Commodity Futures Trading Commission v. Nawabi et al

Filing 71

ORDER signed by Chief District Judge Kimberly J. Mueller on 02/06/24, per 70 Stipulation, CONTINUING STAY pending Commission consideration of the recommended settlement and Proposed Consent Order. As soon as practicable following Commission app roval, and no later than 03/15/24, parties to 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. (Benson, A.)

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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,

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Plaintiff,
v.

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

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

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Defendants.

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ORDER GRANTING STIPULATION TO CONTINUE STAY PENDING SETTLEMENT
APPROVAL
This matter is before the court on the Parties’ Joint Status Report and Stipulation to

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Continue Stay Pending Settlement Approval, ECF No. 70. For good cause shown, the Court

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hereby GRANTS the Parties’ Stipulation.

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It is hereby ordered that:
1. All pre-trial deadlines and the trial date will continue to be stayed pending

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Commission consideration of the recommended settlement and Proposed Consent

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Order.

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2. As soon as practicable following Commission approval, and no later than March 15,
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.

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Dated this 6th day of February, 2024.

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