Securities and Exchange Commission v. Zhuobin Hong

Good Law
United States District Court, Central District of CaliforniaOctober 21, 20212:20-cv-04080California681 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No. 2:20-cv-04080-MCS-RAO COMMISSION,

ORDER ACCEPTING REPORT AND

12 Plaintiff, RECOMMENDATION OF UNITED STATES MAGISTRATE JUDGE v.

ZHUOBIN HONG et al.,

16 Defendants. 17 18 Plaintiff Securities and Exchange Commission moves for terminating sanctions against Defendants Zhuobin Hong and Caixia Jiang for Defendants’ failure to appear for deposition. (Mot., ECF No. 91.) Defendants oppose the motion. (Opp’n, ECF No. 94.) United States Magistrate Judge Rozella A. Oliver issued a report and recommendation that the motion be denied and that lesser sanctions be imposed. (R&R, ECF No. 120.) Plaintiff submitted objections to the R&R, and Defendants filed a response to the objections. (Pl.’s Objs., ECF No. 127; Defs.’ Resp., ECF No. 128.)1

27 1 Defendants’ response to Plaintiff’s objections asks the Court to reject the Magistrate Judge’s recommendation of an adverse inference instruction. (Defs.’ Resp. 11–12.) This …

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