Stephens

Securities and Exchange Commission v. Stephens

Good Law
United States District Court, Southern District of CaliforniaApril 28, 20233:22-cv-01483California1,912 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 SECURITIES AND EXCHANGE Case No.: 22-cv-1483-AJB-DEB

COMMISSION,

ORDER:

Plaintiff, (1) GRANTING THE UNITED 14 v. STATES’ MOTION TO INTERVENE AND JOINDER IN DEFENDANT

DAVID STEPHENS, DONALD LINN DANKS’ MOTION TO STAY

16 DANKS, JONATHAN DESTLER, and PROCEEDINGS and ROBERT LAZERUS, (2) GRANTING DEFENDANT 18 Defendants, and DANKS’ MOTION TO STAY TO STAY PROCEEDINGS PENDING DANIEL SOLOMITA and 8198381 RESOLUTION OF RELATED 20 Canada, Inc., CRIMINAL CASE 21 Relief Defendants. (Doc. Nos. 11, 21)

23 24 I. BACKGROUND This civil case is an enforcement action filed by the Securities and Exchange Commission (“SEC”) against Donald Linn Danks (“Danks”), David Stephens (“Stephens”), Jonathan Destler (“Destler”), and Robert Lazerus (“Lazerus”) (collectively, “Defendants”) for alleged violations of several…

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