Securities And Exchange Commission -v- ZNext Mining Corporation, Inc.

Good Law
United States District Court, Northern District of CaliforniaSeptember 1, 20213:09-cv-02611California1,043 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 SECURITIES AND EXCHANGE Case No. 09-cv-02611-VRW (JD)

COMMISSION,

8 Plaintiff,

ORDER RE RELIEF FROM FINAL

v. JUDGMENT

ZNEXT MINING CORPORATION, INC.,

et al., Defendants. 12 13 This case for civil securities fraud closed in 2010 upon entry of a final judgment of permanent injunction and other relief by a now-retired district judge. Dkt. Nos. 15, 17. Pro se defendant Elvira Gamboa, who the SEC identified as defendant ZNext Mining Corporation’s founder, and sole shareholder and controller, see Dkt. No. 1 ¶ 11, has filed a motion seeking relief from the 2010 judgment. Although Gamboa cited only California state procedural rules, the Court construes the motion as a request for relief from judgment under Rule 60 of the Federal Rules of Civil Procedure. See Erikson v. Pardus, 551 U.S. 89, 94 (2007). The Court was randomly assigned the motion as the District’s General Duty Judge in July 2021. Relief is denied. Gamboa’s motion, which runs to…

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