# SEC Litigation Release LR-18247

> Civil enforcement action · 2003-07-23

## Defendants

Michael Lauer, Lancer Management Group, LLC, and Lancer Management Group II, LLC



## Key facts

- **Release number:** LR-18247
- **Release date:** 2003-07-23
- **Defendants:** Michael Lauer, Lancer Management Group, LLC, and Lancer Management Group II, LLC

## Primary sources

- SEC HTML release: https://www.sec.gov/litigation/litreleases/2003/lr18247.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-18247 (2003-07-23), Michael Lauer, Lancer Management Group, LLC, and Lancer Management Group II, LLC. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/sec-litigation/18247.

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