Securities and Exchange Commission v. Global Wholehealth Partners Corp.

Good Law
United States District Court, Southern District of CaliforniaJune 13, 20223:22-cv-00219California1,490 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 9 SECURITIES AND EXCHANGE Case No.: 22-cv-219-WQH-BGS

COMMISSION,

11 Plaintiff, ORDER 12 v.

GLOBAL WHOLEHEALTH

PARTNERS CORP., CHARLES

STRONGO, BRIAN M. VOLMER,

JOSHUA YAFA, JAMIE YAFA, and

EMPIRE ASSOCIATES INC.,

16 Defendants. HAYES, Judge: The matters before the Court are the Motions to Stay this case filed by Defendants Global Wholehealth Partners Corp. (“GWHP”), Charles Strongo, Brian M. Volmer, Joshua Yafa, Jamie Yafa, and Empire Associates Inc. (ECF Nos. 33, 34, 38, 40). BACKROUND On February 17, 2022, Plaintiff Securities and Exchange Commission (“SEC”) filed the Complaint in this civil case against Defendants. (ECF No. 1). The Complaint alleges violations of Section 10(b) and Rule 10b-5 of the Securities and Exchange Act of 1934, and violations of Sections 17(a) and 17(b) of the Securities Act of 1933, resulting from a 27 28 “pump and dump” scheme involving the publicly traded stock of GWHP. (Id. at 1.) The 2 …

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