Giguiere
Securities and Exchange Commission v. Giguiere
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 8 SECURITIES AND EXCHANGE Case No.: 18-cv-1530-WQH-JLB
COMMISSION,
ORDER
Plaintiff, 11 v.
GANNON GIGUIERE; OLIVER-
BARRET LINDSAY; ANDREW
HACKETT, KEVIN GILLESPIE; and ANNETTA BUDHU, 15 Defendants. 16 HAYES, Judge: The matters before the Court are the crossclaims asserted by Defendant Andrew Hackett (“Hackett”) against Defendants Kevin Gillespie and Annetta Budhu (ECF No. 144) and the “Defendant’s Showing of Cause for Failure to Prosecute and Motion for Entry of Default Judgment Against Defendants Gillespie and Budhu” (the “Motion Showing Cause and Requesting Default Judgment”) (ECF No. 248) filed by Hackett. I. PROCEDURAL BACKGROUND On July 6, 2018, the Securities and Exchange Commission (“SEC”) filed a Complaint against Defendants Gannon Giguiere, Oliver-Barret Lindsay, Andrew Hackett, 26 27 28 Kevin Gillespie (“Gillespie”), and Annetta Budhu (“Budhu”) (collectively, “Defendants”) alleging federal securities laws violations. (ECF No. 1.)1 As relevant here,…