Champion-Cain
Securities and Exchange Commission v. Champion-Cain
United States District Court, Southern District of CaliforniaJanuary 12, 20213:19-cv-01628California3,999 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:
Plaintiff, 13 v. (1) GRANTING REQUEST TO
APPROVE SALE OF WEST
GINA CHAMPION-CAIN AND ANI
WASHINGTON PROPERTY TO
DEVELOPMENT, LLC,
WINNING BIDDER; and 16 Defendants, and (2) GRANTING IN PART AND
DENYING IN PART MOTION FOR
AMERICAN NATIONAL APPROVAL OF SALE OF WEST
INVESTMENTS, INC., WASHINGTON PROPERTY
Relief Defendant.
[ECF Nos. 520, 559] 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…