Securities and Exchange Commission v. BIC Real Estate Development Corporation et al

Filing 20

ORDER ON STIPULATION TO ALLOW ISSUANCE OF DOCUMENT SUBPOENAS TO THIRD PARTIES signed by District Judge Lawrence J. O'Neill on March 22, 2016. (Munoz, I)

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JOHN B. BULGOZDY (Cal. Bar No. 219897)
Email: [e-mail]
MANUEL VAZQUEZ (Cal. Bar No. 295576)
Email: [e-mail]
MATTHEW T. MONTGOMERY (Cal. Bar No. 260149)
Email: [e-mail]
Attorneys for Plaintiff
Securities and Exchange Commission
Michele Wein Layne, Regional Director
Dabney O’Riordan, Associate Regional Director
John W. Berry, Regional Trial Counsel
444 S. Flower Street, Suite 900
Los Angeles, California 90071
Telephone: [phone]
Facsimile: [phone]

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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SECURITIES AND EXCHANGE
COMMISSION,

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Plaintiff,

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vs.
BIC REAL ESTATE DEVELOPMENT
CORPORATION and DANIEL R.
NASE, individually and d/b/a
BAKERSFIELD INVESTMENT
CLUB,
Defendants,
BIC SOLO 401K TRUST and
MARGARITA NASE,
Relief Defendants.

Case No. 1:16-cv-00344-LJO-JLT
ORDER ON STIPULATION TO
ALLOW ISSUANCE OF DOCUMENT
SUBPOENAS TO THIRD PARTIES

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This matter is now before the Court on the Stipulation of Plaintiff Securities

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and Exchange Commission and Defendants BIC Real Estate Development

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Corporation and Daniel R. Nase d/b/a Bakersfield Investment Club and Relief

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Defendants BIC Solo 401k Trust and Margarita Nase (collectively “Defendants”), to

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allow the parties forthwith to issue subpoenas to third parties to compel the

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production of documents in preparation for the hearing on a preliminary injunction

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set for April 1, 2016. For good cause shown,

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IT IS ORDERED that the stipulation is granted and that Plaintiff and
Defendants forthwith may issue subpoenas to third parties to compel the production
of documents.

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The parties are reminded that they each have three hours to present their

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positions, in whatever form they choose. Presenting documents for the Court to read

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after the hearing is not an available option.

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IT IS SO ORDERED.

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Dated:

/s/ Lawrence J. O’Neill

March 22, 2016

UNITED STATES DISTRICT JUDGE

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