Securities and Exchange Commission v. Bobby Jones et al

Filing 32

ORDER COMPELLING COMPLIANCE WITH ADMINISTRATIVE SUBPOENA 1 by Judge Dean D. Pregerson: SECs Application for an Order Compelling Compliance with Administrative Subpoenas is GRANTED. Respondents Bobby Jones, Raymon Chadwick, Terry Johnson, Innovati ve Group, Redwater Funding, LLC and Expectrum, LLC shall produce all documents called for by SECs August 26 administrative subpoenas to the SEC staff on or before January 13, 2014 at the SECs Los Angeles Regional Office at 5670 Wilshire Boulevard, 11th Floor, Los Angeles, California 90036.(Made JS-6. Case Terminated.) (lc). Modified on 12/16/2013 .(lc).

1
2

O

3
4
5
6
7
8

UNITED STATES DISTRICT COURT

9

CENTRAL DISTRICT OF CALIFORNIA

10
11
12
13

IN THE MATTER OF AN
APPLICATION TO ENFORCE
ADMINISTRATIVE SUBPOENAS OF
THE SECURITIES AND EXCHANGE
COMMISSION,

14
15
16
17
18
19

Petitioner,
v.
BOBBY JONES, RAYMON
CHADWICK, TERRY JOHNSON,
INNOVATIVE GROUP, REDWATER
FUNDING GROUP, LLC and
EXPECTRUM, LLC,
Respondents.
___________________________

)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)

Case No. CV 13-08314 DDP (Ex)
ORDER COMPELLING COMPLIANCE WITH
ADMINISTRATIVE SUBPOENA
[DKT No. 1]

20
21

The Securities and Exchange Commission (“SEC”)

applied

22

pursuant to Section 22(b) of the Securities Act of 1933 (15 U.S.C.

23

§ 77v(b)) and Section 21(c) of the Securities Exchange Act of 1934

24

(15 U.S.C. § 78u(c)) for an Order Compelling Compliance with

25

Administrative Subpoenas issued by the SEC.

26

The Court has considered the Memorandum of Points and

27

Authorities in support of the SEC’s Application (DKT No. 2), as

28

well as the brief submitted by Respondents (DKT No. 22) and all

1

other papers filed in the proceedings herein.

2

that it has jurisdiction over the parties and the subject matter at

3

issue and that the SEC has presented good cause for the Order

4

requested.

5

theories presented by Respondents.

6

The Court determines

The Court is unaware of any relief available under the

ACCORDINGLY, IT IS HEREBY ORDERED that the SEC’s Application

7

for an Order Compelling Compliance with Administrative Subpoenas is

8

GRANTED.

9

IT IS FURTHER ORDERED that Respondents Bobby Jones, Raymon

10

Chadwick, Terry Johnson, Innovative Group, Redwater Funding, LLC

11

and Expectrum, LLC shall produce all documents called for by SEC’s

12

August 26 administrative subpoenas to the SEC staff on or before

13

January 13, 2014 at the SEC’s Los Angeles Regional Office at 5670

14

Wilshire Boulevard, 11th Floor, Los Angeles, California 90036,

15

pursuant to the SEC subpoenas.

16
17
18
19

IT IS SO ORDERED.

20
21
22

Dated: December 16, 2013
DEAN D. PREGERSON
United States District Judge

23
24
25
26
27
28
2