Securities and Exchange Commission v. Medient Studios, Inc. et al

Filing 52

FINAL JUDGMENT in favor of Securities and Exchange Commission against Medient Studios, Inc. re 51 Order. (loh)

AO 450{GAS Rev 10/03)Judgment in a Civil Case

United States District Court
Southern District ofGeorgia
Securities and Exchange Commission

JUDGMENT IN A CIVIL CASE

V.

CASE NUMBER: CV416-253

Medient Studios, Inc.

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12]

Jury Verdict. This action came before the Court for a trial by jury. The issues have been tried and the jury
has rendered its verdict.

Decision by Court.This action came before the Court. The issues have been considered and a decision has been
rendered.

IT IS ORDERED AND ADJUDGED

that in accordance with this Court's Order dated August 3,2018, Plaintiffs Motion for Default
Judgment is Granted. Defendant is liable for disgorgcment of $885,000, representing profits gained
as a result of the conduct alleged in the Complaint, together with prcjudgmeni
interest thereon in the amount of $54,368.73, for a total of $939,368.73, and a civil

penalty in the amount of $885,000.00 pursuant to Section 20(d) of the Securities
Act and Section 21 (d)(3) of the Exchange Act.

August 3, 2018

Scott L.

Date

Deputy 0erk
GA£Rev lO/UOJ