# SEC Litigation Release LR-16950

> Civil enforcement action · 2001-04-03

## Defendants

Steven E. Thorn, Craig A. Morgan, Karen A. Estrada, Global Investors Group, LLC, First Financial Ventures, LLC, Second Financial Ventures, LLC, Third Financial Ventures, LLC, Fund Global, LLC and Global Equity Group, LLC



## Key facts

- **Release number:** LR-16950
- **Release date:** 2001-04-03
- **Defendants:** Steven E. Thorn, Craig A. Morgan, Karen A. Estrada, Global Investors Group, LLC, First Financial Ventures, LLC, Second Financial Ventures, LLC, Third Financial Ventures, LLC, Fund Global, LLC and Global Equity Group, LLC

## Primary sources

- SEC HTML release: https://www.sec.gov/litigation/litreleases/2001/lr16950.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-16950 (2001-04-03), Steven E. Thorn, Craig A. Morgan, Karen A. Estrada, Global Investors Group, LLC, First Financial Ventures, LLC, Second Financial Ventures, LLC, Third Financial Ventures, LLC, Fund Global, LLC and Global Equity Group, LLC. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/sec-litigation/16950.

---

*[SEC litigation releases dataset](/datasets/sec-litigation-releases) · CC0 1.0*