Stephens
Securities and Exchange Commission v. Stephens
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…