Securities and Exchange Commission v. Global Digital Solutions, Inc. et al

Filing 35

FINAL JUDGMENT AS TO DEFENDANT GLOBAL DIGITAL SOLUTIONS, INC;granting 34 Motion for Judgment. Signed by Judge Robin L. Rosenberg on 1/2/2018. (ege)

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA
CASE NO. 16-cv-81413-RLR/JMH

SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
v.
GLOBAL DIGITAL SOLUTIONS, INC., et al.,
Defendants.

FINAL JUDGMENT AS TO DEFENDANT GLOBAL DIGITAL SOLUTIONS, INC.
The Securities and Exchange Commission having filed a Complaint and Defendant
Global Digital Solutions, Inc., having entered a general appearance; consented to the Court’s
jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final
Judgment without admitting or denying the allegations of the Complaint (except as to
jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal
from this Final Judgment:
I.
INCORPORATION OF JUDGMENT
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the Court’s Judgment
as to Defendant entered on March 14, 2017 [D.E. 31] is hereby adopted and incorporated by
reference with the same force and effect as if fully set forth herein, and that Defendant shall
comply with all of the undertakings and agreements set forth therein.

II.
DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL PENALTY
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is liable
for disgorgement of $50,000, representing profits gained as a result of the conduct alleged in the
Complaint, together with prejudgment interest thereon in the amount of $494.36, and a civil
penalty in the amount of $50,000 pursuant to Section 20(d) of the Securities Act of 1933, 15
U.S.C. § 77t(d) and Section 21(d)(3) of the Securities Exchange Act of 1934, 15 U.S.C. §
78u(d)(3). Defendant shall satisfy this obligation by paying $100,494.36 to the Securities and
Exchange Commission within 14 days after entry of this Final Judgment.
Defendant may transmit payment electronically to the Commission, which will provide
detailed ACH transfer/Fedwire instructions upon request. Payment may also be made directly
from

a

bank

account

via

Pay.gov

through

the

SEC

website

at

http://www.sec.gov/about/offices/ofm.htm. Defendant may also pay by certified check, bank
cashier’s check, or United States postal money order payable to the Securities and Exchange
Commission, which shall be delivered or mailed to
Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and shall be accompanied by a letter identifying the case title, civil action number, and name of
this Court; Global Digital Solutions, Inc., as a defendant in this action; and specifying that
payment is made pursuant to this Final Judgment.
Defendant shall simultaneously transmit photocopies of evidence of payment and case
identifying information to the Commission’s counsel in this action. By making this payment,
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Defendant relinquishes all legal and equitable right, title, and interest in such funds and no part
of the funds shall be returned to Defendant. The Commission shall send the funds paid pursuant
to this Final Judgment to the United States Treasury.
The Commission may enforce the Court’s judgment for disgorgement and prejudgment
interest by moving for civil contempt (and/or through other collection procedures authorized by
law) at any time after 1 4 days following entry of this Final Judgment. Defendant shall pay post
judgment interest on any delinquent amounts pursuant to 28 U.S.C. § 1961.
III.
INCORPORATION OF CONSENT
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent to Final
Judgment is incorporated herein with the same force and effect as if fully set forth herein, and
that Defendant shall comply with all of the undertakings and agreements set forth therein.
IV.
RETENTION OF JURISDICTION
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain
jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment.

DONE AND ORDERED in Chambers, Fort Pierce, Florida, this 2nd day of January,
2018.
____________________________________

Robin L. Rosenberg
United States District Judge
Copies furnished to all counsel of record.

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