Opinion
12 Civ. 6421 (KMK)
09-15-2022
SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. EDWARD BRONSON, E-LIONHEART ASSOCIATES, LLC, d/b/a FAIRHILLS CAPITAL Defendants and FAIRHILLS CAPITAL, INC. Relief Defendant.
Maureen Peyton King Senior Trial Counsel Securities and Exchange Commission New York Regional Office.
APPLICATION FOR POST-JUDGMENT WRIT OF GARNISHMENT
Maureen Peyton King Senior Trial Counsel Securities and Exchange Commission New York Regional Office.
Pursuant to Rule 69 of the Federal Rules of Civil Procedure and New York law, including NY CPLR §§ 5201, et seq., the Securities and Exchange Commission ("SEC") hereby requests the issuance of a writ of garnishment to collect disgorgement, prejudgment interest and post-judgment interest thereon owed to the SEC by the Defendant in connection with the Judgment issued in the above captioned matter and directed to: V2IP, Inc.
Based on information and belief, the SEC believes that the Garnishee has possession, custody or control of property in which Defendant Edward Bronson has a non-exempt interest.
In support of its application, the SEC would show the Court as follows:
Defendant's Name: Edward Bronson
Defendant's SSN: XXXX-XX-2117
Defendant's Last
Known Address: Westchester, NY.
Date of Judgment: August 28, 2017
Nature of Judgment: Final Judgment
Judgment Amounts:
Disgorgement (joint and several): $10,000,271.79
Prejudgment interest: $2,328,131.96
Penalty: $150,000
Joint and Several Disgorgement and
Interest outstanding as of September 2, 2022: $9,964,670.09
Interest rate as of September 6, 2022: 1.23%.
The penalty has been satisfied.
POST-JUDGMENT WRIT OF GARNISHMENT
TO: Garnishee, V2IP, Inc. 1275 Fairhills Drive Ossining, NY 10562
REQUESTED BY: Securities and Exchange Commission Maureen Peyton King Securities and Exchange Commission New York Regional Office 100 Pearl Street, Suite 20-100 New York, New York 10004
ISSUED PURSUANT TO: Rule 69 of the Federal Rules of Civil Procedure and applicable state law, NY CPLR 5201, et seq.
The Court having reviewed the Plaintiffs Application for Post-Judgment Writ of Garnishment, hereby issues this Post-Judgment Writ of Garnishment. The Securities and Exchange Commission ("SEC") has information indicating that Garnishee may have possession, custody or control of property in which Defendant has a nonexempt interest.
Pending further order of this Court, Garnishee is hereby directed to withhold and retain any property in its possession, custody or control in which Defendant has an interest at the time this Writ is served or in which the Defendant may obtain an interest in the future, including Defendant's non-exempt disposable earnings. If Garnishee fails to withhold property in accordance with this Writ, Garnishee may be held in contempt by the Court or subject to other sanctions. This Writ of Garnishment is a continuing writ. Instructions are attached to and should be considered part of this writ.
To assist the Garnishee with its obligations under this Writ, the following information is provided:
Defendant's Name: Edward Bronson
Defendant's SSN: XXXX-XX-2117
Defendant's Last
Known Address: Westchester, NY.
Date of Judgment: August 28, 2017
Nature of Judgment: Final Judgment
Judgment Amounts:
Disgorgement (joint and several): $10,000,271.79
Prejudgment interest: $2,328,131.96
Penalty: $150,000
Joint and Several Disgorgement and
Interest outstanding as of September 2, 2022: $9,964,670.09
Interest rate: 1.23% as of September 6, 2022.
The penalty has been satisfied.
IT IS SO ORDERED.