Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-06423/USCOURTS-cand-3_07-cv-06423-47/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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JOINT STIPULATION RE DECEMBER 18, 2015 STATUS CONFERENCE;

[PROPOSED] ORDER [Case No.: C 07-6423 MMC] 1

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UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

SECURITIES AND EXCHANGE 

COMMISSION,

Plaintiff,

v.

ROBERT OLINS, et al.,

Defendants.

Case No.: C 07-6423 MMC

JOINT STIPULATION RE DECEMBER 18, 2015 

STATUS CONFERENCE; [PROPOSED] ORDER

On November 4, 2015, the Court held a conference call with the parties regarding 

defendant Robert Olins’ Motion to Stay SEC Civil Contempt Hearing Pending Resolution of 

Criminal Proceeding in the Southern District of New York (“Motion to Stay”) and defendant 

Olins’ request to hear the Motion to Stay on shortened time. At the conclusion of the 

conference call, the Court granted defendant Olins’ request to hear the Motion to Stay on 

Shortened Time and granted the Motion to Stay. 

Case 3:07-cv-06423-MMC Document 234 Filed 12/10/15 Page 1 of 3
JOINT STIPULATION RE DECEMBER 18, 2015 STATUS CONFERENCE;

[PROPOSED] ORDER [Case No.: C 07-6423 MMC] 2

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During the November 4, 2015 telephonic hearing, the Court set a status conference on 

the SEC’s Motion for Order to Show Cause Why Defendant Robert Olins Should Not Be Held 

In Contempt of Court (hereinafter the “SEC’s Motion”) on December 18, 2015, at 9:30 a.m. to 

receive an update regarding the criminal case filed against defendant Olins in the Southern 

District of New York. The Court also request a joint statement regarding status to be filed on 

or before December 11, 2015.

During the November 4, 2015 hearing, defense counsel for Mr. Olins represented that 

the U.S. Attorney’s Office for the Southern District of New York and the SEC were engaged in 

on-going discussions with Mr. Olins regarding his criminal matter. At that time, the parties 

agreed to have continued discussions and that an indictment would not be yet filed against Mr. 

Olins (Mr. Olins has been charged thus far by way of criminal complaint). 

As of today’s date, undersigned defense counsel has been told that although progress 

has been made, discussions between the prosecution and defense continue and an indictment 

has not yet been filed. The parties have tentatively agreed to move the December 14, 2015 

deadline date for an indictment to sometime in January or February 2016. It appears that 

more information will be available sometime in January or February 2016.

As such, any status conference on the instant matter and the SEC’s Motion is 

premature and the parties jointly request and stipulate that the December 18, 2015 status 

conference be continued to February 12, 2016, at 9:30 a.m. The parties will submit an 

additional joint statement, on or before, February 5, 2016, advising the Court of the status of 

the criminal case in the Southern District of New York.

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Case 3:07-cv-06423-MMC Document 234 Filed 12/10/15 Page 2 of 3
JOINT STIPULATION RE DECEMBER 18, 2015 STATUS CONFERENCE;

[PROPOSED] ORDER [Case No.: C 07-6423 MMC] 3

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SO STIPULATED, 

Dated: December 9, 2015 ______/s/______________________

JOHN SILBERMANN

Attorney for Plaintiff

SECURITIES AND EXCHANGE 

COMMISSION

Dated: December 9, 2015 _____/s/____________________

EDWIN PRATHER

PRATHER LAW OFFICES

Attorneys for Defendant

ROBERT OLINS

[PROPOSED] ORDER

GOOD CAUSE APPEARING and per the parties’ stipulation, the December 18, 2015 

status conference shall be continued to February 12, 2016, at 9:30 a.m. The parties will 

submit a joint statement on or before, February 5, 2016, advising the Court of the status of the 

criminal case in the Southern District of New York.

IT IS SO ORDERED.

Dated: ____________________ _______________________________

HON. MAXINE M. CHESNEY

U.S. DISTRICT JUDGE

Case 3:07-cv-06423-MMC Document 234 Filed 12/10/15 Page 3 of 3