Champion-Cain
Securities and Exchange Commission v. Champion-Cain
United States District Court, Southern District of CaliforniaOctober 26, 20203:19-cv-01628California3,322 words
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No.: 3:19-cv-1628-LAB-AHG
COMMISSION,
ORDER GRANTING MOTION FOR
Plaintiff, APPROVAL OF SALE OF v. PERSONAL PROPERTY, LIQUOR
LICENSE, AND ASSIGNMENT OF
GINA CHAMPION-CAIN AND ANI
COMMERCIAL LEASE
DEVELOPMENT, LLC,
ASSOCIATED WITH THE OCEAN
16 Defendants, and BEACH SURF RIDER RESTAURANT
AMERICAN NATIONAL
INVESTMENTS, INC., [ECF No. 462] Relief Defendant. 21 22 I. BACKGROUND As described in prior orders, see, e.g., ECF Nos. 54, 162, 163, this is an action brought by the Securities and Exchange Commission (“SEC”) against Defendants ANI Development, LLC (“ANI Development”) and Gina Champion-Cain and Relief Defendant American National Investments, Inc. (“ANI Inc.”), alleging violations of federal securities laws based on a purportedly fraudulent liquor license loan…