Securities & Exchange Commission v. Nagaicevs
Filing
28
ORDER REQUESTING SUPPLEMENTAL BRIEFING AND VACATING HEARING re 26 MOTION for Default Judgment by the Court as to Defendant Igors Nagaicevs filed by Securities & Exchange Commission. Supplemental brief due by 7/10/2013. Signed by Judge Jon S. Tigar on June 25, 2013. (wsn, COURT STAFF) (Filed on 6/25/2013)
1
2
3
4
UNITED STATES DISTRICT COURT
5
NORTHERN DISTRICT OF CALIFORNIA
6
7
SECURITIES & EXCHANGE
COMMISSION,
Plaintiff,
8
9
10
United States District Court
Northern District of California
11
Case No. 12-cv-00413-JST
ORDER REQUESTING
SUPPLEMENTAL BRIEFING AND
VACATING HEARING
v.
IGORS NAGAICEVS,
Re: ECF No. 26
Defendant.
12
13
Plaintiff Securities & Exchange Commission (“Plaintiff”) has filed a motion for default
14
judgment, noticed for hearing on July 11, 2013. ECF No. 26. In the motion, Plaintiff requests that
15
“[t]he Court should consider imposing the maximum civil monetary penalty of $130,000” for each
16
of Defendant’s 159 violations. Id., at 9:12-13. The Court hereby requests that Plaintiff prepare a
17
supplemental brief of not more than five pages, with citation to other cases involving similar
18
circumstances, why that level of civil penalty is appropriate in light of other penalties imposed by
19
federal district courts. Such brief shall be filed with the Court not later than July 10, 2013.
20
21
22
23
24
25
26
27
28
The hearing scheduled for July 11 is hereby VACATED. The Court will re-set this matter
for hearing if it appears necessary after receiving Plaintiff’s supplemental brief.
IT IS SO ORDERED.
Dated: June 25, 2013
______________________________________
JON S. TIGAR
United States District Judge
Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.
Why Is My Information Online?