Coldicutt

Securities and Exchange Commission v. Coldicutt

Good Law
United States District Court, Southern District of CaliforniaDecember 16, 20223:22-cv-00274California437 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No. 22-cv-274-MMA (KSC)

COMMISSION,

ORDER GRANTING MOTION TO

Plaintiff, STAY v. [Doc. No. 28]

ANDREW T.E. COLDICUTT,

15 Defendant. 16 17

19 Plaintiff Securities and Exchange Commission (“Plaintiff”) filed this action alleging violations of federal securities law against Defendant Andrew T.E. Coldicutt (“Defendant”). See Doc. No. 1. Defendant now moves to stay this action pending resolution of the parallel criminal proceeding in this district, USA v. Coldicutt, 22-CR- 1881-JO. See Doc. No. 28. Plaintiff filed a statement of non-opposition to Defendant’s motion. See Doc. No. 31. The Court finds this matter suitable for determination on the papers and without oral argument pursuant to Civil Local Rule 7.1.d.1.1 27 28 A court may decide to stay a civil case in the face of parallel criminal proceedings 2 || depending on the particular circumstances and competing interests. Federal…

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