Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_16-cv-02373/USCOURTS-cand-5_16-cv-02373-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 02:431 Fed. Election Commission: Failure Enforce Compliance

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1 Final Judgment As To 

Defendant Peter D. Nunan

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DARREN E. LONG (D.C. Bar No. 474261) 

longd@sec.gov 

Attorney for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

100 F Street, NE 

Washington, DC 20549-5010 

Telephone: (202) 551-4788 

Facsimile: (202) 772-9286 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN JOSE DIVISION 

SECURITIES AND EXCHANGE 

COMMISSION, 

Plaintiff, 

vs. 

PETER D. NUNAN, 

Defendant. 

 Case No. 

(PROPOSED) FINAL JUDGMENT AS TO 

DEFENDANT PETER D. NUNAN 

The Securities and Exchange Commission having filed a Complaint and Defendant Peter D. 

Nunan having entered a general appearance; consented to 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 and except as otherwise provided 

herein in paragraph IV); 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, 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 

16-CV-02373-LHK

Case 5:16-cv-02373-LHK Document 7 Filed 05/03/16 Page 1 of 5
2 Final Judgment As To 

Defendant Peter D. Nunan

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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. 

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

Federal Rules of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of the Final Judgment by personal service or otherwise: (a) Defendant’s 

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 Section 14(e) of the Exchange Act of 1934 [15 

U.S.C. § 78(n)(e)], and Rule 14e-3 [17 C.F.R. § 240.14e-3] promulgated thereunder, in connection 

with any tender offer or request or invitation for tenders, from engaging in any fraudulent, 

deceptive, or manipulative act or practice, by: 

(a) purchasing or selling or causing to be purchased or sold the securities sought or to be 

sought in such tender offer, securities convertible into or exchangeable for any such 

securities or any option or right to obtain or dispose of any of the foregoing securities 

while in possession of material information relating to such tender offer that 

Defendant knows or has reason to know is nonpublic and knows or has reason to 

know has been acquired directly or indirectly from the offering person; the issuer of 

the securities sought or to be sought by such tender offer; or any officer, director, 

partner, employee, or other person acting on behalf of the offering person or such 

issuer, unless within a reasonable time prior to any such purchase or sale such 

information and its source are publicly disclosed by press release or otherwise; or 

Case 5:16-cv-02373-LHK Document 7 Filed 05/03/16 Page 2 of 5
3 Final Judgment As To 

Defendant Peter D. Nunan

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(b) communicating material, nonpublic information relating to a tender offer, which 

Defendant knows or has reason to know is nonpublic and knows or has reason to 

know has been acquired directly or indirectly from the offering person; the issuer of 

the securities sought or to be sought by such tender offer; or any officer, director, 

partner, employee, advisor, or other person acting on behalf of the offering person of 

such issuer, to any person under circumstances in which it is reasonably foreseeable 

that such communication is likely to result in the purchase or sale of securities in the 

manner described in subparagraph (a) above, except that this paragraph shall not 

apply to a communication made in good faith: 

(i) to the officers, directors, partners, or employees of the offering person, to its 

advisors or to other persons, involved in the planning, financing, preparation, 

or execution of such tender offer; 

(ii) to the issuer whose securities are sought or to be sought by such tender offer, 

to its officers, directors, partners, employees, or advisors or to other persons 

involved in the planning, financing, preparation, or execution of the activities 

of the issuer with respect to such tender offer; or 

(iii) to any person pursuant to a requirement of any statute or rule or regulation 

promulgated thereunder. 

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

Federal Rules of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

receive actual notice of the Final Judgment by personal service or otherwise: (a) Defendant’s 

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 FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is liable for 

disgorgement of $254,858, representing profits gained as a result of the conduct alleged in the 

Complaint, together with prejudgment interest thereon in the amount of $24,587, and a civil penalty 

in the amount of $254,858, pursuant to Section 21A of the Exchange Act [15 U.S.C. § 78u-1]. 

Case 5:16-cv-02373-LHK Document 7 Filed 05/03/16 Page 3 of 5
4 Final Judgment As To 

Defendant Peter D. Nunan

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Defendant shall satisfy this obligation by paying $534,303 to the Securities and Exchange 

Commission within 14 days after entry of this Final Judgment. 

Defendant may transmit payment electronically to the Commission, which will provide 

detailed ACH transfer/Fedwire instructions upon request. Payment may also be made directly from 

a bank account via Pay.gov through the SEC website at http://www.sec.gov/about/offices/ofm.htm. 

Defendant may also pay by certified check, bank cashier’s check, or United States postal money 

order payable to the Securities and Exchange Commission, which shall be delivered or mailed to 

Enterprise Services Center 

Accounts Receivable Branch 

6500 South MacArthur Boulevard 

Oklahoma City, OK 73169 

and shall be accompanied by a letter identifying the case title, civil action number, and name of this 

Court; Peter D. Nunan as a defendant in this action; and specifying that payment is made pursuant 

to this Final Judgment. 

Defendant shall simultaneously transmit photocopies of evidence of payment and case 

identifying information to the Commission’s counsel in this action. By making this payment, 

Defendant relinquishes all legal and equitable right, title, and interest in such funds and no part of 

the funds shall be returned to Defendant. The Commission shall send the funds paid pursuant to 

this Final Judgment to the United States Treasury. 

The Commission may enforce the Court’s judgment for disgorgement and prejudgment 

interest by moving for civil contempt (and/or through other collection procedures authorized by 

law) at any time after 14 days following entry of this Final Judgment. Defendant shall pay post 

judgment interest on any delinquent amounts pursuant to 28 U.S.C. § 1961. 

IV. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for purposes of 

exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. §523, the 

allegations in the complaint are true and admitted by Defendant, and further, any debt for 

disgorgement, prejudgment interest, civil penalty, or other amounts due by Defendant under this 

Final Judgment or any other judgment, order, consent order, decree, or settlement agreement 

Case 5:16-cv-02373-LHK Document 7 Filed 05/03/16 Page 4 of 5
5 Final Judgment As To 

Defendant Peter D. Nunan

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entered in connection with this proceeding, is a debt for the violation by Defendant of the federal 

securities laws or any regulation or order issued under such laws, as set forth in Section 523(a)(19) 

of the Bankruptcy Code, 11 U.S.C. §523(a)(19).

V. 

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. 

Dated: __________________, ____________ 

____________________________________ 

UNITED STATES DISTRICT JUDGE 

The Clerk shall close the case file. May 3, 2016

Case 5:16-cv-02373-LHK Document 7 Filed 05/03/16 Page 5 of 5