U.S. Securities and Exchange Commission v. Coronati
ORDER ADOPTING REPORT AND RECOMMENDATIONS of Magistrate Judge Mann. Plaintiff's motion for entry of default judgment is granted. ( Ordered by Judge Allyne R. Ross on 11/1/2016 ) *Forwarded for judgment. (Guzzi, Roseann)
UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF NEW YORK
^ ' ;w
UNITED STATES SECURITIES AND EXCHANGE
NOT FOR ELECTRONIC
OR PRINT PUBLICATION
ROSS, United States District Judge:
The court has received the Report and Recommendation on the instant case dated
October 14, 2016,from the Honorable Roanne L. Mann, United States Magistrate Judge. No
objections have been filed. Accordingly, the court has reviewed the Report and
Recommendation for clear error on the face of the record. S^ Advisory Comm. Notes to Fed.
R. Civ. P. 72(b); accord Brissett v. Manhattan & Bronx Surface Transit Operating Auth.. No. 09CV-1930682(CBA)
(LB), 2011 WL 1930682, at *I (E.D.N.Y. May 19, 2011). Having
reviewed the record, I find no clear error. I hereby adopt the Report and Recommendation,in its
entirety, as the opinion of the Court pursuant to 28 U.S.C. § 636(b)(1).
Therefore, plaintiffs motion for entry of default judgment is granted. Plaintiff is
awarded the following sums:(I)disgorgement with prejudgment interest as of October 17, 2014
in the amount of$150,000, plus prejudgment interest, compounded quarterly, at an annual rate of
three percent for the time period between October 17, 2014, and March 31, 2016, and at an
annual rate offour percent for the time period between April 1, 2016, and the date ofjudgment;
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