Securities and Exchange Commission v. Brian Lam
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION 11 SECURITIES AND EXCHANGE Case No. 2:22-cv-06831-WLH-E COMMISSION,
FINAL JUDGMENT AS TO
Plaintiff, DEFENDANT BRIAN LAM
14 v.
BRIAN LAM; NINESQUARE
CAPITAL PARTNERS LLC; NATHAN NHAN NGUYEN; and NGUYEN GROUP LLC, 18 Defendants, 19 and 20 YI PING LU; and THY STACY NGUYEN
22 Relief Defendants.
24 25 26 27 WHEREAS, on March 21, 2023 the Court entered a bifurcated consent judgment against Defendant Brian Lam (“Defendant”) (Dkt No. 32), ordering, among other relief which is replicated below, that upon motion of the Securities and Exchange Commission (“Commission”) Defendant shall pay disgorgement of ill- gotten gains and prejudgment interest thereon, and a civil penalty pursuant to Section 20(d) of the Securities Act of 1933 (the “Securities Act”) [15 U.S.C. § 77t(d)] and Section 21(d)(3) of the Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78u(d)(3)], and the Court having now considered the SEC’s Partially 9…