Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-casd-3_17-cv-00432/USCOURTS-casd-3_17-cv-00432-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:0077 Securities Fraud

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UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE

COMMISSION,

Plaintiff,

vs.

DESARROLLADORA 

HOMEX S.A.B. DE C.V.,

Defendant

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Case No. 3:17-cv-00432-L-WVG

FINAL JUDGMENT AS TO

DEFENDANT DESARROLLADORA

HOMEX S.A.B. DE C.V.

The Securities and Exchange Commission having filed a Complaint and

Defendant Desarrolladora Homex S.A.B. de C.V. (“Defendant” or “Homex”)

having entered a general appearance; consented to and admitted the Court’s

jurisdiction over Defendant and the subject matter of this action; consented to entry

of this Final Judgment without admitting or denying the allegations of the

Complaint (except as to jurisdiction); waived findings of fact and conclusions of

law; and waived any right to appeal from this Final Judgment:

I.

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is

permanently restrained and enjoined from violating Section 17(a) of the Securities

Act of 1933 (the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any

security by the use of any means or instruments of transportation or

communication in interstate commerce or by use of the mails, directly or

indirectly:

(a) to employ any device, scheme, or artifice to defraud;

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(b) to obtain money or property by means of any untrue statement of a

material fact or any omission of a material fact necessary in order to make

the statements made, in light of the circumstances under which they were

made, not misleading; or

(c) to engage in any transaction, practice, or course of business which

operates or would operate as a fraud or deceit upon the purchaser.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided

in Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the

following who receive actual notice of this Final Judgment by personal service or

otherwise: (a) Defendant’s officers, agents, servants, employees, and attorneys;

and (b) other persons in active concert or participation with Defendant or with

anyone described in (a).

II.

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that

Defendant is permanently restrained and enjoined from violating, directly or

indirectly, Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange

Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5 promulgated thereunder [17 C.F.R.

§ 240.10b-5], by using any means or instrumentality of interstate commerce, or of

the mails, or of any facility of any national securities exchange, in connection with

the purchase or sale of any security:

(a) to employ any device, scheme, or artifice to defraud;

(b) to make any untrue statement of a material fact or to omit to state a

material fact necessary in order to make the statements made, in the light of

the circumstances under which they were made, not misleading; or

(c) to engage in any act, practice, or course of business which operates or

would operate as a fraud or deceit upon any person.

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IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided

in Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the

following who receive actual notice of this Final Judgment by personal service or

otherwise: (a) Defendant’s officers, agents, servants, employees, and attorneys;

and (b) other persons in active concert or participation with Defendant or with

anyone described in (a).

III.

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED

that Defendant is permanently restrained and enjoined from violating Exchange

Act Section 13(a) [15 U.S.C. § 78m(a)] and Rules 12b-20, 13a-1 and 13a-16

promulgated thereunder [17 C.F.R. §§ 240.12b-20, 240.13a-1 and 240.13a-16] by

knowingly providing substantial assistance to any issuer of a security registered

pursuant to Exchange Act Section 12 [15 U.S.C. §78l] that files or causes to be

filed with the Commission any report which contains any untrue statement of

material fact, which omits to state any material fact necessary in order to make the

statements made, in light of the circumstances under which they were made, not

misleading, or which omits to disclose any information required to be disclosed.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided

in Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the

following who receive actual notice of this Final Judgment by personal service or

otherwise: (a) Defendant’s officers, agents, servants, employees, and attorneys;

and (b) other persons in active concert or participation with Defendant or with

anyone described in (a).

IV.

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that

Defendant is permanently restrained and enjoined from violating Exchange Act

Sections 13(b)(2)(A) and 13(b)(2)(B) [15 U.S.C. §§78m(b)(2)(A) and

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78m(b)(2)(B)] by knowingly providing substantial assistance to any issuer of a

security registered pursuant to Exchange Act Section 12 [15 U.S.C. §78l] or to any

issuer which is required to file reports pursuant to Exchange Act Section 15(d) [15

U.S.C. §78o(d)] that:

(a) fails to make and keep books, records, and accounts which, in

reasonable detail, accurately and fairly reflect the transactions and

dispositions of the assets of the issuer; or

(b) fails to devise and maintain a system of internal accounting

controls sufficient to provide reasonable assurances that: (1) transactions are

executed in accordance with management’s general or specific authorization;

(2) transactions are recorded as necessary (i) to permit preparation of

financial statements in conformity with generally accepted accounting

principles or any other criteria applicable to such statements and (ii) to

maintain accountability for assets; (3) access to assets is permitted only in

accordance with management’s general or specific authorization; and (4) the

recorded accountability for assets is compared with the existing assets at

reasonable intervals and appropriate action is taken with respect to any

differences.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided

in Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the

following who receive actual notice of this Final Judgment by personal service or

otherwise: (a) Defendant’s officers, agents, servants, employees, and attorneys;

and (b) other persons in active concert or participation with Defendant or with

anyone described in (a).

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V.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is

incorporated herein with the same force and effect as if fully set forth herein, and

that Defendant shall comply with all of the undertakings and agreements set forth

therein.

VI.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall

retain jurisdiction of this matter for the purposes of enforcing the terms of this

Final Judgment.

VII. 

There being no just reason for delay, pursuant to Rule 54(b) of the Federal

Rules of Civil Procedure, the Clerk is ordered to enter this Final Judgment

forthwith and without further notice.

DATED: March 28, 2017

M. James Lorenz

United States District Court Judge

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