Securities and Exchange Commission v. Loomis et al

Filing 124

ORDER APPROVING STIPULATION signed by Judge Kimberly J. Mueller on 7/30/2014 ORDERING 123 the Court hereby APPROVES the Commission's request to withdraw, as to defendant Hagener only, its request for monetary relief in the form of disgorgement , as set forth in Section II of the Complaint, and for civil monetary penalties, as set forth in Section III of the Complaint. The permanent injunctions previously entered by the Court on 4/14/2103 against Hagener are not affected by this Order, and shall remain in full force and effect. 82 (Reader, L)

1 JINA L. CHOI (N.Y. Bar No. 2699718)
JOHN S. YUN (Cal. Bar No. 112260)
[e-mail]
2
JEREMY E. PENDREY (Cal. Bar No. 187075)
[e-mail]
3
4 Attorneys for Plaintiff
SECURITIES AND EXCHANGE COMMISSION
5 44 Montgomery Street, Suite 2800
San Francisco, California 94104
6 Telephone: [phone]
Facsimile: [phone]
7
8
9

UNITED STATES DISTRICT COURT

10

EASTERN DISTRICT OF CALIFORNIA

11

SACRAMENTO DIVISION

12
13 SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,

14
15

vs.

16 LAWRENCE “LEE” LOOMIS, LOOMIS WEALTH
SOLUTIONS, LLC, JOHN HAGENER, AND LISMAR
17 FINANCIAL SERVICES, LLC,
18

Case No. 2:10-cv-00458-MCE-KJN
PLAINTIFF’S AND DEFENDANT
JOHN HAGENER’S
STIPULATION AND ORDER TO
WITHDRAW REQUESTS FOR
MONETARY RELIEF AGAINST
JOHN HAGENER

Defendants.

19
20
21

STIPULATION TO WITHDRAW REQUESTS FOR

22

MONETARY RELIEF AGAINST DEFENDANT JOHN HAGENER

23

In accordance with Rule 15(a)(2) of the Federal Rules of Civil Procedure, plaintiff

24 Securities and Exchange Commission (“Commission”) and defendant John Hagener (“Hagener”)
25 hereby stipulate that as to defendant Hagener only, the Commission withdraws its request for
26 monetary relief in the form of disgorgement, as set forth in Section II of the Complaint, and for
27 civil monetary penalties, as set forth in Section III of the Complaint. The permanent injunctions
28
SEC v. LAWRENCE “LEE’ LOOMIS, ET AL.
Case No. 2:10-cv-00458-MCE-KJN

STIP. WITHDRAW RELIEF

1

previously entered by the Court on April 14, 2103 against Hagener are not affected by this

2

Stipulation, and shall remain in full force and effect. See Docket No. 82.

3
4

Dated: July 22, 2014

Respectfully submitted,

5

/s/ John S. Yun____________
JOHN S. YUN
Attorney for Plaintiff
SECURITIES AND EXCHANGE COMMISSION

6
7
8

/s/ Klaus Kolb___________
KLAUS KOLB
Attorney for Defendant
JOHN HAGENER

9
10
11

ORDER APPROVING STIPULATION

12
13

Based upon the foregoing Stipulation by counsel for plaintiff Securities and Exchange

14

Commission (“Commission”) and defendant John Hagener (“Hagener”), the Court hereby

15

approves the Commission’s request to withdraw, as to defendant Hagener only, its request for

16

monetary relief in the form of disgorgement, as set forth in Section II of the Complaint, and for

17

civil monetary penalties, as set forth in Section III of the Complaint. The permanent injunctions

18

previously entered by the Court on April 14, 2103 against Hagener are not affected by this Order,

19

and shall remain in full force and effect. See Docket No. 82.

20
21

IT IS SO ORDERED.
DATED: July 30, 2014.

22
UNITED STATES DISTRICT JUDGE

23
24
25
26
27
28
SEC v. LAWRENCE “LEE’ LOOMIS, ET AL.
Case No. 2:10-cv-00458-MCE-KJN

-2-

STIP. WITHDRAW RELIEF