One Thousand One Hundred and Forty Seven Pages: My Entire Sworn Testimony Before the SEC Staff

Over three days in December 2009 (as part of their investigation before the Securities and Exchange Commission sued me) and two days in April 2012 (after they sued me), I provided under oath 1,147 pages of answers to the SEC Staff’s questions. I answered every single question posed by them to the best of my ability and recollection. Rarely did I say, “I don’t know” or “I don’t recall”. Rarely did I just answer “yes” or “no”. I was cooperative and helpful, providing significant facts and/or explanation.

As promised and for the record, here are the complete transcripts of my SEC depositions.

Attached here is my counsel Covington & Burling’s October 1, 2012 press release which summarizes the SEC litigation and the key terms of the September 2012, settlement agreement. M. Perry’s Attorneys Press Release Re. Settlement with SEC

After spending years of my life and millions of dollars in legal fees defending myself against the SEC’s claims, it is important to note that the Securities and Exchange Commission never proved a single allegation against me. In fact, every single allegation that was heard on the merits was dismissed by the Court, finding they failed as a matter of law. I settled a single remaining negligence claim, related to a May 12, 2008 securities filing, without admitting to it (but I am prevented from denying it either), agreed to pay the SEC an $80,000 civil penalty and to not violate the securities laws in the future. I retain my inactive CPA license and remain able to serve as an officer and/or director of any publicly-traded company.

Click the below links to access the documents.

December 16, 2009 – SEC Deposition of M. Perry

December 17, 2009 – SEC Deposition of M. Perry

December 18, 2009 – SEC Deposition of M. Perry

April 17, 2012 – SEC Deposition of M. Perry

April 18, 2012 – SEC Deposition of M. Perry

Posted on September 10, 2013, in Postings. Bookmark the permalink. 2 Comments.

  1. Never ever had any doubts of any wrong doing from you Mr.Perrey. I am sure and have no doubt you will put all this behind and move forward to better and wonderful days to come. Wish you all the best Mr.Perry from my family and I. Always the best for you and your family

  2. Mike, as we discussed during our drive home, nobody but yourself can fully comprehend what you’ve endured these past 5 years….I went thru some of your first meeting with these characters….what a grind, but you came through this and more…..I am hopeful that the last phase of this ordeal reaches an appropriate end soon.

    Thanks again for hosting us in your beautiful Mammoth home and for the fun time together in the field!

    Best, Mark

    Mark Nelson 3256 Sitio Tortuga Carlsbad, CA 92009 760.473.7558

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