Securities and Exchange Commission v. Loomis et al

Filing 25

ORDER signed by Judge Morrison C. England, Jr on 9/14/10 ORDERING that the Proposed FINDINGS AND RECOMMENDATIONS filed 8/24/10 23 are ADOPTED; Plaintiff's MOTION for Default Judgment against defendants Loomis Wealth Solutions, LLC, and Lismar Financial Services, LLC 20 is DENIED without prejudice. (Mena-Sanchez, L)

Securities and Exchange Commission v. Loomis et al

Doc. 25

1 2 3 4 5 6 7 8 9 10 11 12 Plaintiff, 13 vs. 14 LAWRENCE "LEE" LOOMIS, et al., 15 16 17 18 19 20 21 22 23 24 25 26 Defendants. __________________________________/ On August 24, 2010, the magistrate judge filed findings and recommendations herein which were served on the parties and which contained notice that any objections to the findings and recommendations were to be filed within fourteen days. No objections were filed. Accordingly, the court presumes that any findings of fact are correct. See Orand v. United States, 602 F.2d 207, 208 (9th Cir. 1979). The magistrate judge's conclusions of law are reviewed de novo. See Britt v. Simi Valley Unified School Dist., 708 F.2d 452, 454 (9th Cir. 1983). The court has reviewed the applicable legal standards and, good cause appearing, concludes that it is appropriate to adopt the Proposed Findings and Recommendations in full. /// 1
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IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE COMMISSION,

No. 2:10-cv-00458-MCE-KJN

ORDER

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 and

Accordingly, IT IS ORDERED that: 1. The Proposed Findings and Recommendations filed August 24, 2010, are ADOPTED;

2. Plaintiff's motion for default judgment against defendants Loomis Wealth Solutions, LLC, and Lismar Financial Services, LLC, is denied without prejudice. Dated: September 14, 2010 ________________________________ MORRISON C. ENGLAND, JR. UNITED STATES DISTRICT JUDGE

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