Source: http://ca.findacase.com/research/wfrmDocViewer.aspx/xq/fac.20100421_0001849.CCA.htm/qx
Timestamp: 2016-12-09 17:29:42
Document Index: 723515662

Matched Legal Cases: ['§ 78', '§ 240', '§ 77', '§ 78', '§ 240', '§ 1961', '§ 1961', '§ 1961', '§ 1961']

| Securities and Exchange Commission v. Ainsworth
Securities and Exchange Commission v. Ainsworth
UNITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA EASTERN DIVISION
SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF,v.KEDERIO AINSWORTH, GUILLERMO HARO, JESUS GUTIERREZ, GABRIEL PAREDES AND ANGEL ROMO, DEFENDANTS.
FINAL JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF AGAINST GABRIEL PAREDES
The Securities and Exchange Commission (the "Commission") filed a Complaint (Docket #1) against Gabriel Paredes ("Paredes" or the "Defendant") and others on October 3, 2008. Paredes, through counsel, filed an Answer to the Complaint on December 2, 2008 (Docket #16). On or about April 21, 2009, the parties participated in an early settlement conference with Attorney Settlement Officer Robert H. Logan in Riverside, California (Docket #s 26 and 29). Pursuant to the Court's Civil Trial Scheduling Order (Docket # 36), the parties participated in a second settlement conference with Attorney Settlement Officer Robert H. Logan (Docket # 41). Paredes consented to entry of this Final Judgment on February 1, 2010, without admitting or denying the allegations of the Complaint (except as to personal and subject matter jurisdiction, which Paredes admits). Based on the foregoing, the Court orders as follows:
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant and Defendant's agents, servants, employees, attorneys, and all persons in active concert or participation with them who receive actual notice of this Final Judgment by personal service or otherwise are permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the Securities Exchange Act of 1934 (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:
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant and Defendant's agents, servants, employees, attorneys, and all persons in active concert or participation with them who receive actual notice of this Final Judgment by personal service or otherwise are 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 instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly:
IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Defendant, and Defendant's agents, servants, employees, attorneys and all persons in active concert or participation with them who receive actual notice of this Final Judgment by personal service or otherwise are permanently restrained and enjoined from violating Section 17(a) of the Exchange Act [15 U.S.C. § 78q] and Rules 17a-3(a)(6) and 17a-3(a)(17) [17 C.F.R. §§ 240.17a-3(a)(6) and 17a-3(a)(17)] promulgated thereunder by aiding or abetting in the failure to create and/or maintain accurate customer account records and/or order tickets.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is liable for disgorgement of $5,014 and a civil penalty in the amount of $5,014 pursuant to Section 20(d) of the Securities Act and Section 21(d) of the Exchange Act, for a total of $10,028. Defendant shall satisfy this obligation pursuant to the terms of the payment schedule in paragraph V, below, after entry of this Final Judgment by certified check, bank cashier's check, or United States postal money order payable to the Securities and Exchange Commission. The payment shall be delivered or mailed to the Office of Financial Management, Securities and Exchange Commission, Operations Center, 6432 General Green Way, Mail Stop 0-3, Alexandria, Virginia 22312, and shall be accompanied by a letter identifying Gabriel Paredes as a defendant in this action; setting forth the title and civil action number of this action and the name of this Court; and specifying that payment is made pursuant to this Final Judgment. Defendant shall pay post-judgment interest on any delinquent amounts pursuant to 28 U.S.C. § 1961. The Commission shall remit the funds paid pursuant to this paragraph to the Unites States Treasury.
Gabriel Paredes shall pay $10,028 in six (6) monthly installments according to the following schedule, (1) $500.00 to be paid within 30 days of the entry of this Final Judgment*fn1; (2) $500.00 to be paid within 60 days from the entry of this Final Judgment; (3) $500.00 to be paid within 90 days from the entry of this Final Judgment; (4) $2,842.66 to be paid within 120 days from the entry of this Final Judgment plus post-judgment interest pursuant to 28 U.S.C. § 1961; (5) $2,842.67 to be paid within 150 days of this Final Judgment plus post-judgment interest pursuant to 28 U.S.C. § 1961; and, (6)$2,842.67 to be paid within 180 days of this Final Judgment plus post-judgment interest pursuant to 28 U.S.C. § 1961.
If Gabriel Paredes fails to make any payment by the date agreed and/or in the amount agreed according to the schedule set forth, above, all outstanding payments under this Final Judgment, including post-judgment interest, minus any payments made, shall become due and payable immediately without further application to this Court.
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 the undertakings and agreements set forth therein.