Securities and Exchange Commission v. RMR Asset Management Company

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No.: 18-cv-1895-AJB-LL

COMMISSION,

12 Plaintiffs, ORDER GRANTING IN PART AND DENYING IN PART DEFENDANT v. RICHARD GOUNAUD’S MOTION

FOR UNBONDED STAY OF THE

RMR ASSET MANAGEMENT FINAL JUDGMENT COMPANY, et al., 16 Defendants. (Doc. No. 203) 17 18 Before the Court is pro se defendant Richard Gounaud’s (“Gounaud”) motion for an unbonded stay of the final judgment pending appeal pursuant to Federal Rule of Civil Procedure 62. (Doc. No. 203.) Plaintiff, Securities and Exchange Commission (“SEC”), opposes the motion. For the reasons set forth below, the Court GRANTS IN PART and DENIES IN PART the motion. I. BACKGROUND The SEC commenced this action, alleging that for several years, Gounaud, among others, violated Section 15(a)(1) of the Securities Exchange Act of 1934 (“Exchange Act”) by acting as an unregistered broker when he bought and sold…