Securities & Exchange Commission v. Pegasus Wireless Corporation et al

Filing 137

ORDER VACATING STATUS CONFERENCE; DIRECTING PLAINTIFF TO SERVE COPY OF ORDER ON DEFENDANT DURLAND; AND DIRECTING PLAINTIFF TO SUBMIT STATEMENT REGARDING CIVIL PENALTIES. Signed by Judge Jeffrey S. White on 3/6/12. (jjoS, COURT STAFF) (Filed on 3/6/2012)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA
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SECURITIES AND EXCHANGE
COMMISSION,

No. C 09-02302 JSW

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ORDER VACATING STATUS
CONFERENCE; DIRECTING
PLAINTIFF TO SERVE COPY OF
ORDER ON DEFENDANT
DURLAND; AND DIRECTING
PLAINTIFF TO SUBMIT
STATEMENT REGARDING
CIVIL PENALTIES

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v.
For the Northern District of California

United States District Court

Plaintiff,
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PEGASUS WIRELESS CORPORATION,
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Defendants.
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This matter is scheduled for a status conference on March 9, 2012. The Court has

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considered the Plaintiff’s Status Report, in which it states it intends to renew its motion for

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imposition of monetary penalties on Defendants Steven Durland and Jasper Knabb. The Court

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HEREBY VACATES the status conference. In its motion to impose financial remedies, the

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Plaintiff asks that the Court imposed “substantial third-tier penalties” against Durland and

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Knabb. The Court HEREBY ORDERS Plaintiff to submit a further statement in which it

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specifies the exact amount of civil penalties it seeks to impose against Durland and Knabb by

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no later than March 16, 2012. It is FURTHER ORDERED that Plaintiff shall serve a copy of

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this Order on Mr. Durland

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IT IS SO ORDERED.
Dated: March 6, 2012
JEFFREY S. WHITE
UNITED STATES DISTRICT JUDGE