Securities and Exchange Commission v. Braslau et al

Filing 54

ORDER TO SHOW CAUSE RE: MOTION FOR SUMMARY JUDGMENT 39 by Judge Otis D. Wright, II: As of the date of this Order, Braslau has not filed an Opposition to the SECs Motion. Braslau is therefore ORDERED TO SHOW CAUSE, in writing, no later than Friday, November 20, 2015, why the Court should not grant the SECs Motion for Summary Judgment. Specifically, Braslau should focus his attention on why the Court should not grant the permanent injunction requested by the SEC.No hearing will be held. (lc)

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United States District Court
Central District of California

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SECURITIES AND EXCHANGE

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COMMISSION,
Plaintiff,

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v.

Case No. 2:14-CV-01290-ODW (AJWx)
ORDER TO SHOW CAUSE RE:
MOTION FOR SUMMARY

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SAMUEL BRASLAU; RAND J.

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CHORTKOFF; and STUART E.

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JUDGMENT [39]

RAWITT,

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Defendants.

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On August 27, 2015, Plaintiff Securities and Exchange Commission (“SEC”)

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filed a Motion for Summary Judgment as to the liability of Defendant Samuel Braslau

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(“Braslau”) for civil violations of the federal securities laws under the collateral

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estoppel doctrine. The SEC also seeks imposition of a permanent injunction barring

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Braslau from further violations of the federal securities laws.

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As of the date of this Order, Braslau has not filed an Opposition to the SEC’s

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Motion. Braslau is therefore ORDERED TO SHOW CAUSE, in writing, no later

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than Friday, November 20, 2015, why the Court should not grant the SEC’s Motion

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for Summary Judgment. Specifically, Braslau should focus his attention on why the

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Court should not grant the permanent injunction requested by the SEC.

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No hearing will be held.

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IT IS SO ORDERED.

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November 3, 2015

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____________________________________
OTIS D. WRIGHT, II
UNITED STATES DISTRICT JUDGE

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