Lauer
U.S. Securities and Exchange Commission v. Lauer
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA 10 U.S. SECURITIES AND EXCHANGE No. 2:22-cv-01726-DAD-DB
COMMISSION,
12 Plaintiff, ORDER GRANTING THE UNITED STATES’ v. MOTION TO INTERVENE AND STAY 14 ARI J. LAUER, (Doc. No. 18) 15 Defendant.
17 This matter is before the court on the United States’ motion to intervene in this civil action under Federal Rule of Civil Procedure 24 and to stay this action filed on October 11, 2023. (Doc. No. 18.) For the reasons discussed below, the court will grant the government’s motion. BACKGROUND This securities enforcement action arises from an alleged Ponzi scheme involving fraudulent securities offerings by privately held alternative energy companies operated by non- parties Jeffrey and Paullete Carpoff, collectively referred to as “DC Solar.” (Doc. No. 1 at ¶ 4.) Defendant Ari. J. Lauer is alleged to have played an important role in that scheme from its inception. (Id.) As alleged in the complaint,…