UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF FLORIDA

Case No. 23-CV-23721-BLOOM/Otazo-Reyes

SECURITIES AND EXCHANGE COMMISSION, 

 

Plaintiff, 

 

v. 

ABFP INCOME FUND PARALLEL, LLC,

et al., 

Defendants. 

 ____________________________________________/

FINAL JUDGMENT AS TO DEFENDANTS ABFP INCOME FUND 3, LLC, ABFP 

INCOME FUND 4, LLC, ABFP INCOME FUND 6, LLC, ABFP MULTI-STRATEGY 

INVESTMENT FUND, LP, ABFP MULTI-STRATEGY INVESTMENT FUND 2, LP, 

ABFP INCOME FUND PARALLEL, LLC, ABFP INCOME FUND 2 PARALLEL, LLC, 

ABFP INCOME FUND 3 PARALLEL, LLC, ABFP INCOME FUND 4 PARALLEL, LLC,

AND ABFP INCOME FUND 6 PARALLEL, LLC

THIS CAUSE is before the Court upon Plaintiff, the Securities and Exchange 

Commission’s Unopposed Motion for Entry of Final Judgments Against All Defendants, ECF No. 

[9], filed on November 6, 2023. The Securities and Exchange Commission having filed a 

Complaint and Defendants ABFP Income Fund 3, LLC, ABFP Income Fund 4, LLC, ABFP 

Income Fund 6, LLC, ABFP Multi-Strategy Investment Fund, LP, ABFP Multi-Strategy 

Investment Fund 2, LP, ABFP Income Fund Parallel, LLC, ABFP Income Fund 2 Parallel, LLC,

ABFP Income Fund 3 Parallel, LLC, ABFP Income Fund 4 Parallel, LLC, and ABFP Income Fund 

6 Parallel, LLC, (collectively “Corporate Defendants”) having entered a general appearance; 

consented to the Court’s jurisdiction over Corporate Defendants 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); waived findings of fact and conclusions of law; and 

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waived any right to appeal from this Final Judgment: 

I.

PERMANENT INJUNCTION

A. Sections 5(a) and 5(c) of the Securities Act

It is ORDERED AND ADJUDGED that the Corporate Defendants and their respective 

directors, officers, agents, servants, employees, attorneys, representatives and those persons in

active concert or participation with them, and each of them, are hereby enjoined from violating 

Section Sections 5(a) and 5(c) of the Securities Act [15 U.S.C. § 77e] by, directly or indirectly, 

in the absence of any applicable exemption: 

(a) Unless a registration statement is in effect as to a security, making use of any

means or instruments of transportation or communication in interstate commerce

or of the mails to sell such security through the use or medium of any prospectus 

or otherwise; 

(b) Unless a registration statement is in effect as to a security, carrying or causing to 

be carried through the mails or in interstate commerce, by any means or 

instruments of transportation, any such security for the purpose of sale or for

delivery after sale; or

(c) Making use of any means or instruments of transportation or communication in 

interstate commerce or of the mails to offer to sell or offer to buy through the use 

or medium of any prospectus or otherwise any security, unless a registration 

statement has been filed with the Commission as to such security, or while the 

registration statement is the subject of a refusal order or stop order or (prior to 

the effective date of the registration statement) any public proceeding or 

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examination under Section 8 of the Securities Act [15 U.S.C. § 77h]. 

It is further ORDERED AND ADJUDGED that, as provided in Federal Rule of Civil 

Procedure 65(d)(2), the foregoing paragraph also binds the following who receive actual notice 

of this Judgment by personal service or otherwise: (a) any of the Corporate Defendants’ officers, 

directors, agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with the Corporate Defendants or with anyone described in (a). 

II.

DISGORGEMENT

It is further ORDERED AND ADJUDGED that the Corporate Defendants are liable for 

disgorgement of $99,370,410.00, representing net profits gained as a result of the conduct alleged 

in the Complaint, together with prejudgment interest thereon in the amount of $14,186,572.94. 

Both disgorgement and prejudgment interest thereon are deemed satisfied by the amounts collected 

by the Receiver in SEC v. Complete Business Solutions, Inc. d/b/a Par Funding, et al, Civil Action 

No. 20-cv-81205-RAR (SDFL). 

III.

INCORPORATION OF CONSENT

It is further ORDERED AND ADJUDGED that the Consent filed herewith is 

incorporated herein with the same force and effect as if fully set forth herein, and the Corporate 

Defendants shall comply with all of the undertakings and agreements set forth therein. 

IV.

RETENTION OF JURISDICTION

It is further ORDERED AND ADJUDGED that this Court shall retain jurisdiction of this 

matter for purposes of enforcing the terms of this Final Judgment. 

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V.

RULE 54(b) CERTIFICATION

 There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of Civil 

Procedure, the Clerk is ordered to enter this Judgment forthwith and without further notice. 

The Clerk shall CLOSE this case.

DONE AND ORDERED in Chambers at Miami, Florida, on November 7, 2023. 

 

_________________________________ 

BETH BLOOM

UNITED STATES DISTRICT JUDGE

Copies to: Counsel of Record

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