Securities & Exchange Commission v. Hemp, Inc. et al

Filing 187

ORDER. IT IS ORDERED that by June 16, 2021, the parties must file either dismissal documents or an additional joint status report concerning the status of settlement. Signed by Magistrate Judge Brenda Weksler on 5/21/2021. (Copies have been distributed pursuant to the NEF - HAM)

Download PDF
Case 2:16-cv-01413-JAD-BNW Document 186 Filed 05/17/21 Page 1 of 3 1 2 3 4 5 6 7 8 9 10 11 Casey R. Fronk (Illinois #6296535) admitted pro hac vice FronkC@sec.gov Tracy S. Combs (California #298664) admitted pro hax vice CombsT@sec.gov Securities and Exchange Commission Salt Lake Regional Office 351 South West Temple, Suite 6.100 Salt Lake City, Utah 84101 Telephone: (801) 524-5796 Facsimile: (801) 524-3558 Mark R. Sylvester (New York # 4612362) admitted pro hac vice SylvesterM@sec.gov Securities and Exchange Commission Brookfield Place 200 Vesey Street New York, NY 10281 (212) 366-0159 Attorneys for Plaintiff UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEVADA 12 13 14 SECURITIES AND EXCHANGE COMMISSION, 15 16 17 18 19 20 21 22 23 24 25 vs. Case No.: 2:16-cv-01413-JAD-BNW Plaintiff, JOINT STATUS REPORT HEMP, INC. a Colorado Corporation; BRUCE J. PERLOWIN, an individual; BARRY K. EPLING, an individual; JED M. PERLOWIN, an individual; FERRIS HOLDING, INC., a private Nevada Corporation; HOBBES EQUITIES INC., a private Nevada Corporation; DIVERSIFIED INVESTMENTS LLC, a private Nevada Limited Liability Company; and QUANTUM ECONOMIC PROTOCOLS LLC, a private Nevada Limited Liability Company. Defendants. 26 27 28 1 Case 2:16-cv-01413-JAD-BNW Document 186 Filed 05/17/21 Page 2 of 3 1 2 3 4 5 Pursuant to the Court’s April 19, 2021 order (Dkt. No. 185), the parties submit the following joint status report regarding the status of settlement: The Securities and Exchange Commission (“Commission”) is considering the proposed settlements as to defendants Hemp, Inc., Bruce Perlowin, Barry Epling, Ferris Holding, Inc., and 6 Hobbes Equities Inc., with a decision expected to be reached on or about May 27, 2021. The 7 Commission has also begun its review of the proposed settlements for defendants Jed Perlowin, 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Diversified Investments, LLC, and Quantum Economic Protocols, LLC. The parties propose to file a joint status report in 30 days (June 16, 2021) informing the Court of the status of the Commission’s review. Dated: May 17, 2021 /s/ Casey R. Fronk Casey R. Fronk Mark R. Sylvester Attorneys for Plaintiff Securities and Exchange Commission /s/ Robert J. Cassity Robert J. Cassity Nevada Bar No. 9779 David J. Freeman Nevada Bar No. 10045 Holland & Hart llp 9555 Hillwood Drive, 2nd Floor Las Vegas, NV 89134 Phone: (702) 669-4600 Fax: (702) 669-4650 Email: bcassity@hollandhart.com dfreeman@hollandhart.com Attorney for Defendants Bruce J. Perlowin, Barry K. Epling, Hemp, Inc., Ferris Holding, Inc., Hobbes Equities, Inc., 28 2 Case 2:16-cv-01413-JAD-BNW Document 186 Filed 05/17/21 Page 3 of 3 1 Order 2 Based on the parties' joint status report (ECF No. 186), IT IS ORDERED that by June 16, 2021, the parties must file either dismissal documents or an additional joint status report concerning the status of settlement. 3 4 5 6 7 8 9 Dated: May 17, 2021 IT IS SO ORDERED DATED: 10:49 am, May 21, 2021 /s/ Casey R. Fronk Casey R. Fronk BRENDA WEKSLER UNITED STATES MAGISTRATE JUDGE 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.


Why Is My Information Online?