# SEC Litigation Release LR-26344

> Civil enforcement action · 2025-07-10

## Defendants

William A. Justice, Keith A. Rosenbaum, Brian D. Shibley, and Randell R. Torno

## Related filings

Final Judgment - Brian Shibley , Judgment - Keith Rosenbaum , Final Judgment - Randell Torno , Final Judgment - William Justice


## Key facts

- **Release number:** LR-26344
- **Release date:** 2025-07-10
- **Defendants:** William A. Justice, Keith A. Rosenbaum, Brian D. Shibley, and Randell R. Torno

## Primary sources

- SEC HTML release: https://www.sec.gov/litigation/litreleases/2025/lr26344.htm
- Primary PDF: https://www.sec.gov/files/litigation/litreleases/2025/judg26344-brian-shibley.pdf
- 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-26344 (2025-07-10), William A. Justice, Keith A. Rosenbaum, Brian D. Shibley, and Randell R. Torno. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/sec-litigation/26344.

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