SEC Announces Central District of California Entered Final Judgments Against China Score Inc., Emerging Holdings Inc. and Massclick Inc.
07/30/2008
The Securities and Exchange Commission announced that on July 16, 2008, the Honorable Dean D. Pregerson, United States District Judge for the Central District of California, entered final judgments against defendants Stephen Luscko, age 40, formerly of Sarasota, Florida; Gregory Neu, age 32, formerly of Miami, Florida; Justin Medlin, age 27, formerly of San Diego, and China Score Inc. The judgments permanently enjoin defendants Neu, Luscko, and China Score from committing future violations of the securities registration provisions of the federal securities laws, and the judgments as to Luscko, Neu, and Medlin enjoin them from committing future violations of the securities antifraud provisions of the federal securities laws. The judgments also bar Luscko, Neu, and Medlin from participating in any penny stock offering, and enjoin Luscko and Neu from conducting unregistered securities offerings. Luscko, Neu, Medlin, and China Score each consented to the entry of the judgment against them without admitting or denying any of the allegations in the Commission's complaint. Additionally, the Court entered final judgments against defendants Emerging Holdings Inc. and Massclick Inc., permanently enjoining both companies from committing future violations of the securities registration provisions of the federal securities laws. On October 26, 2007, the Clerk of the Court entered the defaults of both Emerging Holdings and Massclick upon their failure to answer or otherwise respond to the Commission's complaint. Finally, the Court dismissed relief defendant Marc Primo Pulisci from the Commission's action. The final judgments entered by the Court effectively concluded the litigation in this matter.