# SEC Litigation Release LR-15360

> Civil enforcement action · 1997-05-06

## Defendants

Southwest Income Trust; Advantage Income Trust; and Investors Trading Trust, Palo Verde 136, Inc., Steven R. Shoop, Advantage Marketing Group, Inc., Charles D. Brown, FLC Corporation, Donn K. Phillips and Anthony Ghirardello



## Key facts

- **Release number:** LR-15360
- **Release date:** 1997-05-06
- **Defendants:** Southwest Income Trust; Advantage Income Trust; and Investors Trading Trust, Palo Verde 136, Inc., Steven R. Shoop, Advantage Marketing Group, Inc., Charles D. Brown, FLC Corporation, Donn K. Phillips and Anthony Ghirardello

## Primary sources

- SEC HTML release: https://www.sec.gov/litigation/litreleases/1997/lr15360.htm
- Litigation releases index: https://www.sec.gov/litigation/litreleases

## What this is

SEC Litigation Releases are the canonical "civil enforcement" docket. The SEC files civil actions in federal court against individuals and entities for securities-law violations — fraud, insider trading, Ponzi schemes, registration violations, misleading disclosures, market manipulation. Each release announces a filing, a settlement, or a final judgment. Activist funds, plaintiff lawyers, and investigative journalists use this archive as the most-comprehensive index of US securities enforcement.

## Citation

> US Securities and Exchange Commission, Litigation Release LR-15360 (1997-05-06), Southwest Income Trust; Advantage Income Trust; and Investors Trading Trust, Palo Verde 136, Inc., Steven R. Shoop, Advantage Marketing Group, Inc., Charles D. Brown, FLC Corporation, Donn K. Phillips and Anthony Ghirardello. Retrieved via AI Analytics 2026-05-22 from https://api.ai-analytics.org/sec-litigation/15360.

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