==========================================START OF PAGE 1====== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. LITIGATION RELEASE No. 14974 / July 9, 1996 SECURITIES AND EXCHANGE COMMISSION V. HARVEY P. TABB, ET AL., Civil Action No. C-95-03459-CW (N.D. Cal. Sept. 29, 1995) The Securities and Exchange Commission today announced the filing of a motion in the above action seeking an order adjudging defendants Harvey P. Tabb, Donald R. Golan, American Ticketing Systems, Inc., Business Investment Group, Inc. and Socal Ameritix Limited Partnership (collectively, "defendants") in civil contempt. The Commission's Motion alleges that defendants have continued to offer and sell unregistered securities in violation of an Order of Permanent Injunction, issued by the Court in this action against defendants. The Order of Permanent Injunction permanently enjoined defendants from future violations of the registration provisions of the federal securities laws [Sections 5(a) and 5(c) of the Securities Act of 1933 ("Securities Act") and Section 15(a) of the Securities Exchange Act of 1934 ("Exchange Act")]. The Commission's motion seeks the imposition of daily fines until the defendants have demonstrated that they are in full compliance with the Order of Permanent Injunction. As discussed in Litigation Release No. 14671, October 2, 1995, this action involves the alleged fraudulent offer and sale of a series of unregistered limited and general partnership interests by the defendants. In its Complaint, the Commission sought a permanent injunction against the defendants, accountings, disgorgement plus prejudgment interest and civil penalties pursuant to Section 20(d) of the Securities Act and Section 21(d)(3) of the Exchange Act.