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Securities and Exchange Commission v. Brown

United States District Court, S.D. New York
Jun 2, 2021
1:21-cv-04791-JGK (S.D.N.Y. Jun. 2, 2021)

Opinion

1:21-cv-04791-JGK

06-02-2021

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. TREVON BROWN, ET AL., Defendants.


ORDER

JOHN G. KOELTL, DISTRICT JUDGE

The Securities and Exchange Commission ("SEC") has submitted executed consents and proposed judgments for defendants Joshua Jeppesen, Ryan Maasen, Laura Mascola, and Michael Nobel. The submitted consents each state that the individual defendants have consented to the entry of the "Judgment in the form attached hereto," however no judgments were attached to the consents and the proposed judgments were filed separately on ECF. ECF Nos. 10, 12, 13, 14, 15.

The SEC is instructed to refile the consents with the respective proposed judgments attached.

Further, the SEC has requested permission to file the consent and proposed judgment for defendant Jeppesen under seal, because both the consent and proposed judgment identify a public blockchain address with significant assets. The Court authorizes the filing of an unredacted copy of the Jeppesen consent and proposed judgment under seal, with access restricted to the selected party viewing level, to be accompanied with a redacted copy of the consent and proposed judgment on the public docket. The Clerk is directed to restrict access to ECF Nos. 10 and 12 to the selected party viewing level.

Finally, the SEC should also explain why each of the proposed judgments, including the penalty and disgorgement amounts provided therein, are '' fair and reasonable" and that the "public interest would not be disserved" by the included injunctive relief. SEC v. Citigroup Glob. Markets, Inc., 752 F.3d 285, 294 (2d Cir. 2014).

SO ORDERED.


Summaries of

Securities and Exchange Commission v. Brown

United States District Court, S.D. New York
Jun 2, 2021
1:21-cv-04791-JGK (S.D.N.Y. Jun. 2, 2021)
Case details for

Securities and Exchange Commission v. Brown

Case Details

Full title:SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. TREVON BROWN, ET AL.…

Court:United States District Court, S.D. New York

Date published: Jun 2, 2021

Citations

1:21-cv-04791-JGK (S.D.N.Y. Jun. 2, 2021)