Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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UNITED STATES DISTRICT COURT

FOR THE EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE

COMMISSION,

NO. CIV. S-09-0665 LKK/DAD

Plaintiff,

v.

O R D E R

ANTHONY VASSALLO, KENNETH

KENITZER, and EQUITY 

INVESTMENT MANAGEMENT AND

TRAINING, INC.,

Defendants.

 /

This matter came before the Court on the ex parte application

of plaintiff Securities and Exchange Commission ("Commission") for

a temporary restraining order. The Court has received and

considered the Commission's complaint, application, memorandum of

points and authorities, the declarations of Ethan Conrad, Dan E.

Redfearn, Mark Siska, and Monique C. Winkler, and all exhibits

attached to those declarations, and all other submissions, written

or oral.

Good cause appearing, the Court finds:

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1. This Court has jurisdiction over the parties and the

subject matter of this action, pursuant to Sections 20(b) and 22(a)

of the Securities Act of 1933 ("Securities Act") [15 U.S.C. §§

77t(b) and 77v(a)], Sections 21(d), 21(e), and 27 of the Securities

Exchange Act of 1934 ("Exchange Act") [15 U.S.C. §§ 78u(d), 78u(e),

and 78aa], and Sections 209 and 214 of the Investment Advisers Act

of 1940 ("Advisers Act") [15 U.S.C. §§ 80b-9 and 80b-14].

2. This District is an appropriate venue for this action

pursuant to Section 22 of the Securities Act [15 U.S.C. § 77v],

Section 27 of the Exchange Act [15 U.S.C. § 78aa], and Section 214

of the Advisers Act [15 U.S.C. § 80b 14].

3. The Commission has demonstrated a likelihood of success

on the merits of its action. 

4. Good cause exists to believe that immediate and

irreparable injury will occur with respect to EIMT's assets,

including those held by each individually and those they hold

jointly, which would adversely affect the ability of the Court to

grant final effective relief in equity and at law, unless EIMT is

immediately restrained and enjoined from controlling those assets

and EIMT is required to account to the Court for those assets.

5. Good cause exists to believe that there is an immediate

and irreparable risk of injury to or loss of EIMT's records, unless

EIMT is immediately restrained and enjoined from destroying them.

Therefore,

I.

IT IS ORDERED THAT defendant EIMT and its respective officers,

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agents, servants, employees, attorneys, and those persons in active

concert or participation with any of them, who receive actual

notice of this Order, by personal service or otherwise, and each

of them, are temporarily restrained and enjoined from transferring,

assigning, selling, hypothecating, changing, wasting, dissipating,

converting, concealing, encumbering, or otherwise disposing of, in

any manner, funds, assets, securities, claims, or other property,

wherever located, in their possession or under their control,

including but not limited to the assets in accounts owned,

controlled, or opened for its benefit at the following financial

institutions and brokerage firms:

1. Bank of Commerce Holdings

2. TradeStation Securities, Inc.

3. Wells Fargo Bank, N.A.

II.

IT IS FURTHER ORDERED THAT an immediate freeze shall be placed

on all monies and assets in all accounts at any bank, financial

institution, or brokerage firm holding accounts in the name of, for

the benefit of, or under the control of defendant EIMT, and that

all banks, financial institutions, and brokerage firms holding such

accounts shall not permit transactions in such accounts without

further order of the Court.

III.

IT IS FURTHER ORDERED THAT defendant EIMT and its respective

officers, agents, servants, employees, attorneys, and those persons

in active concert or participation with any of them, who receive

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actual notice of this Order, by personal service or otherwise, and

each of them, are temporarily restrained and enjoined from,

directly or indirectly, destroying, mutilating, concealing,

transferring, altering, or otherwise disposing of, in any manner,

any documents, computers, hard drives, flash drives, computer

programs, computer files, databases, electronic data, computer

printouts, books, records, account statements, correspondence,

memoranda, e mail, or any other materials of any kind in their

possession, custody, or control, however created, produced, or

stored, that relate to any of the matters raised in this

proceeding.

IT IS SO ORDERED.

DATED: March 11, 2009.

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