Retail grocery chain Ingles is on notice that it may be fined by federal regulators. Peter Henning, a law professor at Wayne State University in Detroit and former attorney at the SEC, said it is rare for information that arises once a Wells Notice is filed to change the SEC staff recommendation. If the SEC decides to pursue a fine against Ingles or an injunction designed to keep the problems from arising agin, it would have to file a civil suit in a federal district court, said Henning.