Securities and Exchange Commission v. Braslau et al

Filing 93

JUDGMENT by Judge Otis D. Wright, II: it is hereby ORDERED, ADJUDGED, andDECREED as follows: Rand J. Chortkoff is liable for the SEC's claims of fraud and acting as an unregistered broker-dealer; The Estate of Rand J. Chortkoff shall disgorge t he amount of One Hundred Fifty-Three Thousand, Four Hundred Dollars ($153,400) to Plaintiff SEC, representing Chortkoff's ill-gotten gains; and The Estate of Rand J. Chortkoff shall pay Plaintiff SEC prejudgmentinterest in the amount of Twelve Thousand, Six Hundred and Fifteen Dollars($12,615). IT IS SO ORDERED. (jy)

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United States District Court
Central District of California

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SECURITIES AND EXCHANGE
COMMISSION,

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Plaintiff,

Case No. 2:14-cv-01290-ODW (AJWx)
JUDGMENT

v.
SAMUEL BRASLAU; RAND J.
CHORTKOFF; and STUART E.
RAWITT,

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Defendants.

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Plaintiff Securities and Exchange Commission (“SEC”) moved for summary

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judgment against the Estate of Rand J. Chortkoff, the one remaining defendant in this

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case, and Chortkoff’s estate did not oppose. (See ECF Nos. 85; 90.) On March 3,

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2017, this Court granted the SEC’s motion.

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In accordance with that Order, it is hereby ORDERED, ADJUDGED, and
DECREED as follows:
1.

Rand J. Chortkoff is liable for the SEC’s claims of fraud and acting as an

unregistered broker-dealer;
2.

The Estate of Rand J. Chortkoff shall disgorge the amount of One

Hundred Fifty-Three Thousand, Four Hundred Dollars ($153,400) to Plaintiff SEC,

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representing Chortkoff’s ill-gotten gains; and
3.

The Estate of Rand J. Chortkoff shall pay Plaintiff SEC prejudgment

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interest in the amount of Twelve Thousand, Six Hundred and Fifteen Dollars

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($12,615).

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IT IS SO ORDERED.

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March 6, 2017

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____________________________________
OTIS D. WRIGHT, II
UNITED STATES DISTRICT JUDGE

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