Securities and Exchange Commission v. RMR Asset Management Company

Good Law
United States District Court, Southern District of CaliforniaNovember 24, 20213:18-cv-01895California808 words

Opinion

Trial Court Opinion

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

COMMISSION,

12 Plaintiffs, ORDER DENYING RICHARD GOUNAUD’S EX PARTE MOTION v. FOR RECONSIDERATION

RMR ASSET MANAGEMENT (Doc. No. 245) COMPANY, et al., 16 Defendants. 17 18 Before the Court is pro se defendant Richard Gounaud’s (“Gounaud”) ex parte motion for reconsideration of the October 26, 2021 Order granting in part and denying in part his motion for an unbonded stay of the final judgment. (Doc. No. 245.) Plaintiff, the Securities and Exchange Commission (“SEC”), opposes the motion. (Doc. No. 247.) For the reasons set forth below, the Court DENIES Gounaud’s motion for reconsideration. I. LEGAL STANDARD Reconsideration is an “extraordinary remedy, to be used sparingly in the interests of finality and conversation of judicial resources.” Kona Enters. Inc. v. Estate of Bishop, 229 F.3d 877, 890 (9th Cir. 2000); see also…

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