Securities And Exchange Commission v. GLR Capital Management, LLC et al

Filing 273

ORDER granting 270 Voluntary Dismissal re Defendant GLR Capital Management, LLC and Relief Defendant GLR Growth Fund, L.P. The Clerk shall close this file. Signed by Judge Edward J. Davila on 5/27/2016. (ejdlc1S, COURT STAFF) (Filed on 5/27/2016)

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Attorneys for Plaintiff
SECURITIES AND EXCHANGE COMMISSION
. D av i l a
d w a rd J
44 Montgomery Street, Suite 2800
J u d ge E
San Francisco, California 94104
Telephone: [phone]
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Facsimile: [phone]
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UNIT
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JINA L. CHOI (Admitted to the New York Bar)
SHEILA E. O’CALLAGHAN (Cal. Bar No. 131032)
[e-mail]
ROBERT J. DURHAM (Admitted to the New York Bar) GRANTED
[e-mail]

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ISTRIC
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The Clerk shall
close this file.
5/27/2016

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN JOSE DIVISION

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SECURITIES AND EXCHANGE COMMISSION,

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Case No. 12-CV-2663 (EJD)

Plaintiff,
vs.

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GLR CAPITAL MANAGEMENT, LLC,

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NOTICE OF VOLUNTARY
DISMISSAL OF DEFENDANTS
GLR CAPITAL MANAGEMENT,
LLC AND RELIEF DEFENDANT
GLR GROWTH FUND, L.P.

Defendant

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and
GLR GROWTH FUND, L.P.,
Relief Defendant.

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NOTICE OF VOLUNTARY DISMISSAL

CV12-2663 (EJD)

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Pursuant to Federal Rule of Civil Procedure 41(a)(1), Plaintiff Securities and Exchange

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Commission (“Commission”) hereby voluntarily dismisses with prejudice its action against

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Defendant GLR Capital Management, LLC (“GLR Capital”) and Relief Defendant GLR Growth

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Fund, L.P. (“Fund”). Rule 41(a)(1) permits a plaintiff to dismiss claims voluntarily where, as here,

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the opposing party has not served an answer or a motion for summary judgment.

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The Commission brought this action on May 24, 2012 alleging that GLR Capital served as the

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general partner of the Fund, a private investment fund, and violated certain provisions of the federal

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securities laws in connection with its operation of the Fund (ECF No. 1). GLR Capital is now

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defunct. On January 21, 2016, the Court ordered that a new corporation become the general partner

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of the Fund. (ECF No. 257). In light of this, the Commission now voluntarily dismisses with

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prejudice the claims pending against GLR Capital and the Fund.

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Dated: March 18, 2016
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/s/ Robert J. Durham
Robert J. Durham
Attorney for Plaintiff
Securities and Exchange Commission

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NOTICE OF VOLUNTARY DISMISSAL

CV12-2663 (EJD)