Graddy v. United States Department of Homeland Security et al
ORDER denying post-judgment motions 17 . Signed by Judge D. P. Marshall Jr. on 10/23/12. (kpr)
IN THE UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF ARKANSAS
KATHERINE SUE GRADDY
UNITED STATES DEPARTMENT
OF HOMELAND SECURITY, et al.
Graddy has filed various post-judgment motions. Document No. 17.
Most are based on the Court's decision not to enjoin the Arkansas Securities
Department's state-court fraud action against Lend ell Earl Hillhouse, Sr. and
Nick Lynn Technologies, Inc. As the Court explained in its 7 September 2012
memorandum opinion and order, Graddy has no standing to pursue those
claims. They would fail in any event. The federal statute Graddy relies upon
for preemption provides that "the securities commission (or any agency or
office performing like functions) of any State shall retain jurisdiction under
the laws of such State to investigate and bring enforcement actions ... with
respect to fraud or deceit[.]" 15 U.S.C. § 77r(c)(1)(A)(i). None of Graddy's
other requests has merit. Post-judgment motions, Document No. 17, denied.
D.P. Marshall 'fl'O
United States District Judge
23 October 2012
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