▁organizations . ▁ ▁SE C ▁settlement ▁ ▁On ▁March ▁ 1 , ▁ 2 0 1 1 ▁the ▁Sec ur ities ▁and ▁Exchange ▁Commission ▁( SE C ) ▁alleg ed ▁that ▁Gold far b ▁and ▁his ▁company ▁il leg ally ▁di vert ed ▁$ 1 2 ▁million ▁from ▁a ▁h edge ▁fund ▁side ▁pocket ▁invest ment ▁to ▁other ▁entities ▁he ▁controlled . ▁On ▁March ▁ 1 , ▁ 2 0 1 1 , ▁without ▁adm itting ▁or ▁den ying ▁alleg ations , ▁Gold far b ▁settled ▁with ▁the ▁SE C . ▁ ▁On ▁June ▁ 2 0 , ▁ 2 0 1 2 , ▁the ▁Court ▁found ▁that ▁the ▁defend ants ▁[ G old far b ] ▁were ▁in ▁bre ach ▁of ▁the ▁Final ▁Jud gment ▁by ▁failing ▁to ▁pay ▁the ▁dis g org ement ▁amounts ▁ordered . ▁The ▁Court ▁also ▁found ▁that ▁defend ants ▁had ▁failed ▁to ▁establish ▁a ▁good ▁faith ▁effort ▁to ▁ful fil ▁their ▁dis g org ement ▁oblig ations ▁because , ▁among ▁other ▁things , ▁they ▁used ▁available ▁funds ▁for ▁large ▁personal ▁exp enses ▁such ▁as ▁courts ide ▁seats ▁to ▁Golden ▁State ▁War riors ▁games , ▁char ters ▁of ▁aircraft ▁for ▁personal ▁tri ps , ▁Gold far b ' s ▁mort g age ▁payment ▁and ▁numerous ▁personal ▁vac ations , ▁rather ▁than ▁to ▁pay ▁dis g org ement . ▁ ▁See ▁also ▁L R G ▁Capital ▁Fund s ▁L R G ▁Capital ▁Group ▁L R G ▁Racing ▁ ▁References ▁ ▁External ▁links ▁ ▁Biography ▁( The ▁Lawrence ▁Gold far