Securities and Exchange Commission v. Femenia et al

Filing 396

ORDER granting 395 Motion for Reconsideration re 394 Order on Motion for Entry of Judgment under Rule 54(b). The Court hereby amends the Judgment entered on September 9, 2019 to provide that the amount of disgorgement be set at $1,369,137.50, which represents all of the funds frozen by the SEC in the two Ameritrade accounts controlled by the Defendant which were used in the insider trading. Signed by Senior Judge Graham Mullen on 10/08/2019. (ctb)

UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION

SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
Civil Action No.
v.
3:12-cv-803-GCM
JOHN W. FEMENIA, SHAWN C.
HEGEDUS, DANIELLE C. LAURENTI,
CORAM REAL ESTATE HOLDING,
INC., GOLDSTAR P.S. INC., ROGER A.
WILLIAMS, KENNETH M. RABY,
FRANK M. BURGESS, JAMES A.
HAYES, MATTHEW J. MUSANTE,
ANTHONY C. MUSANTE and AARON
M. WENS,

ORDER

Defendants,
and
KRISTINE LACK and CHRISTINE E.
MUSANTE,
Relief
Defendants.

This matter is before the Court upon Defendant Matthew Musante’s Motion for
Reconsideration. Mr. Musante seeks to have the Court reconsider its Judgment entered
September 9, 2019 setting the amount of disgorgement at $1.661 million. The Court has
considered the motion and hereby amends the Judgment entered on September 9, 2019 to
provide that the amount of disgorgement be set at $1,369,137.50, which represents all of the

funds frozen by the SEC in the two Ameritrade accounts controlled by the Defendant which were
used in the insider trading.
IT IS SO ORDERED.

Signed: October 8, 2019