UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF FLORIDA

CASE NO. 22-23100-CIV-ALTONAGA

SECURITIES AND EXCHANGE COMMISSION, 

 

 Plaintiff, 

v. 

JUDITH PARIS PINDER, 

 

 Defendant. 

___________________________________________/ 

JUDGMENT AS TO DEFENDANT JUDITH PARIS-PINDER

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

Commission’s (“SEC[’s]”) Unopposed Motion for Entry of Judgment Against Defendant Judith 

Paris-Pinder [ECF No. 3], filed September 26, 2022. The SEC having filed a Complaint [ECF No. 

1] and Defendant Judith Paris-Pinder having entered a general appearance; consented to the 

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

Judgment; waived findings of fact and conclusions of law; and waived any right to appeal from 

this Judgment, it is ORDERED AND ADJUDGED as follows: 

I.

PERMANENT INJUNCTIVE RELIEF

A.

Section 5 of the Securities Act of 1933 (“Securities Act”) 

Defendant is permanently restrained and enjoined from violating Section 5 of the Securities 

Act, 15 U.S.C. § 77e, by, directly or indirectly, in the absence of any applicable exemption: 

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 1 of 7
CASE NO. 22-23100-CIV-ALTONAGA

2

(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 examination 

under Section 8 of the Securities Act, 15 U.S.C. § 77h.

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) 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).

B.

Section 17(a) of the Securities Act 

Defendant is permanently restrained and enjoined from violating Section 17(a) of the 

Securities Act, 15 U.S.C. § 77q(a), in the offer or sale of any security by the use of any means or 

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 2 of 7
CASE NO. 22-23100-CIV-ALTONAGA

3

instruments of transportation or communication in interstate commerce or by use of the mails, 

directly or indirectly:

(a) to employ any device, scheme, or artifice to defraud;

(b) to obtain money or property by means of any untrue statement of a material fact 

or any omission of a material fact necessary in order to make the statements 

made, in light of the circumstances under which they were made, not misleading; 

or

(c) to engage in any transaction, practice, or course of business which operates or 

would operate as a fraud or deceit upon the purchaser,

by, directly or indirectly, (i) creating a false appearance or otherwise deceiving any person, or (ii) 

disseminating false or misleading documents, materials, or information or making, either orally or 

in writing, any false or misleading statement in any communication with any investor or 

prospective investor, about:

(a) any investment in or offering of securities;

(b) the prospects for success of any business, product, or company;

(c) any returns on investment; 

(d) the use of investor funds or investment proceeds; or

(e) the misappropriation or misuse of investor funds or investment proceeds.

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) 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).

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 3 of 7
CASE NO. 22-23100-CIV-ALTONAGA

4

C.

Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”)

and Rule 10b-5 thereunder

Defendant 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:

(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,

by, directly or indirectly, (i) creating a false appearance or otherwise deceiving any person, or (ii) 

disseminating false or misleading documents, materials, or information or making, either orally or 

in writing, any false or misleading statement in any communication with any investor or 

prospective investor, about:

(a) any investment in or offering of securities;

(b) the prospects for success of any business, product, or company;

(c) any returns on investment; 

(d) the use of investor funds or investment proceeds; or

(e) the misappropriation or misuse of investor funds or investment proceeds.

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 4 of 7
CASE NO. 22-23100-CIV-ALTONAGA

5 

 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) 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. 

OFFICER AND DIRECTOR BAR

 Pursuant to Section 21(d)(2) of the Exchange Act, 15 U.S.C. § 78u(d)(2), and Section 20(e) 

of the Securities Act, 15 U.S.C. § 77t(e), Defendant is permanently prohibited from acting as an 

officer or director of any issuer that has a class of securities registered pursuant to Section 12 of 

the Exchange Act, 15 U.S.C. § 78l, or that is required to file reports pursuant to Section 15(d) of 

the Exchange Act, 15 U.S.C. § 78o(d). 

III.

DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL PENALTY

Upon motion of the SEC, the Court shall determine whether Defendant is required to pay

disgorgement of ill-gotten gains, prejudgment interest thereon and a civil penalty and, if so, the 

amounts of disgorgement and civil penalty. If disgorgement is ordered, Defendant shall pay

prejudgment interest thereon, calculated from November 1, 2019, based on the rate of interest used 

by the Internal Revenue Service for the underpayment of federal income tax as set forth in 26 

U.S.C. § 6621(a)(2). In connection with the SEC’s motion for disgorgement, and/or civil 

penalties, and at any hearing held on such a motion: (a) Defendant will be precluded from arguing 

that she did not violate the federal securities laws as alleged in the Complaint; (b) Defendant may 

not challenge the validity of the Consent or this Judgment; (c) solely for the purposes of such 

motion, the allegations of the Complaint shall be accepted as and deemed true by the Court; and 

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 5 of 7
CASE NO. 22-23100-CIV-ALTONAGA

6 

(d) the Court may determine the issues raised in the motion on the basis of affidavits, declarations, 

excerpts of sworn deposition or investigative testimony, and documentary evidence, without 

regard to the standards for summary judgment contained in Rule 56(c) of the Federal Rules of 

Civil Procedure. In connection with the SEC’s motion for disgorgement and/or civil penalties, the 

parties may take discovery, including discovery from appropriate non-parties.

IV. 

BANKRUPTCY NONDISCHARGEABILITY

For purposes of exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 

11 U.S.C. §523, the allegations of 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 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). 

V.

INCORPORATION OF CONSENT

 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.

VI. 

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 6 of 7
CASE NO. 22-23100-CIV-ALTONAGA

7 

RETENTION OF JURISDICTION

The Court retains jurisdiction of this matter for the purposes of enforcing the terms of this 

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 Judgment forthwith and without further notice. 

DONEAND ORDERED in Miami, Florida, this 27th day of September, 2022.

 ________________________________________ 

 CECILIA M. ALTONAGA

CHIEF UNITED STATES DISTRICT JUDGE

cc: counsel of record 

Case 1:22-cv-23100-CMA Document 4 Entered on FLSD Docket 09/27/2022 Page 7 of 7