SEC v. NutraCea, Civil Action No. CV 11-0092 (D. Ax. Filed Jan. 13, 2011) is a financial fraud case against the company, three of its former executives and two former accounting personnel discussed here. This week the Commission announced settlements with the company and four individual defendants. The company consented to the entry of a permanent injunction prohibiting future violations of Securities Act Sections 17(a) and Exchange Act Sections 10(b), 13(a), 13(b)(2)(A) and 13(b)(2)(B). Mr. Edson agreed to the entry of an injunction based on the same provisions, to the entry of a permanent officer and director bar and to pay a civil penalty of $100,000 while reimbursing the company for $350,000 in bonuses received in 2008. Ms. Alderman consented to the entry of an injunction based on Exchange Act Sections 10(b) and 13(b)(5) and to a five year officer and director bar. Ms. Kline and Mr. Wilkinson consented to the entry of injunctions based on Exchange Act Section 13(b)(5) and prohibiting aiding and abetting violations of Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) and to the issuance of administrative orders based on Rule 102(e) suspending each from practice before the Commission with a right to reapply after one year. The case is on-going as to defendant Crow.