Commodity Futures Trading Commission v. Nawabi et al

Filing 69

ORDER signed by Chief District Judge Kimberly J. Mueller on 11/30/2023 STAYING CASE pending Commission consideration of the recommended settlement and Proposed Consent Order. As soon as practicable following Commission approval, and no later than 1/3 1/2024, the Parties will file the Proposed Consent Order with the Court. In the event that either the Commission fails to approve or the Court declines to enter the Proposed Consent Order, the Parties will propose new deadlines to the Court within one week.(Reader, L)

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THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF CALIFORNIA
SACRAMENTO DIVISION

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Commodity Futures Trading Commission,
Plaintiff,

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v.
Eshaq M. Nawabi, individually and d/b/a,
Nawabi Enterprise,
and Hyperion Consulting, Inc.,
Defendants.

Civil Case No. 2:22-cv-00717-KJM JDP

ORDER

ORDER GRANTING STIPULATION TO STAY DEADLINES PENDING SETTLEMENT
APPROVAL
This matter is before the Court on the Parties Joint Notice of Settlement and Stipulation to

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Stay Deadlines Pending Approval. ECF No. 68. For good cause shown, the Court hereby

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GRANTS the Parties’ Stipulation.

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It is hereby ordered that:

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1. All pre-trial deadlines and the trial date as set by the Court, see ECF Nos. 65 and

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67, should be stayed pending Commission consideration of the recommended

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settlement and Proposed Consent Order.

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2. As soon as practicable following Commission approval, and no later than
January 31, 2024, the Parties will file the Proposed Consent Order with the Court.

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3. In the event that either the Commission fails to approve or the Court declines to

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enter the Proposed Consent Order, the Parties will propose new deadlines to the

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Court within one week.

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IT IS SO ORDERED.
Dated this 30th day of November 2023.

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