Proceedings

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IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5 AS AMENDED

- AND -

IN THE MATTER OF
LEHMAN COHORT GLOBAL GROUP INC., ANTON SCHNEDL, RICHARD UNZER,
ALEXANDER GRUNDMANN and HENRY HEHLSINGER

TEMPORARY ORDER
SUBSECTION 127 (1) AND SUBSECTION 127(5)


      WHEREAS it appears to the Ontario Securities Commission (the “Commission”) that:

1. Lehman Cohort Global Group Inc. (“Lehman”) is a corporation registered in the Province of Ontario with its registered office located in Toronto, Ontario;

2. Lehman is not registered with the Commission in any capacity;

3. Anton Schnedl (“Schnedl”) appears to be the directing mind of Lehman;

4. Schnedl, Richard Unzer (“Unzer”), Alexander Grundmann (“Grundmann”) and Henry Hehlsinger (“Hehlsinger”) are not registered with the Commission in any capacity;

5. These persons, purporting to act on behalf of Lehman, have been soliciting investors in Europe to provide funds to Lehman for investment;

6. Investors have been instructed to send funds for investment to a Lehman bank account in Toronto (the “Lehman Account”);

7. Staff of the Commission (“Staff”) are aware that funds have been sent to the Lehman Account;

8. Staff are conducting an investigation into the activities of Lehman;

9. The Commission is of the opinion that the time required to conclude a hearing could be prejudicial to the public interest; and

10. The Commission is of the opinion that it is in the public interest to make this order.

      AND WHEREAS by Commission Order made on April 1, 2008, pursuant to section 3.5(3) of the Securities Act R.S.O. 1990, c. S. 5, as amended (the “Act”), any one of W. David Wilson, James E.A. Turner, Lawrence E. Ritchie, Paul K. Bates, and David L. Knight acting alone, is authorized to make orders under section 127 of the Act;

      IT IS FURTHER ORDERED pursuant to clause 2 of subsection 127(1) and subsection 127(5) of the Act that all trading in any securities by Lehman, Schnedl, Unzer, Grundmann and Hehlsinger shall cease;

      IT IS FURTHER ORDERED pursuant to clause 3 of subsection 127(1) and subsection 127(5) of the Act that any exemptions contained in Ontario securities law do not apply to Lehman or its agents or employees;

      IT IS FURTHER ORDERED pursuant to clause 3 of subsection 127(1) and subsection 127(5) of the Act that any exemptions contained in Ontario securities law do not apply to Schnedl, Unzer, Grundmann and Hehlsinger, and

      IT IS FURTHER ORDERED pursuant to subsection 127(6) of the Act that this order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by order of the Commission.

Dated at Toronto this 20th day of May, 2009



  "W. David Wilson"  
W. David Wilson