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Securities Exchange Commission v. Dauplaise

United States District Court, M.D. Florida, Orlando Division
Feb 28, 2006
Case No. 6:05-cv-1391-Orl-31KRS (M.D. Fla. Feb. 28, 2006)

Opinion

Case No. 6:05-cv-1391-Orl-31KRS.

February 28, 2006


ORDER


The Plaintiff has filed an unopposed Motion for Judgment under Rule 54(b) as to Defendant, Armand Dauplaise (Doc. 39). The attached proposed final judgment (Doc. 39-3) includes various injunctive relief; however, no civil penalty is imposed. Instead, pursuant to Paragraph IX of the proposed judgment, this is contingent upon the accuracy and completeness of Dauplaise's statement of financial condition. Thus, the Court is asked to retain jurisdiction to impose a civil penalty in the future, in an amount to be determined.

The Court rejects Paragraph IX, and declines to enter such a contingent judgment. If the parties wish to resolve this matter by settlement, they must do so completely and bring finality to the process. The Court will reserve jurisdiction to enforce injunctive relief, but will not enforce a contingent future monetary claim. Accordingly, it is

ORDERED that the Motion is DENIED.

DONE and ORDERED.


Summaries of

Securities Exchange Commission v. Dauplaise

United States District Court, M.D. Florida, Orlando Division
Feb 28, 2006
Case No. 6:05-cv-1391-Orl-31KRS (M.D. Fla. Feb. 28, 2006)
Case details for

Securities Exchange Commission v. Dauplaise

Case Details

Full title:SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. ARMAND DAUPLAISE BERNARD…

Court:United States District Court, M.D. Florida, Orlando Division

Date published: Feb 28, 2006

Citations

Case No. 6:05-cv-1391-Orl-31KRS (M.D. Fla. Feb. 28, 2006)