EXHIBIT 2

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 1 of 9 * PUBLIC * 

STEWARDS RULING 

This form is to be used in cases involving violations of the following rules: 

Rules 2271(b) and 2272 (shockwave therapy), 2273 (electrical device), and 2280 (riding crop) 

ISSUED TO: 

Name: Oscar Ceballos HISA ID: P-000-017-429 

FORMS 

The stewards may opt to either: 

Use any applicable state "stewards ruling" form; attach this form to the state form with 

only the name and HISA ID filled in above; and issue both forms to the person charged with a 

violation; or 

Complete this HISA Stewards Ruling form in full, and issue this form to the person charged 

with a violation 

VIOLATION INFORMATION 

HISA Rule Number Violated and Description of Violation: 

2280 Use of Riding Crop/2282 Riding Crop Violation and Penalties - Class 2 Violation 

Violation Date: 9/24/2022 Violation Location: ALB Race (if applicable): 6th 

Statement of Factual Basis for Ruling: 

5 Strikes over the limit 

RULING 

Fine $2,160.00 (20% purse}- and 3-Day Suspension (Taking October 4th, 5th and 8th, 2022} - 5 

Points 

APPEAL INFORMATION 

Any Stewards ruling finding a violation may be appealed to the HISA Board pursuant to Rules 

8320(a) and/or 8350 by filing a written request for appeal with the Board within 10 days of 

the issuance of the Stewards ruling. Rule 8350 specifies the requirements that must be 

included in the written request for appeal. An appeal to the Board will not automatically stay 

the Stewards Ruling. A stay must be requested and the Board shall order a stay for good 

cause shown. 

/ / .--, B~~;;;= ,/,/- ~ ~: '-7~-22 

/ / V / 
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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 2 of 9 * PUBLIC * 

NEW MEXICO STATE RACING COMMISSION 

JOCKEY'S INFRACTION FORM 

JOCKEY NAME:d?, ~ NUMBER OF RACE: ___ 4?_, ___ _ 

DATE OF RACE: C/ -:2_ 1- 2 z_., TRACK: __ cae-_, _ --____ _ 

YOU ARE TO REPORT TO THE STEWARDS ON -~ 

FOR THE FOLLOWING INFRACTION: 

AT I tJ AM/PM 

0 RIDING INFRACTION 

0 FAILURE TO MAKE ASSIGNED WEIGHT 

0 FAILURE TO REPORT WITH THE CORRECT WEIGHT 

0 LATE TO PADDOCK 

NO SHOW 

0 LATE TO REPORT TO CLERK 

~OFWHIP 

CONDUCT 

OTHER: ---------------------------

You may have a representative accompany you. In addition, if you are unable to be present, a 

representative may attend in your place. 

I will be unable to attend and wish to be represented by: ------------- Name of Representative (Print) 

Signature of Representative 

BY SIGNING BELOW, YOU ACKNOWLEDGE THAT YOU HAVE RECEIVED, 

UNDERSTAND, AND ACCEPT THIS FORM. SIGNING THIS FORM IS ALSO NOT AN 

ADMISSION OF GUILT, JUST RECOGNITION OF RECEIPT. 

~~' Date 

~- fAI,C.,---Y\t" "· 

Date 

10/31/18 V.1.1 RMS 
EXHIBIT 3

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 3 of 9 * PUBLIC * 

Licensee: 

Ruling#: 

Track 

New Mexico Racing Commission 

4900 Alameda NE 

Albuquerque, NM 87113 

2022-DAA-52 

Downs at Albuquerque 

Ruling Date: 9/25/2022 

PEACOCK JR., JOSEPI-I R 

License Type: 2022 1 Year Owner Applicant Id: 

Ruling# 

Action Type: 

Ruling: 

2022-DAA-52 

Initial Ruling 

License Number: 

161821 

303768 

Covered Owner, Peacock Family Holdings, LP. (Joseph Peacock Jr. HISA ID# P 000-001-867), 

owner of the horse "Sheriff Brown", was properly noticed, and appeared telephonically before the 

Downs at Albuquerque Board of Steward's on September 25, 2022, in regards to a violation of HISA 

rule 2282 (a) (2) by jockey, Oscar Ceballos while aboard "Sheriff Brown" in the 6th race at the 

Downs at Albuquerque on September 24, 2022. 

1. For this violation, the horse "Sheriff Brown" is hereby disqualified from 1st place and ordered 

unplaced from the 6th race on September 24th, 2022, at The Downs at Albuquerque Racetrack for 

all but parimutuel wagering purposes. 

The purse redistribution for the 6th race on September 24, 2022, is as follows: 

5 MINE THAT STAR 

7 FLEETRIDGE 

1 GODDARD 

lOTARTINI 

6 ZESTFUL 

9 ASTRONOMICAL 

4 RAISEBEFORETHEFLOP 

11 SLY 

2 OFFSHORE AFFAIR 

UNPLACED: "8 SHERIFF BROWN" 

Licensee is found to be in violation of: 

2282. Riding Crop Violations and Penalties 

This ruling is written in accordance with HISA Rules and Regulations: 

(a) Violations of Rule 2280 shall be categorized as follows, with the exception that use of the crop for 

the 

safety of Horse and rider shall not count toward the total crop uses: 

(1) Class 3 Violation-1 to 3 strikes over the limit. 

(2) Class 2 Violation-4 to 9 strikes over the limit. 

(3) Class 1 Violation-10 or more strikes over the limit. 

(b) Unless the stewards determine the merits of an individual case warrant consideration of an 

aggravating or mitigating factor, the penalties for violations are as follows: 

( 1) Class 3 Violation-

(i) $250 or 10% of Jockey's portion of the purse, whichever is greater; 

(ii) Minimum 1-day suspension for the Jockey; and 

(iii) 3 points; 
PUBLIC

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 4 of 9 * PUBLIC * 

New Mexico Racing Commission 

4900 Alameda NE 

Albuquerque, NM 87113 

Ruling#: 2022-DAA-52 

Track Downs at Albuquerque 

Ruling Date: 9/25/2022 

Licensee: PEACOCK JR., JOSEPH R 

License Type: 2022 1 Year Owner Applicant Id: 

License Number: 

(2) Class 2 Violation-

(i) $500 or 20% of Jockey's portion of the purse, whichever is greater; 

(ii) Horse disqualified from purse earnings, 

(iii) Minimum 3-day suspension for the Jockey; and 

(iv) 5 points; 

(3) Class 1 Violation-

(i) $750 fine or 30% of Jockey's portion of the purse, whichever is greater, 

(ii) Horse disqualified from purse earnings, 

(iii) Minimum 5-day suspension for the Jockey; 

(iv) 10 points. 

161821 

303768 

Any Stewards ruling finding a violation may be appealed to the HISA Board pursuant to Rules 8320(a) 

and/or 8350 by filing a written request for appeal with the Board within 10 days of the issuance of the 

Stewards ruling. Rule 8350 specifies the requirements that must be included in the written request for 

appeal. An appeal to the Board will not automatically stay the Stewards ruling. A stay must be 

requested, and the Board shall order a stay for good cause shown. 

By Order of The Downs at Albuquerque Stewards 
Page 1 of 4

HORSERACING INTEGRITY AND SAFETY AUTHORITY

ACTION NO. 2022-00431 

IN RE: APPEAL OF JOSEPH PEACOCK 

AND OSCAR CEBALLOS APPELLANTS 

DECISION ON APPEAL

This matter arises under the jurisdiction of the Horseracing Integrity and Safety Authority 

(the “Authority”) established pursuant to the Horseracing Integrity and Safety Act (the “Act) at 15 

U.S.C. § 3051, et seq. 

On September 25, 2022, a stewards ruling was issued by Stewards at Albuquerque Downs

to Joseph Peacock, Jr. (“Appellant Peacock”), as owner of a Covered Horse registered as 

SHERIFF BROWN and to Oscar Ceballos (“Appellant Ceballos”), as jockey of SHERIFF 

BROWN. The ruling stated that Appellant Ceballos violated HISA Rule 2280, Use of Riding 

Crop, by striking SHERIFF BROWN eleven times during the running of the sixth race at 

Albuquerque Downs on September 24, 2022. As a result of Appellant Ceballos’ violation of Rule 

2280, the Stewards imposed a fine of $500.00, a three-day suspension from participating in a 

Covered Horserace, five HISA points, and disqualification of SHERIFF BROWN from any 

eligible purse earnings. 

Pursuant to Rule 8350, Appellants Ceballos and Peacock appealed the decision to the 

Board of the Authority (the “Board”) for review. The standard of review for appeals to the Board 

is set forth in Rule 8350(f): “Upon review of the decision which is the subject of the appeal, the 

Board shall uphold the decision unless it is clearly erroneous or not supported by the evidence or 

applicable law.”

EXHIBIT 4

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 5 of 9 * PUBLIC * 
Page 2 of 4

Notice of the appeal hearing was served electronically on both Appellants on March 6, 

2023. In accordance with the notice, the Board convened remotely via Zoom on Monday, March 

27, 2023, at approximately 10:30 a.m. EDT. Attorneys Bryan H. Beauman and Rebecca C. Price 

appeared as counsel for the Authority. Attorney Joel Turner appeared as counsel for the 

Appellants. Appellant Ceballos and Appellant Peacock appeared for the hearing and were 

accompanied by the trainer of SHERIFF BROWN, Todd Fincher. All parties were provided the 

opportunity to present testimony, evidence, and argument to the Board, and did so. The Board 

notes that both parties received excellent legal representation. 

After hearing the evidence, the Board retired to deliberate, and then rendered its decision 

on the record. This was a factually difficult and well-argued case. The Board did not reach a view 

on how it would have decided the matter in a de novo setting. The standard of review, however, 

is whether the stewards ruling in this case is clearly erroneous or is not supported by the evidence 

and applicable law. The Board finds there was no clear error, and that the stewards’ ruling was 

supported by evidence and applicable law, and therefore AFFIRMS the stewards ruling and the 

attendant sanctions imposed upon Appellants, including disqualification of SHERIFF BROWN

from any eligible purse earnings in connection with the sixth race on September 24, 2022, at 

Albuquerque Downs. Appellant Ceballos shall have thirty (30) days from the date of the order to 

pay any fine and will serve dates of suspension to be set by the stewards at Albuquerque Downs. 

This decision is the final decision of the Authority pursuant to 15 U.S.C. § 3058. 

APPEAL RIGHTS

 Pursuant to 15 U.S.C. § 3058(b), the Appellants may appeal the civil sanction imposed by 

this decision to the Federal Trade Commission within 30 days of the Authority’s submission to the 

Federal Trade Commission of notice of the civil sanction. The Authority will provide notice of 

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 6 of 9 * PUBLIC * 
Page 3 of 4

this decision to the Federal Trade Commission on the date that this decision is issued to the 

Appellants. 

So ORDERED this 17th day of May, 2023. 

______________________________ 

Charles P. Scheeler 

Chair, Board of Directors 

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 7 of 9 * PUBLIC * 
Page 4 of 4

CERTIFICATE OF ISSUANCE 

Undersigned counsel certifies that on May 17, 2023, this Decision on Appeal was issued 

via first class mail and email to: 

Joel Turner 

jturner@fbtlaw.com

400 West Market Street, Suite 3200 

Louisville, Kentucky 40202 

Bryan Beauman

bbeauman@sturgillturner.com

333 West Vine Street, Suite 1500 

Lexington, Kentucky 40507 

/s/ John Forgy 

John Forgy 

Counsel to HISA 

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FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 8 of 9 * PUBLIC * 
EXHIBIT 10

PUBLIC

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 07/11/2023 OSCAR NO. 608173 -PAGE Page 9 of 9 * PUBLIC * 

Summary of Race 6 at Albuquerque Downs 09/24/2022 based on both "Head On" 

and "Pan" Video replay analysis per JRP, JR. The ALB Stewards must count every time 

Oscar Ceballos moves his arm as a strike to.the horse, however video does not 

confirm each strike. Sheriff Brown is #8, Pink Saddle Cloth. 

Reply Time 

1:34 /-:48 

1:35 /-:47 

1:40 /-:42 

1:42 /-:40 

1:43 / -:39 

1:45 /-:37 

1:46 / -:36 

1:49 /-:33 

1:50 / -:32 

1:51 /-:31 

Stewards Strike# 

1 

2 

3 

4 

5 

6 

7 

8 

9& 10 

11 

JRP Strike# 

lH 

2S 

35 

4S 

5&655 

7S 

Description 

RH Strike to Hip 

RH Flag Shoulder, Vertical Arm Motion 

Suggests No Strike 

Shows Crop LH, Waves Down & Back 

Arm Angle Suggests No Strike 

Shows Crop LH, Waves Down & Back 

Arm Angle Suggests No Strike 

l LH Strike to Shoulder to Stop Horse 

f Lugging-,~- ......... -- : -: .•• _ --~~--~.~~••---- ______ -_ : --.. _ __ --..... --__ -__ ... ______ -__ -··:::.::::::::~::::~~~~~-:•~~•------------

LH Waves Crop, Arm Angle Suggests 

No Strike 

rLH-·si'~i'i<e.to·s·ho~i'd~~, .. STOP ijj'G'GiNG,SeePAN ______ .,,,., ........ l 1,_,_,,,,,,,-,M_,_,_,,,_,,,._,,,.,,. _________ ,,.,_, ,.,,J 

····-·"'-·-·--... ---···--·· -~-•----~----• _,_., ...... _ .............. ,_._,.,.,. .. --- -

l_?. __ ~ LH Strik_~ .. !~-~~e>_lJ_l~~-~'--~!.~P LUGGIN_~_~e~-~~-~---

jiH Strike to Shoulder,_ STOP_ LUGGING See PAN ___________ ~ --·- . ··: