SEC Permanently Disqualifies Former GC of Universal Express

The SEC permanently disqualified Chris G. Gunderson, an attorney and former general counsel for Universal Express, Inc., a Nevada corporation, from appearing or practicing before it pursuant to Rule of Practice 102(e). The Commission found that Gunderson had been permanently enjoined by the United States District Court for the Southern District of New York for issuing and distributing unregistered shares of Universal Express, Inc., in violation of Section 5 of the Securities Act of 1933, and for creating and disseminating materially misleading press releases concerning Universal Express, Inc.'s business operations, in violation of Securities Act Section 17(a) and Section 10(b) and Rule 10b 5 of the Securities Exchange Act of 1934. The Commission further found that it was in the public interest and necessary to preserve the integrity of its registration and disclosure processes to permanently disqualify Gunderson from practice before the Commission. (Rel. 34-61234; File No. 3-12653)