Case ID: f-appx_669/html/0423-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. Francis WILDE; et al., Defendants, and Mark A. Gelazela, Defendant-Appellant. United States Securities and Exchange Commission, Plaintiff-Appellee, v. Francis Wilde; et al., Defendants-Appellants and Steven E. Woods; et al., Defendants.
    No. 13-55043, No. 13-55295
    United States Court of Appeals, Ninth Circuit.
    Submitted September 26, 2016 
    
    Filed October 03, 2016
    David Lisitza, Senior Litigation Counsel, Paul Gerard Alvarez, Securities & Exchange Commission, Washington, DC,
    Mark Alan Gelazela, Marina Del Rey, CA, Pro Se.
    Before: D.W. NELSON, GRABER, and 'WATFORD, Circuit Judges.
    
      
       The panel unanimously concludes this case is suitable for decision without oral argument. See Fed. R. App. P. 34(a)(2).
    
   MEMORANDUM

Defendants appeal the district court’s order granting summary judgment on the Securities and Exchange Commission’s securities fraud claims. We affirm the district court’s order because defendants have failed to demonstrate a genuine dispute as to any material fact in this case. We also find that the district court acted within its discretion by ordering disgorgement of the ill-gotten gains.

AFFIRMED. 
      
       This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3.