Securities and Exchange Commission v. Vinay Kumar Nevatia

Filing 42

JUDGMENT. Signed by Judge Charles R. Breyer on 11/9/2015. (crblc1, COURT STAFF) (Filed on 11/9/2015)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA

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United States District Court
For the Northern District of California

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SECURITIES AND EXCHANGE
COMMISSION,

No. C14-05273 CRB
JUDGMENT

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Plaintiff,
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v.
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VINAY KUMAR NEVATIA,
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Defendant.
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Having granted the SEC’s Application for Default Judgment, the Court enters
judgment for Plaintiff the SEC and against Defendant Vinay Kumar Nevatia. Nevita is
further ORDERED to disgorge $701,013.94 of ill-gotten profit (including prejudgment
interest of $71,213.94), to pay a civil penalty of $629,800, and to abstain from any further
violation of the securities laws.
IT IS SO ORDERED.
Dated: November 9, 2015
CHARLES R. BREYER
UNITED STATES DISTRICT
JUDGE