Giguiere

Securities and Exchange Commission v. Giguiere

Good Law
United States District Court, Southern District of CaliforniaAugust 4, 20223:18-cv-01530California692 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No.: 18-cv-1530-WQH-JLB

COMMISSION,

ORDER

Plaintiff, 13 v.

GANNON GIGUIERE, ANDREW

15 HACKETT, and ANNETTA BUDHU, Defendants. HAYES, Judge: The matter before the Court is the Motion for Leave to Amend the Complaint filed by Plaintiff Securities and Exchange Commission. (ECF No. 81). On July 6, 2018, Plaintiff filed the Complaint in this action against Defendants Gannon Giguiere, Oliver-Barret Lindsay, Andrew Hackett, Kevin Gillespie, and Annetta Budhu. (ECF No. 1). The Complaint alleges violations of Section 10(b) of the Securities Exchange Act and Rules 10b-5(a) and (c) resulting from Defendants’ alleged schemes to “pump and dump” the common stock of three issuers—Kelvin Medical, Inc., Arias Intel Corp., and Eco Science Solutions, Inc. (Id. ¶ 11). 27 28 On June 24, 2022, Plaintiff filed the Motion for Leave to Amend the Complaint. (ECF No. 81). The motion seeks to amend the Complaint to add a claim against Defendant…

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