Feb 14
2008

James O. Bowling, of Dallas, Texas, was indicted on February 14, 2008, in the 282nd District Court of Dallas County, Texas, Cause Nos. F-0800155-GJR, F-0800156-GJR, and F-0800175-GJR, on charges of securities fraud. Bowling allegedly engaged in fraud in connection with the offer for sale and sale of a POS terminal equipment investment program of TMT Management Group, LLC, TMT Equipment Co., LLC, POSA, LLC and POSA TMT, LLC, by intentionally failing to disclose that the Pennsylvania Securities Commission had issued an administrative order against him for offering the POS terminal equipment investment program in violation of the registration requirements of the Pennsylvania Securities Act.