U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20680 / August 12, 2008

Accounting and Auditing Enforcement Release No. 2861 / August 12, 2008

Securities and Exchange Commission v. Jeffrey P. Jorissen, Gary A. Shiffman and Mary A. Petrella, Civil Action No. 2:06-CV-10845 (E.D.Mich. filed February 27, 2006) (Feikens, J.)

SEC Resolves Sun Communities Litigation

The Securities and Exchange Commission today announced that it has resolved its litigation against certain officers and employees of Sun Communities, Inc., a publicly-traded company headquartered in Michigan which owns and operates manufactured housing and mobile home communities. Without admitting or denying the allegations of the SEC's complaint, which was filed in the United States District Court for the Eastern District of Michigan, the company's former Chief Financial Officer, Jeffrey P. Jorissen, consented to the entry of a final judgment enjoining him from violations of Rule 13b2-1 of Securities Exchange Act of 1934 and from aiding and abetting violations of Section 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1 and 13a-13 thereunder and imposing a civil penalty of $25,000. Jorissen also consented, without admitting or denying the findings therein, to an administrative order suspending him from appearing or practicing before the SEC as an accountant with a right to apply for reinstatement after two years. The SEC agreed to dismiss its claims against the company's Chief Executive Officer, Gary A. Shiffman, and former Controller, Mary A. Petrella. For more information, see LR-19580 (Feb. 27, 2006).

http://www.sec.gov/litigation/litreleases/2008/lr20680.htm