U.S. Securities and Exchange Commission v. Crowd Machine, Inc.

Good Law
United States District Court, Northern District of CaliforniaDecember 5, 20234:22-cv-00076California5,713 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 U.S. SECURITIES AND EXCHANGE Case No. 4:22-cv-0076-HSG

COMMISSION,

ORDER GRANTING IN PART AND Plaintiff, DENYING IN PART MOTION FOR MONETARY RELIEF v. Re: Dkt. No.

CROWD MACHINE, INC., METAVINE,

INC., and CRAIG DEREL SPROULE

Defendants, and METAVINE PTY. LTD., Relief Defendant.

16 Pending before the Court is Plaintiff U.S. Securities and Exchange Commission’s Motion for disgorgement against Defendants Crowd Machine, Inc., Metavine, Inc., and Craig Sproule and Relief Defendant Metavine Pty. Ltd., and civil penalties against Defendants Crowd Machine, Inc. and Metavine, Inc. Dkt. No. 40 (“Mot.”). Defendants oppose the Motion. Dkt. No. 52 (“Opp.”). The Court orders Defendants Crowd Machine, Inc., Metavine, Inc., and Craig Sproule and Relief Defendant Metavine Pty. Ltd. to pay the amounts detailed in this Order. I. …

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