Opinion
19 Civ. 11731 (VM)
06-09-2022
ORDER
VICTOR MARRERO, United States District Judge.
Plaintiff Securities and Exchange Commission (“SEC”) submitted a letter (Dkt. No. 22) requesting the Court lift the stay in this matter, since the defendants Benjamin Mekawy and Alan Seidel (“Defendants”) have been sentenced in the related criminal matters. See United States v. Mekawy, No. 20 CR 406 (S.D.N.Y. Dec. 23, 2019), Dkt. No. 31; United States v. Seidel, No. 20 CR 205 (S.D.N.Y. Dec. 23, 2019), Dkt. No. 24. Additionally, the SEC states that it does not intend to file a motion pursuing civil penalties against the Defendants, and there are therefore no issues for the Court to resolve. For the above reasons, the stay in this case is lifted.
SO ORDERED.