UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF FLORIDA

CASE NO. 20-CIV-80706-RAR

SECURITIES AND EXCHANGE 

COMMISSION,

Plaintiff,

v.

PRAXSYN CORPORATION

and FRANK J. BRADY, 

Defendants.

_______/

FINAL JUDGMENT AGAINST DEFENDANT PRAXSYN CORPORATION

The Securities and Exchange Commission having filed a Complaint and Defendant 

Praxsyn Corporation (“Praxsyn” or “the Company”) having: entered a general appearance; 

consented to the Court’s jurisdiction over it and the subject matter of this action; consented to entry 

of this Final Judgment without admitting or denying the allegations of the Complaint (except for 

personal and subject matter jurisdiction, which Praxsyn admits); waived findings of fact and 

conclusions of law; and waived any right to appeal from this Final Judgment, it is hereby

ORDERED AND ADJUDGED as follows:

1. Praxsyn is permanently restrained and enjoined from violating, directly or 

indirectly, Section 10(b) of 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 

purchase or sale of any security:

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(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, 

with respect to: (i) the prospects for success of any product or company; or (ii) making any false 

or misleading statement, or disseminating any false or misleading documents, materials, or 

information, concerning matters related to a company’s business or to a decision by an investor or 

prospective investor to buy or sell securities of any company.

2. As provided in Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph 

also binds the following who receive actual notice of this Final Judgment by personal service or 

otherwise: (a) Praxsyn’s officers, agents, servants, employees, and attorneys; and (b) other persons 

in active concert or participation with Praxsyn or with anyone described in (a).

3. Praxsyn shall pay a civil penalty in the amount of $50,000 to the Securities and 

Exchange Commission pursuant to Section 21(d) of the Exchange Act (15 U.S.C. § 78u(d)) within 

30 days of entry of this Final Judgment. Praxsyn 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. Praxsyn 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:

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Enterprise Services Center

Accounts Receivable Branch

6500 South MacArthur Boulevard

HQ Bldg., Room 181, AMZ-341

Oklahoma City, OK 73169

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

this Court; Praxsyn’s name as a defendant in this action; and specifying that payment is made 

pursuant to this Final Judgment. 

Praxsyn shall simultaneously transmit photocopies of evidence of payment and case 

identifying information to the Commission’s counsel in this action, Robert K. Levenson, Securities 

and Exchange Commission, 801 Brickell Avenue, Suite 1950, Miami, FL, 33131. By making 

these payments, Praxsyn relinquishes all legal and equitable right, title, and interest in such funds 

and no part of the funds shall be returned to him. The Commission shall send the funds paid 

pursuant to this Final Judgment to the United States Treasury. Praxsyn shall pay post-judgment 

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

4. This Court shall retain jurisdiction of this matter for the purposes of enforcing the 

terms of this Final Judgment.

DONE AND ORDERED in Fort Lauderdale, Florida, this 26th day of August, 2020.

 _________________________________

 RODOLFO A. RUIZ II

 UNITED STATES DISTRICT JUDGE

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