Securities and Exchange Commission v. Bivona et al

Filing 27

ORDER setting hearing re Application for TRO (Docket #4). Temporary Restraining Order Hearing set for 3/23/2016 09:00 AM.. Signed by Judge Edward M. Chen on 3/22/16. (bpfS, COURT STAFF) (Filed on 3/22/2016)

1
2
3
4

UNITED STATES DISTRICT COURT

5

NORTHERN DISTRICT OF CALIFORNIA

6
7

SECURITIES AND EXCHANGE

8

Case No. 16-cv-01386-EMC

COMMISSION,
Plaintiff,

9

v.

10

ORDER RE HEARING ON
PLAINTIFF'S APPLICATION FOR A
TEMPORARY RESTRAINING ORDER
Docket No. 4

JOHN V. BIVONA, et al.,

12
For the Northern District of California

United States District Court

11

Defendants.

13

On March 22, 2016, Plaintiff Securities and Exchange Commission (SEC) filed the instant

14
15

complaint against Defendants John V. Bivona, Saddle River Advisors, LLC, SRA Management

16

Associates, LLC, and Frank Gregory Mazzola, and Relief Defendants SRA I LLC, SRA II LLC,

17

SRA III LLC, Felix Investments LLC, Michele J. Mazzola, Anne Bivona, Clear Sailing Group IV

18

LLC, and Clear Sailing Group V LLC. Docket No. 1. Plaintiff also filed a motion for a temporary

19

restraining order (TRO) seeking relief, including to prohibit Defendants from violating the anti-

20

fraud provisions of federal securities law and from directly or indirectly soliciting any person to

21
22
23
24
25
26

buy or sell securities; to freeze the assets of the Bivonas, the Mazzolas, and Felix Investments; and
to appoint an independent monitor. Docket No. 4 (TRO App.) at 2-3.
///
///
///
///
///

27

///
28

1

The Court will hear the SEC’s application for a TRO on March 23, 2016 at 9:00 A.M.

2

PST. The SEC is to give all parties notice of the hearing date by the best means practicable, i.e.

3

by phone call and/or e-mail notice. Notice should be effectuated by 2:00 P.M. PST. The SEC

4

shall file a declaration confirming service, and explaining how service was effectuated.

5

Defendants and Relief Defendants shall have until today, March 22, 2016 at 6:00 P.M. PST to

6

file opposition papers.

7
8

IT IS SO ORDERED.

9
10

12
For the Northern District of California

United States District Court

11

Dated: March 22, 2016
______________________________________
EDWARD M. CHEN
United States District Judge

13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

2