US Securities and Exchange Commission v. Wallin

Filing 39

MOTION by Plaintiff US Securities and Exchange Commission for judgment (UNOPPOSED) (Attachments: # 1 Exhibit Proposed Final Judgment)(Qualls, Alyssa)

UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF ILLINOIS
EASTERN DIVISION

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,
Plaintiff,
v.
JOHN F. WALLIN,
Defendant.

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Civil Action No. 1:17-cv-7057

SECURITIES AND EXCHANGE COMMISSION’S
UNOPPOSED MOTION FOR ENTRY OF FINAL JUDGMENT
Plaintiff United States Securities and Exchange Commission (“SEC”) hereby moves this
Court unopposed for entry of Final Judgment as to Defendant John F. Wallin (“Final Judgment
Motion”). In support thereof, the SEC states as follows:
1.

On September 29, 2017, the SEC this action for violations of federal securities

laws against Defendant Wallin. (ECF No. 1.)
2.

On October 2, 2017, the SEC filed a motion for entry of judgment, asking the

Court to enter judgment in favor of the SEC pursuant to a settlement agreement with Defendant
Wallin, and permit the SEC to file a motion as to the amount of any civil penalty. (ECF No. 6.)
The Court granted this motion on October 5, 2018. (ECF No.11.)
3.

On January 26, 2018, the SEC moved for civil penalty and entry of final judgment

against Defendant Wallin. (ECF No. 15.) On June 26, 2018, the Court granted the motion and
imposed a $50,000 civil penalty against Defendant Wallin. (ECF No. 28.)

4.

On July 23, 2018, Defendant Wallin moved to alter or amend the judgment under

Rule 59(e) of the Federal Rules of Civil Procedure. (ECF Nos. 29-32.) On August 21, 2018, the
Court denied the motion. (ECF No. 37.)
5.

On August 31, 2018, the SEC the emailed the Court a proposed final judgment

imposing a $50,000 civil penalty.
6.

On September 25, 2018, the Court directed the SEC to file this Final Judgment

Motion. A proposed final judgment is attached hereto as Exhibit 1. A Word version of the
proposed final judgment was also emailed to [e-mail].
7.

Defendant Wallin has no opposition to the Final Judgment Motion.

WHEREFORE, Plaintiff United States Securities and Exchange Commission respectfully
requests that the Court grant its Final Judgment Motion; enter the Judgment set forth in Exhibit
1; and grant such other and further relief as this Court deems just and proper.
Dated: October 3, 2018

Respectfully submitted,

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
By: /s/ Alyssa A. Qualls
Alyssa A. Qualls ([e-mail])
Charles J. Kerstetter ([e-mail])
Ariella O. Guardi ([e-mail])
Christopher H. White ([e-mail])
175 West Jackson Boulevard, Suite 1450
Chicago, Illinois 60604
[phone]
[phone] (FAX)
Attorneys for Plaintiff
U.S. Securities and Exchange Commission

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CERTIFICATE OF SERVICE
The undersigned, an attorney, hereby certifies that on October 3, 2018, a copy of the
foregoing Plaintiff Securities and Exchange Commission’s Unopposed Motion for Entry of Final
Judgment was served upon the following counsel by email:
John F. Hartmann
Austin B. Stephenson
Kirkland & Ellis LLP
300 North LaSalle
Chicago, Illinois 60654
[e-mail]
Attorneys for Defendant

/s/ Alyssa A. Qualls_______________
Alyssa A. Qualls