Champion-Cain
Securities and Exchange Commission v. Champion-Cain
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA
SECURITIES AND EXCHANGE Case No. 3:19-cv-01628-LAB-AHG
COMMISSION,
ORDER GRANTING MOTION FOR
Plaintiff, RELIEF FROM ORDER ENJOINING
SUIT AGAINST RECEIVERSHIP
v. ENTITIES [Dkt. 741]
14 GINA CHAMPION-CAIN and ANI DEVELOPMENT, LLC,
Defendants,
AMERICAN NATIONAL
INVESTMENTS, INC.,
Relief Defendant.
20 In this receivership action, the Court previously exercised its equitable power to enjoin suit against Defendant ANI Development, LLC (“ANI”), Relief Defendant American National Investments, Inc., and their subsidiaries and affiliates (the “Receivership Entities”). (Dkt. 6). While the receivership action progressed, several investors filed suit (the “Investor Actions”) against non- party Chicago Title Company (“CTC”), alleging that CTC conspired with the Receivership Entities’ principal, Gina Champion-Cain, to misappropriate (the “Receiver”) sought and received the Court’s authorization to sue CTC in state…