2025-09-12 sec-litreleases judgment 107 KB 6,701 chars

SEC v. Charles T. Lawrence, Jr.; Landes Prive, LLC; Landes and Compagnie Trust Prive a/k/a Landes and Compagnie Trst KB; HEKYEAH, LLC; Justin D. Smith; and Brenda M. Bisner, No. 2:23-cv-00550-PP, Eastern District of Wisconsin (Sept. 12, 2025) — Judgment

raw: SEC v. CHARLES T. LAWRENCE

SEC v. CHARLES T. LAWRENCE, No. 2:23-cv-00550-PP (Sept. 12, 2025)

Caption
Securities and Exchange Commission v. Charles T. Lawrence, Jr.
summary

Relief defendant Brenda M. Bisner consented to a final judgment in an SEC enforcement action, agreeing to pay over $202,000 in disgorgement and interest.

paragraph

Relief defendant Brenda M. Bisner was ordered to pay $183,951 in disgorgement plus $18,940 in prejudgment interest, totaling $202,891. The judgment follows an SEC enforcement action involving defendant Charles T. Lawrence, Jr. and several relief defendants. The court ordered the total amount to be paid in four installments over a one-year period.

narrative

In a securities enforcement action brought by the SEC in the Eastern District of Wisconsin, relief defendant Brenda M. Bisner consented to a final judgment without admitting or denying the allegations. The court ordered Bisner to pay a total of $202,891, which comprises $183,951 in disgorgement of ill-gotten funds and $18,940 in prejudgment interest. The payment is structured into four installments due within three days, 180 days, 270 days, and 365 days of the judgment entry. To satisfy the initial obligation, Bank of America is ordered to transfer the balance of a frozen account held by Bisner directly to the Commission. The SEC will hold these funds subject to court approval for a potential distribution plan. The judgment also establishes that the debt is non-dischargeable in bankruptcy due to its connection to federal securities law violations.

Enriched metadata

Scheme
unregistered-securities (80%)
Court
Eastern District of Wisconsin
Case No.
2:23-cv-00550-PP
Outcome
settled
Disgorgement
$202,891
Classified unregistered-securities(confidence 80%). EDGAR detection: forms Form D/S-1· recall 41% / precision 30%. detection rule →
Statutes
28 U.S.C. § 196111 U.S.C. §52311 U.S.C. §523(a)
Parties
Securities and Exchange CommissionCharles T. Lawrence, Jr.Landes Prive, LLCLandes and Compagnie Trust Prive a/k/a Landes and Compagnie Trst KBHEKYEAH, LLCJustin D. SmithBrenda M. Bisner
Keywords
finalbisnerentry finalpaymentcommissionbrenda bisnerdays entryentrypage documentsecinterestsecurities exchangeexchange commissionprejudgment interestpayment made

Extracted insights

Dollar amounts 6
  • $203K $202,891 $100K–$1M
  • $203K $202,891 $100K–$1M
  • $184K $183,951 $100K–$1M
  • $59K $59,034 $10K–$100K
  • $48K $47,952 $10K–$100K
  • $19K $18,940 $10K–$100K
Entities 4
  • company a plan to distribute the fund
  • person Brenda M. Bisner
  • agency Securities and Exchange Commission
  • organization Securities and Exchange Commission
Triples 12
  • Brenda M. Bisner consents to entry of this final judgment
  • Brenda M. Bisner waives findings of fact and conclusions of law
  • Brenda M. Bisner waives any right to appeal
  • Brenda M. Bisner is liable for disgorgement of $183,951
  • Brenda M. Bisner must pay $202,891 to the Securities And Exchange Commission
  • Brenda M. Bisner may transmit payment electronically to the Commission
  • Brenda M. Bisner must satisfy this obligation by paying $202,891
  • Securities And Exchange Commission must hold the funds until further order of this court
  • Securities And Exchange Commission may propose a plan to distribute the fund
  • Securities And Exchange Commission may enforce the court's judgment for disgorgement and prejudgment interest
  • Brenda M. Bisner must pay post judgment interest on any amounts due
  • Brenda M. Bisner must pay four installment payments of $202,891
Text layers
Extracted body text (6,701c)
1

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WISCONSIN

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,

   Plaintiff,
        Case No. 23-cv-550-pp
 v.

CHARLES T. LAWRENCE, JR.

   Defendant

and

LANDES PRIVE, LLC.,
LANDES AND COMPAGNIE TRUST PRIVE
a/k/a Landes and Compagnie Trst KB,
HEKYEAH, LLC, JUSTIN D. SMITH
and BRENDA M. BISNER,

   Relief Defendants

FINAL JUDGMENT AS TO RELIEF DEFENDANT BRENDA M. BISNER

Relief defendant Brenda M. Bisner consents to entry of this final
judgment without admitting or denying the allegations of the complaint (except
as to jurisdiction and as otherwise provided in this judgment), waives findings
of fact and conclusions of law and waives any right to appeal from this final
judgment.
I.
The court ORDERS and ADJUDGES that Brenda M. Bisner is liable for
disgorgement of $183,951, representing ill-gotten funds received by Bisner as

2

alleged in the complaint, together with prejudgment interest on those funds in
the amount of $18,940, for a total of $202,891. After entry of this final
judgment, Bisner must satisfy this obligation by paying $202,891 to the
Securities and Exchange Commission under the terms of the payment schedule
in Paragraph II of this final judgment.
Bisner may transmit payment electronically to the Commission, which
will provide detailed ACH transfer/Fedwire instructions upon request.
Payment may also be made directly from a bank account via Pay.gov through
the SEC website at http://www.sec.gov/about/offices/ofm.htm. Bisner also
may pay by certified check, bank cashier’s check or United States postal money
order payable to the Securities and Exchange Commission; she must deliver or
mail those forms of payment to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and must include with the payment an accompanying letter identifying the
case title, civil action number and name of this court; Brenda M. Bisner as a
relief defendant in this action; and a statement that the payment is being made
in compliance with this final judgment.
Simultaneously with the submission of payment, Bisner must transmit
photocopies of evidence of payment and case identifying information to the
Commission’s counsel in this case. By making this payment, Bisner
relinquishes all legal and equitable right, title and interest in such funds and
no part of the funds shall be returned to Bisner.

3

The Commission must hold the funds (collectively, the “fund”) until
further order of this court. The SEC may propose a plan to distribute the fund
subject to the court’s approval, and the court shall retain jurisdiction over the
administration of any distribution of the fund.
The Commission may enforce the court’s judgment for disgorgement and
prejudgment interest by using all collection procedures authorized by law,
including, but not limited to, moving for civil contempt at any time after 30
days following entry of this final judgment. Bisner must pay post judgment
interest on any amounts due after thirty (30) days of entry of this final
judgment, under 28 U.S.C. § 1961.
II.
Bisner must pay to the Commission the total of the disgorgement and
prejudgment interest—$202,891—in four installment payments according to
the following schedule: (1) $59,034.49, within three (3) days of entry of this
final judgment, which shall be satisfied by the transfer described in Paragraph
III. below; (2) $47,952.17, within one hundred eight (180) days of entry of this
final judgment; (3) $47,952.17, within two hundred seventy (270) days of entry
of this final judgment; and (4) $47,952.17, within three hundred sixty-five (365)
days of entry of this final judgment. Payments shall be deemed made on the
date the Commission receives them and the Commission must apply the
payments first to post judgment interest, which accrues under 28 U.S.C. §1961
on any unpaid amounts due after thirty (30) days of the entry of final
judgment. Before making the final payment described in this final judgment,

4

Bisner must contact the staff of the Commission for the amount due for the
final payment.
If Bisner fails to make any payment by the date agreed and/or in the
amount agreed according to the schedule set forth above, all outstanding
payments under this final judgment—including post-judgment interest, minus
any payments made—shall become due and payable immediately at the
discretion of the staff of the Commission without further application to the
court.
III.
 The court ORDERS that within three (3) business days after being served
by UPS next-day delivery or email from the SEC with a copy of this final
judgment, Bank of America, N.A. (“BofA”) must transfer the entire balance of
the following BofA account(s) (which were frozen by an order of this court) to
the Commission:
Account Owner Acct. Ending in:
Brenda M. Bisner *3293
BofA may transmit payment electronically to the Commission, which will
provide detailed ACH transfer/Fedwire instructions upon request.  Payment
may also be made directly from a bank account via Pay.gov through the SEC
website at http://www.sec.gov/about/offices/ofm.htm. BofA also may transfer
these funds by certified check, bank cashier’s check or United States postal
money order payable to the Securities and Exchange Commission; BofA must
deliver or mail payments made in those formats to

5

Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and must include with the payment an accompanying letter identifying the
case title, civil action number and name of this court, as well as a statement
specifying that payment is made in compliance with this final judgment.
IV.

The court ORDERS that, solely for purposes of exceptions to discharge
set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the
allegations in the complaint are true and admitted by Bisner, and further, that
any debt for disgorgement, prejudgment interest, civil penalty or other amounts
due by Bisner under this final judgment or any other judgment, order, consent
order, decree or settlement agreement entered in connection with this case, is a
debt for the violation of the federal securities laws or any regulation or order
issued under such laws, as set forth in Section 523(a)(19) of the Bankruptcy
Code, 11 U.S.C. §523(a)(19).
V.
The court RETAINS JURISDICTION of this case for the purposes of
enforcing the terms of this final judgment.
 Dated in Milwaukee, Wisconsin this 31st day of October, 2024.

GINA M. COLLETTI    BY THE COURT:
Clerk of Court

s/Cary Biskupic     ____________________________________
(by) Deputy Clerk     HON. PAMELA PEPPER
Chief United States District Judge
OCR text (7,384c · tika · 95% conf)
1 

 

UNITED STATES DISTRICT COURT 
EASTERN DISTRICT OF WISCONSIN 

 

 
UNITED STATES SECURITIES AND 
EXCHANGE COMMISSION, 

 
   Plaintiff, 

        Case No. 23-cv-550-pp 
 v. 
 

CHARLES T. LAWRENCE, JR. 
 

   Defendant 
 

and 

 
LANDES PRIVE, LLC., 
LANDES AND COMPAGNIE TRUST PRIVE 

a/k/a Landes and Compagnie Trst KB, 
HEKYEAH, LLC, JUSTIN D. SMITH 

and BRENDA M. BISNER, 
 
   Relief Defendants 

 

 
FINAL JUDGMENT AS TO RELIEF DEFENDANT BRENDA M. BISNER 

 

 

Relief defendant Brenda M. Bisner consents to entry of this final 

judgment without admitting or denying the allegations of the complaint (except 

as to jurisdiction and as otherwise provided in this judgment), waives findings 

of fact and conclusions of law and waives any right to appeal from this final 

judgment. 

I. 

The court ORDERS and ADJUDGES that Brenda M. Bisner is liable for 

disgorgement of $183,951, representing ill-gotten funds received by Bisner as 

Case 2:23-cv-00550-PP     Filed 10/31/24     Page 1 of 5     Document 73



 

2 

 

alleged in the complaint, together with prejudgment interest on those funds in 

the amount of $18,940, for a total of $202,891. After entry of this final 

judgment, Bisner must satisfy this obligation by paying $202,891 to the 

Securities and Exchange Commission under the terms of the payment schedule 

in Paragraph II of this final judgment. 

Bisner may transmit payment electronically to the Commission, which 

will provide detailed ACH transfer/Fedwire instructions upon request.  

Payment may also be made directly from a bank account via Pay.gov through 

the SEC website at http://www.sec.gov/about/offices/ofm.htm. Bisner also 

may pay by certified check, bank cashier’s check or United States postal money 

order payable to the Securities and Exchange Commission; she must deliver or 

mail those forms of payment to  

Enterprise Services Center 

Accounts Receivable Branch 
6500 South MacArthur Boulevard 
Oklahoma City, OK 73169 

 

and must include with the payment an accompanying letter identifying the 

case title, civil action number and name of this court; Brenda M. Bisner as a 

relief defendant in this action; and a statement that the payment is being made 

in compliance with this final judgment.   

Simultaneously with the submission of payment, Bisner must transmit 

photocopies of evidence of payment and case identifying information to the 

Commission’s counsel in this case. By making this payment, Bisner 

relinquishes all legal and equitable right, title and interest in such funds and 

no part of the funds shall be returned to Bisner.   

Case 2:23-cv-00550-PP     Filed 10/31/24     Page 2 of 5     Document 73



 

3 

 

The Commission must hold the funds (collectively, the “fund”) until 

further order of this court. The SEC may propose a plan to distribute the fund 

subject to the court’s approval, and the court shall retain jurisdiction over the 

administration of any distribution of the fund.   

The Commission may enforce the court’s judgment for disgorgement and 

prejudgment interest by using all collection procedures authorized by law, 

including, but not limited to, moving for civil contempt at any time after 30 

days following entry of this final judgment. Bisner must pay post judgment 

interest on any amounts due after thirty (30) days of entry of this final 

judgment, under 28 U.S.C. § 1961. 

II. 

Bisner must pay to the Commission the total of the disgorgement and 

prejudgment interest—$202,891—in four installment payments according to 

the following schedule: (1) $59,034.49, within three (3) days of entry of this 

final judgment, which shall be satisfied by the transfer described in Paragraph 

III. below; (2) $47,952.17, within one hundred eight (180) days of entry of this 

final judgment; (3) $47,952.17, within two hundred seventy (270) days of entry 

of this final judgment; and (4) $47,952.17, within three hundred sixty-five (365) 

days of entry of this final judgment. Payments shall be deemed made on the 

date the Commission receives them and the Commission must apply the 

payments first to post judgment interest, which accrues under 28 U.S.C. §1961 

on any unpaid amounts due after thirty (30) days of the entry of final 

judgment. Before making the final payment described in this final judgment, 

Case 2:23-cv-00550-PP     Filed 10/31/24     Page 3 of 5     Document 73



 

4 

 

Bisner must contact the staff of the Commission for the amount due for the 

final payment.  

If Bisner fails to make any payment by the date agreed and/or in the 

amount agreed according to the schedule set forth above, all outstanding 

payments under this final judgment—including post-judgment interest, minus 

any payments made—shall become due and payable immediately at the 

discretion of the staff of the Commission without further application to the 

court. 

III. 

 The court ORDERS that within three (3) business days after being served 

by UPS next-day delivery or email from the SEC with a copy of this final 

judgment, Bank of America, N.A. (“BofA”) must transfer the entire balance of 

the following BofA account(s) (which were frozen by an order of this court) to 

the Commission: 

Account Owner Acct. Ending in: 

Brenda M. Bisner *3293 

BofA may transmit payment electronically to the Commission, which will 

provide detailed ACH transfer/Fedwire instructions upon request.  Payment 

may also be made directly from a bank account via Pay.gov through the SEC 

website at http://www.sec.gov/about/offices/ofm.htm. BofA also may transfer 

these funds by certified check, bank cashier’s check or United States postal 

money order payable to the Securities and Exchange Commission; BofA must 

deliver or mail payments made in those formats to  

Case 2:23-cv-00550-PP     Filed 10/31/24     Page 4 of 5     Document 73



 

5 

 

Enterprise Services Center  
Accounts Receivable Branch  

6500 South MacArthur Boulevard  
Oklahoma City, OK 73169  

and must include with the payment an accompanying letter identifying the 

case title, civil action number and name of this court, as well as a statement 

specifying that payment is made in compliance with this final judgment.   

IV.  
 

The court ORDERS that, solely for purposes of exceptions to discharge 

set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the 

allegations in the complaint are true and admitted by Bisner, and further, that 

any debt for disgorgement, prejudgment interest, civil penalty or other amounts 

due by Bisner under this final judgment or any other judgment, order, consent 

order, decree or settlement agreement entered in connection with this case, is a 

debt for the violation of the federal securities laws or any regulation or order 

issued under such laws, as set forth in Section 523(a)(19) of the Bankruptcy 

Code, 11 U.S.C. §523(a)(19). 

V. 

The court RETAINS JURISDICTION of this case for the purposes of 

enforcing the terms of this final judgment. 

 Dated in Milwaukee, Wisconsin this 31st day of October, 2024. 
 

 
GINA M. COLLETTI    BY THE COURT:  
Clerk of Court 

 
s/Cary Biskupic     ____________________________________ 

(by) Deputy Clerk     HON. PAMELA PEPPER 
Chief United States District Judge   

Case 2:23-cv-00550-PP     Filed 10/31/24     Page 5 of 5     Document 73