SECURITIES

Huntington Beach Man Ordered to Return $1.4 Million: A federal judge has ordered David O. Naulin to return $1.4 million that he allegedly stole from Southland investors. The Commodity Futures Trading Commission claimed in a civil complaint against Naulin that he bilked eight investors in Orange and Los Angeles counties from Dec., 1989, to August of this year. The commission alleged that some of the illegal acts occurred while Naulin was serving time in a halfway house for securities fraud in another case. Naulin has since been moved to a federal prison. Naulin, the CFTC said, promised to invest people’s money in commodities but then ended up transferring most of those proceeds to his own bank account.