Securities and Exchange Commission v. Prabhat K. Goyal

Filing 71

ORDER DISMISSING CASE (tf, COURT STAFF) (Filed on 9/13/2011)

1

UNITED STATES DISTRICT COURT

2

FOR THE NORTHERN DISTRICT OF CALIFORNIA

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

SAN FRANCISCO DIVISION
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
vs.
PRABHAT K. GOYAL,
Defendant

)
)
)
)
)
)
)
)
)

Case No.: 3:04-cv-02372-SI
JOINT STIPULATION AND
[PROPOSED] ORDER DISMISSING
CERTAIN CLAIMS IN THE
COMPLAINT

IT IS HEREBY STIPULATED AND AGREED by and between the plaintiff Securities
and Exchange Commission (“Commission”) and defendant Prabhat K. Goyal, that, subject to the
Court’s approval of the terms of settlement agreed to by the parties, and the Court’s entry of the
Final Judgment as to Defendant Prabhat K. Goyal and Consent of Defendant Prabhat K. Goyal
submitted to the Court concurrently herewith:
1.

The Commission’s First, Second, and Third Claims for Relief in the Complaint are

dismissed with prejudice upon the Court’s entry of the Final Judgment.
2.

The Commission’s Fourth Claim for Relief in the Complaint, to the extent that it

asserts a claim under Rule 13b2-2 promulgated under the Securities Exchange Act of 1934
(Making False Statements to Auditors), is dismissed with prejudice upon the Court’s entry of the
Final Judgment.
3.

The Defendant waives any right under the Equal Access to Justice Act, the Small

Business Regulatory Enforcement Fairness Act of 1996, or any other provision of law to seek
from the United States, or any agency, or any official of the United States acting in his or her
official capacity, directly or indirectly, reimbursement of attorney’s fees or other fees, expenses,
or costs expended to defend against this action.

25
26
27
28

Case No.: 3:04-cv-02372-SI

1

CONSENT OF DEFENDANT PRABHAT K. GOYAL

1

Dated: September 9, 2011

Respectfully submitted,

2
SECURITIES AND EXCHANGE COMMISSION

3
4

By:

5
6
7

/S/ Paul W. Kisslinger
Paul W. Kisslinger
100 F Street NE
Washington, DC 20549-5977
[phone]
Attorneys for Plaintiff SECURITIES AND
EXCHANGE COMMISSION

8
9
10
11

Dated: September 9, 2011

12

WILMER CUTLER PICKERING
HALE & DORR LLP

13
By: /S/ Michael A. Mugmon
Michael A. Mugmon
[e-mail]
950 Page Mill Road
Palo Alto, CA 94304
Tel: [phone]
Fax: [phone]

14
15
16
17
18

Stephen A. Jonas
[e-mail]
Mary Jo Johnson
[e-mail]
60 State Street
Boston, MA 02109
Tel.: [phone]
Fax: [phone]

19
20
21
22
23

Attorneys for Defendant
PRABHAT K. GOYAL

24
25
26
27
28
Case No.: 3:04-cv-02372-SI
US1DOCS 7988507v1

2

CONSENT OF DEFENDANT PRABHAT K. GOYAL

1

SO ORDERED:

2
3
4

9/9/11
Dated: _____________________

5

___________________________________
THE HON. SUSAN ILLSTON

6

UNITED STATES DISTRICT JUDGE

7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Case No.: 3:04-cv-02372-SI
US1DOCS 7988507v1

3

CONSENT OF DEFENDANT PRABHAT K. GOYAL

1

ATTESTATION PURSUANT TO GENERAL ORDER 45

2

I, Paul W. Kisslinger, attest that concurrence in the filing of this document has been

3

obtained from each of the other signatories. I declare under penalty of perjury under the laws of

4

the United States of America that the foregoing is true and correct. Executed this 9th day of

5

September 2011 in Washington, D.C.

6
/S/ Paul W. Kisslinger
Paul W. Kisslinger

7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Case No.: 3:04-cv-02372-SI
US1DOCS 7988507v1

4

CONSENT OF DEFENDANT PRABHAT K. GOYAL