Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-1_16-cv-00344/USCOURTS-caed-1_16-cv-00344-45/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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STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE

COMMISSION,

Plaintiff,

vs.

BIC REAL ESTATE DEVELOPMENT 

CORPORATION and DANIEL R. 

NASE, individually and d/b/a 

BAKERSFIELD INVESTMENT 

CLUB,

Defendants,

BIC SOLO 401K TRUST and 

MARGARITA NASE,

Relief Defendants.

Case No. 1:16-cv-00344-LJO-JLT

STIPULATION TO DISMISS 

CLAIMS AGAINST RELIEF 

DEFENDANT BIC SOLO 401K 

TRUST AND ORDER

Case 1:16-cv-00344-DAD-JLT Document 178 Filed 03/22/17 Page 1 of 3
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WHEREAS, on March 11, 2016, the Securities and Exchange Commission 

(“SEC”) commenced this action and named BIC Solo 401k Trust as a Relief 

Defendant; and

WHEREAS, the Receiver has informed the SEC that it has recovered from BIC 

Solo 401k Trust all funds and/or property in her possession, custody, or control which 

were traceable to the alleged fraud; and

WHEREAS, BIC Solo 401k Trust waives any rights under the Equal Access to 

Justice Act, the Small Business Regulatory Enforcement Fairness Act of 1996, or any 

other provision of law to seek from the United States, or any agency, or any official 

of the United States acting in his or her official capacity, directly or indirectly, 

reimbursement of attorney’s fees or other fees, expenses, or costs expended by Relief 

Defendant to defend against this action. For these purposes, Relief Defendant agrees 

that Relief Defendant is not the prevailing party in this action since the parties have 

reached a good faith settlement; and

WHEREAS, in light of the foregoing, the SEC and BIC Solo 401k Trust have 

agreed to stipulate to the dismissal of the SEC’s claim against it as a Relief 

Defendant; 

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NOW THEREFORE, IT IS STIPULATED as follows:

The SEC’s claim against Relief Defendant BIC Solo 401k Trust is dismissed. 

Respectfully submitted,

Dated: March 22, 2017

/s/ John B. Bulgozdy

John B. Bulgozdy

Manuel Vazquez

Matthew T. Montgomery

Attorneys for Plaintiff 

Securities and Exchange Commission

Dated: March 22, 2017 /s/ Scott Vick

Scott Vick

Vick Law Group, APC

Attorneys for Relief Defendant BIC Solo 

401k Trust 

I hereby attest that all other signatories listed concur in the filing of this document 

and have authorized its filing.

/s/ John B. Bulgozdy

IT IS SO ORDERED.

Dated: March 22, 2017 /s/ Lawrence J. O’Neill _____ 

UNITED STATES CHIEF DISTRICT JUDGE

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