Securities and Exchange Commission v. Chen et al

Filing 73

ORDER granting relief in parties' 72 Joint Status Report. SEC's motion and supporting papers will be due 10/16/2019; Defendants' opposition will be due on 11/20/2019; and the SEC's reply will be due on 12/4/2019. Signed by Judge James L. Robart. (SWT)

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UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF WASHINGTON
AT SEATTLE

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SECURITIES AND EXCHANGE
COMMISSION,

CASE NO. C17-0405JLR
ORDER

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Plaintiff,
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v.
ANDY SHIN FONG CHEN, et al.,

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Defendants.

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Before the court is the parties’ September 27, 2019, joint status report. (JSR (Dkt.
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# 72).) The JSR explains that counsel for Plaintiff Securities and Exchange Commission
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(“the SEC”) “has received approval from [the SEC] for a requested penalty amount in
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this matter.” (Id. at 1.) The JSR also indicates that Defendants’ counsel still needs
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additional information about the immigration status of remaining investors and that
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Defendants cannot yet determine whether they will “request a hearing for remedies
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determination.” (Id. at 1-2.) Despite these outstanding issues, the parties have agreed on
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ORDER - 1

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the following briefing schedule for the remedies phase of this proceeding: (1) the SEC’s

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motion and supporting papers will be due October 16, 2019; (2) Defendants’ opposition

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will be due on November 20, 2019; and (3) the SEC’s reply will be due on December 4,

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2019. (Id. at 2.) The parties also indicate that they intend to exchange additional

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information before October 16, 2019, and “examine the possibility of stipulated

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resolution.” (Id.)

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The court finds this proposal appropriate. Accordingly, the relief requested in
parties’ JSR is GRANTED. (Dkt. # 72.)
Dated this 27th day of September, 2019.

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A

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JAMES L. ROBART
United States District Judge

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ORDER - 2