The SEC contends in its most recent case that Thomas Badian's brother, Andreas Badian, an official at Rhino, directed three brokers who were affiliated with Refco Securities, (two of them were also affiliated with another brokerage that was named in the case) to sell short massive amounts of Sedona shares with "unbridled levels of aggression, " intending to "clobber" Sedona's stock price until it collapsed.