Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_16-cv-00320/USCOURTS-caed-2_16-cv-00320-3/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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JINA L. CHOI (NY Bar No. 2699718) 

ERIN E. SCHNEIDER (Cal. Bar No. 216114) 

JASON M. HABERMEYER (Cal. Bar No. 226607) 

 habermeyerj@sec.gov 

ROBERT L. TASHJIAN (Cal. Bar No. 191007) 

 tashjianr@sec.gov 

JOSEPH P. CEGLIO (Cal. Bar No. 225251) 

 ceglioj@sec.gov 

Attorneys for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

44 Montgomery Street, Suite 2800 

San Francisco, California 94104 

Telephone: (415) 705-2500 

Facsimile: (415) 705-2501 

SECURITIES AND EXCHANGE COMMISSION, 

 Plaintiff, 

 vs. 

HECTOR M. ABSI, JR. 

 Defendant. 

Case No. 16-cv-00320 MCE-KJN 

ORDER TO STAY DISCOVERY 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SACRAMENTO DIVISION 

Case 2:16-cv-00320-KJM-KJN Document 26 Filed 05/27/16 Page 1 of 3
SEC V. ABSI, NO. 16-CV-00320 MCE-KJN -1- ORDER RE STAY OF DISCOVERY

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Having read and considered defendant Hector M. Absi, Jr.’s motion to stay discovery (ECF 

No. 21), the motion by the United States Attorney’s Office for the Eastern District of California to 

intervene and join defendant’s motion (ECF No. 22), and plaintiff Securities and Exchange 

Commission’s response (ECF No. 23), the Court hereby GRANTS defendant’s motion and the 

Government’s motion to intervene and ORDERS the following— 

1. Discovery pursuant to Rule 26 of the Federal Rules of Civil Procedure, et seq., shall 

be stayed. The stay shall extend to the exchange of initial disclosures pursuant to Rule 26(a)(1) of the 

Federal Rules of Civil Procedure, as well as to the service of subpoenas for documents and 

depositions from third parties pursuant to Rule 45 of the Federal Rules of Civil Procedure. 

2. Nothing in this Order shall prevent the parties from conducting voluntary witness 

interviews, taking part in settlement discussions, engaging in appropriate motion practice, or seeking 

to update the Court by requesting periodic status conferences as necessary. 

3. Defendant shall be relieved of his obligation to answer or otherwise respond to the 

Complaint as long as the stay is in effect. Upon the lifting of the stay by the Court or the entry of 

final judgment in the related criminal matter captioned United States v. Hector Absi, No. 16-cr-0027 

MCE-KJN (E.D. Cal. filed Feb. 11, 2016), whichever is earlier, defendant shall answer or otherwise 

respond to the Complaint within fourteen (14) days. 

4. Having decided this matter, the hearing on defendant’s motion to stay discovery, 

currently scheduled for June 2, 2016 at 2:00 p.m., is hereby taken off calendar. 

IT IS SO ORDERED. 

Dated: May 27, 2016 

Case 2:16-cv-00320-KJM-KJN Document 26 Filed 05/27/16 Page 2 of 3
SEC V. ABSI, NO. 16-CV-00320 MCE-KJN -2- ORDER RE STAY OF DISCOVERY

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* * * 

Approved as to form: 

/s/ Robert L. Tashjian 

Robert L. Tashjian 

Attorney for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

/s/ Richard K. Kornfeld 

Richard K. Kornfeld 

Attorney for Defendant 

HECTOR M. ABSI, JR. 

/s/ Todd A. Pickles 

Todd A. Pickles 

Assistant United States Attorney 

Attorney for Intervenor 

UNITED STATES OF AMERICA 

Case 2:16-cv-00320-KJM-KJN Document 26 Filed 05/27/16 Page 3 of 3