Securities and Exchange Commission v. Bronson et al
Filing
326
ORDER granting 325 LETTER MOTION to Compel Defendant Edward Bronson to Pay pursuant to a Court ordered installment plan. The SEC is to provide an arrest warrant for Mr. Bronson ASAP. SO ORDERED. (Signed by Judge Kenneth M. Karas on 2/14/2022) (jca)
Case 7:12-cv-06421-KMK Document 325 Filed 02/14/22 Page 1 of 1
326
February 14, 2022
By ECF
Hon. Kenneth M. Karas
United States District Court
United States Courthouse
300 Quarropas Street, Chambers 533
White Plains, New York 10601-4150
Re: U.S. Securities and Exchange Commission v. Bronson et al.,
12-CV-6421 (KMK)
Dear Judge Karas:
I write on behalf of the United States Securities and Exchange Commission
(“Commission”) to inform the Court that Defendant Edward Bronson (“Bronson”) has
failed to provide proof of compliance with the Court’s Order to pay the $1,100,000
installment payment due pursuant to his plan by February 13, 2022. DE 301.
As background, the Court’s Order requires Bronson to pay the Commission
$1,100,000 by the 13th of each month and to file proof of payment and available funds on
ECF or face arrest for his contempt. DE 301. The Order provides that “[i]f Bronson fails
to pay and/or fails to file proof of payment on ECF by the due date of the payment along
with proof of funds available to make the payment the U.S. Marshals Service for the
Southern District of New York shall take Bronson into custody for his civil contempt.”
Id. After repeated instances of Bronson failing to pay timely, on January 27, 2022, the
Court ordered Bronson incarcerated. DE 320. When Bronson paid and the Court ordered
his release, the Court’s Order stated that: “Mr. Bronson is advised that a late payment, by
even a day, will result in his arrest and imprisonment.” DE 324.
As Bronson has again failed to provide proof that he made a timely payment
voluntarily, the Commission respectfully requests that Bronson be imprisoned until he
pays the $1.1 million payment.
Respectfully submitted,
Maureen Peyton King
The SEC is to provide an arrest warrant
for Mr. Bronson ASAP.
So Ordered.
2/14/22
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