Skip Maine state header navigation
DOCKET NO. CV-00-91
SECURITIES ADMINISTRATOR, )
v. ) ORDER
DEE TECH CORPORATION and )
PERREN S. WATSON, )
Default having been entered against Defendants on all of Plaintiffs’ claims, the Court hereby specifically orders the following relief:
are permanently enjoined from offering or selling unregistered securities in
the State of
Watson is enjoined from transacting business as a sales representative for
securities in the State of
3. Within sixty days of receiving actual notice of this Order, Defendants shall offer and make restitution to investors, by offering to rescind sales of shares of Defendant Dee Tech. Defendants shall return full purchase prices of investments in Defendant Dee Tech, with interest, to every investor who accepts the offer;
4. Within sixty days of receiving actual notice of this Order, Defendants shall provide to Plaintiff Securities Administrator an accounting of monies received for investment in Defendant Dee Tech.
5. Within sixty days of receiving actual notice of this Order, Defendant Dee Tech shall pay a civil penalty of $10,000 and Defendant Watson shall pay a civil penalty of $20,000.
/s/ Justice S. Kirk Studstrup
JUSTICE, SUPERIOR COURT