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UNITED STATES DISTRICT COURT 

SOUTHERN DISTRICT OF FLORIDA

CASE NO: 0:22-cv-61689-AHS

SECURITIES AND EXCHANGE COMMISSION,

Plaintiff,

v.

NEIL B. SWARTZ, et al.

Defendants.

FINAL JUDGMENT AS TO DEFENDANT NEIL B. SWARTZ

The Securities and Exchange Commission having filed a Complaint and Defendant Neil B. 

Swartz 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 V); waived findings of fact and conclusions of law; and waived any 

right to appeal from this Final Judgment:

I. PERMANENT INJUNCTIVE RELIEF

SECTION 15(a)(1) OF THE SECURITIES EXCHANGE ACT OF 1934

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating, directly or indirectly, Section 15(a)(1) of the 

Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78o(a)(1)], by making use of 

any means or instrumentality of interstate commerce or of the mails and engaging in the business of 

effecting transactions in securities for the accounts of others, or inducing or effecting the purchase and 

sale of securities, while not registered with the Commission in accordance with the provisions of 

Section 15(b) of the Exchange Act, or while not associated with a broker-dealer that was so registered.

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IT IS FURTHER ORDERED, ADJUDGED, AND DECREED 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 Final Judgment by personal service or otherwise: (a) Defendant’s 

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

participation with Defendant or with anyone described in (a).

II. CIVIL PENALTY

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant shall pay 

a civil penalty in the amount of $50,000.00 to the Securities and Exchange Commission pursuant 

to Section 21(d)(3) of the Exchange Act [15 U.S.C. § 78u(d)(3)]. Defendant shall make this 

payment within 30 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; Neil B. Swartz 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, 

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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 penalties by the use of all 

collection procedures authorized by law, including the Federal Debt Collection Procedures Act, 

28 U.S.C. § 3001 et seq., and moving for civil contempt for the violation of any Court orders issued 

in this action. Defendant shall pay post judgment interest on any amounts due after 30 days of 

the entry of this Final Judgment pursuant to 28 U.S.C. § 1961. 

III. PENNY STOCK BAR

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is barred 

for a period of five years from participating in an offering of penny stock, including engaging in 

activities with a broker, dealer, or issuer for purposes of issuing, trading, or inducing or attempting 

to induce the purchase or sale of any penny stock. A penny stock is any equity security that has a 

price of less than five dollars, except as provided in Rule 3a51-1 under the Exchange Act [17 

C.F.R. 240.3a51-1].

IV. INCORPORATION OF CONSENT

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is 

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

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

V. BANKRUPTCY NONDISCHARGEABILITY

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 

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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 

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).

VI. RETENTION OF JURISDICTION

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.

VII. 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 Final Judgment forthwith and without further notice.

DONE and ORDERED in Chambers in Fort Lauderdale, Florida, this ____ day of 

September, 2022. 

____________________________________

RAAG SINGHAL

UNITED STATES DISTRICT JUDGE

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