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	<title>Contracts Blog &#187; securities and exchange commission</title>
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		<title>SEC Charges Insiders from Ramp Corporation and Xybernaut Corporation</title>
		<link>http://www2.onecle.com/blog/archives/2007/11/03/sec-charges-insiders-from-ramp-corporation-and-xybernaut-corporation/</link>
		<comments>http://www2.onecle.com/blog/archives/2007/11/03/sec-charges-insiders-from-ramp-corporation-and-xybernaut-corporation/#comments</comments>
		<pubDate>Sat, 03 Nov 2007 11:42:52 +0000</pubDate>
		<dc:creator>Ken Chan</dc:creator>
				<category><![CDATA[litigation]]></category>
		<category><![CDATA[ramp]]></category>
		<category><![CDATA[securities and exchange commission]]></category>
		<category><![CDATA[xybernaut]]></category>

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		<description><![CDATA[SEC: Commission Charges Short Sellers and Corporate Insiders in Massive Scheme to Conceal the Short Sellers&#8217; Control Over Ramp Corporation and Xybernaut Corporation.  On October 19, 2007, the Commission filed a civil action in the U.S. District Court for the Eastern District of New York against: two short sellers, Zev Saltsman and Menachem Eitan; [...]]]></description>
			<content:encoded><![CDATA[<p></p><blockquote><p><strong>SEC</strong>: <a href="http://www.sec.gov/litigation/litreleases/2007/lr20341.htm">Commission Charges Short Sellers and Corporate Insiders in Massive Scheme to Conceal the Short Sellers&#8217; Control Over Ramp Corporation and Xybernaut Corporation</a>.  On October 19, 2007, the Commission filed a civil action in the U.S. District Court for the Eastern District of New York against: two short sellers, Zev Saltsman and Menachem Eitan; two former officers and directors of Xybernaut Corporation, <a href="http://contracts.onecle.com/xybernaut/newman.emp.2003.04.29.shtml">Edward G. Newman</a> and <a href="http://contracts.onecle.com/xybernaut/newman.emp.2003.01.01.shtml">Steven A. Newman</a>; a former director of Xybernaut and outside counsel to Xybernaut and Ramp Corporation, Martin E. Weisberg; and Ramp&#8217;s former CEO, <a href="http://contracts.onecle.com/ramp/brown-emp-2004-06-01.shtml">Andrew Brown</a>. The Commission&#8217;s complaint charges the defendants with engaging in a scheme to conceal Saltsman and Eitan&#8217;s control over Ramp and Xybernaut.</p></blockquote>
<p>I have added <a href="http://contracts.onecle.com/alpha/7110.shtml">Xybernaut Corporation contracts</a> and <a href="http://contracts.onecle.com/alpha/7932.shtml">Ramp Corporation contracts</a> to the website.  You can find employment contracts for a few of the insiders charged.</p>
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