money order or check shall be sent to J. Cindy Eson, Southeast Regional Office, Securities and Exchange Commission, 1401 Brickell Avenue, Suite 200, Miami, Florida 33131.

For the Commission by the Office of the General Counsel, pursuant to delegated authority.

Jonathan G. Katz
Secretary

Footnote

http://www.sec.gov/litigation/aljdec/id161fo.htm