Securities And Exchange Commission v. Sabrdaran et al

Filing 211

WRIT of Garnishment issued (sec, COURT STAFF) (Filed on 5/10/2024)Any non-CM/ECF Participants have been served by First Class Mail to the addresses of record listed on the Notice of Electronic Filing (NEF)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DIVISION

4 SECURITIES AND EXCHANGE
COMMISSION,
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Plaintiff,
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v.

Case No. 3:14-cv-4825 (JSC)
POST-JUDGMENT CONTINUING
WRIT OF GARNISHMENT
PURSUANT TO RULE 69

7 SASAN SABRDARAN, et al.
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Defendants,

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and

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BANK OF AMERICA, N.A., and its
11 successors or assigns,
Garnishee.

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TO:

Garnishee Bank of America, N.A.

15 REQUESTED BY:

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United States Securities and Exchange Commission
Michael J. Roessner
Assistant Chief Litigation Counsel
100 F Street, NE, MS-5631
Washington, DC 20549-0022

18 ISSUED PURSUANT TO:

Rule 69

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The Court having reviewed the Plaintiff's Application for Post-Judgment Writ of
Garnishment, hereby issues this Post-Judgment Writ of Garnishment.
The United States Securities and Exchange Commission (“SEC”) has information

23 indicating that Garnishee may have possession, custody or control of property in which
24 Defendant has a substantial nonexempt interest. This property may include Defendant's
25 nonexempt disposable earnings (i.e., wages).
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Pending further order of this Court, Garnishee is hereby directed to withhold and retain
any property in its possession, custody or control in which Defendant has an interest at the time
SEC V. SASAN SABRDARAN ET AL

CASE NO. 3:14-CV-4825-JSC

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WRIT OF GARNISHMENT

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this Writ is served or in which the Defendant may obtain an interest in the future, including

2 Defendant's nonexempt disposable earnings. Garnishee is further directed to file a notice with
3 the Clerk of the Court and copying counsel for the SEC indicating the amount of assets it is
4 retaining pursuant to this Writ of Garnishment.
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If Garnishee fails to withhold property in accordance with this Writ, Garnishee may be
held in contempt by the Court or the Court may enter judgment against the Garnishee for the
value of Defendant’s nonexempt interest in such property, plus a reasonable attorney's fee to the
SEC.

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This Writ of Garnishment is a continuing writ and it will terminate only by:

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(A)

a court order quashing this Writ of Garnishment;

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(B)

exhaustion of property in the possession, custody, or control of the
Garnishee in which the debtor has a substantial nonexempt interest
(including nonexempt disposable earnings), unless the garnishee
reinstates or re-employs the judgment debtor within 90 days after
the judgment debtor's dismissal or resignation; or

(C)

satisfaction of the debt with respect to which this Writ is issued.

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To assist the Garnishee with its obligations under this Writ, the following information is

18 provided:
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Defendant’s Name:

Sasan Sabrdaran

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Defendant’s TIN:

XXX-XX-2270

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Defendant’s Last
Known Address:

San Francisco, California

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Date of Judgment:

June 15, 2017

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Nature of Judgment:

Final Judgment

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Disgorgement Judgment
SEC V. SASAN SABRDARAN ET AL

CASE NO. 3:14-CV-4825-JSC

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WRIT OF GARNISHMENT

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Disgorgement

$288,968.19

Amount of Post-Judgment
Interest on Disgorgement accrued
as of 4/25/2024:

$25,802.39

Total Payments as of 4/25/2024:

$22,200.00

Total Amount Still Owing
On the Judgment
as of 4/25/2024:

$292,570.58 (per diem of $9.24)

IT IS SO ORDERED.
Dated this10th day of

, 2024.

May

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UN
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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA

DI

S T RI T O F C
C

AL

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Mark B.Busby

S. Campos
_____________________________
DEPUTY CLERK
UNITED STATES DISTRICT COURT

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SEC V. SASAN SABRDARAN ET AL

CASE NO. 3:14-CV-4825-JSC

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WRIT OF GARNISHMENT