Securities and Exchange Commission v. Choice Advisors, LLC

Good Law
United States District Court, Southern District of CaliforniaOctober 7, 20243:21-cv-01669California4,965 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No.: 21-CV-1669-JO-MSB

COMMISSION,

AMENDED ORDER GRANTING IN

Plaintiff, PART AND DENYING IN PART v. PLAINTIFF’S MOTION FOR

ENTRY OF FINAL JUDGMENT

CHOICE ADVISORS, LLC, and INCLUDING CERTAIN REMEDIES

MATTHIAS O’MEARA,

16 Defendants. 17 18 Plaintiff Securities and Exchange Commission (“SEC”) brought a civil law enforcement action against municipal advisors, Defendants Choice Advisors, LLC (“Choice”) and Matthias O’Meara, alleging they violated securities laws and breached their fiduciary duties in providing services to their charter school clients. Dkt. 1 (“Compl.”). After the Court granted partial summary judgment in favor of the SEC, the SEC moved for final entry of judgment seeking injunctive relief, disgorgement, and penalties against Defendants. Dkt. 90. For the reasons set forth below, the Court issues a final judgement against…

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