Champion-Cain

Securities and Exchange Commission v. Champion-Cain

Good Law
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…

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