Securities and Exchange Commission v. GLR Capital Management, LLC, 12-CV-2663 (EJD). (2016)
Court: District Court, N.D. California
Number: infdco20160531d43
Visitors: 8
Filed: May 27, 2016
Latest Update: May 27, 2016
Summary: NOTICE OF VOLUNTARY DISMISSAL OF DEFENDANTS GLR CAPITAL MANAGEMENT, LLC AND RELIEF DEFENDANT GLR GROWTH FUND, L.P. EDWARD J. DAVILA , District Judge . Pursuant to Federal Rule of Civil Procedure 41(a)(1), Plaintiff Securities and Exchange Commission ("Commission") hereby voluntarily dismisses with prejudice its action against Defendant GLR Capital Management, LLC ("GLR Capital") and Relief Defendant GLR Growth Fund, L.P. ("Fund"). Rule 41(a)(1) permits a plaintiff to dismiss claims voluntar
Summary: NOTICE OF VOLUNTARY DISMISSAL OF DEFENDANTS GLR CAPITAL MANAGEMENT, LLC AND RELIEF DEFENDANT GLR GROWTH FUND, L.P. EDWARD J. DAVILA , District Judge . Pursuant to Federal Rule of Civil Procedure 41(a)(1), Plaintiff Securities and Exchange Commission ("Commission") hereby voluntarily dismisses with prejudice its action against Defendant GLR Capital Management, LLC ("GLR Capital") and Relief Defendant GLR Growth Fund, L.P. ("Fund"). Rule 41(a)(1) permits a plaintiff to dismiss claims voluntari..
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NOTICE OF VOLUNTARY DISMISSAL OF DEFENDANTS GLR CAPITAL MANAGEMENT, LLC AND RELIEF DEFENDANT GLR GROWTH FUND, L.P.
EDWARD J. DAVILA, District Judge.
Pursuant to Federal Rule of Civil Procedure 41(a)(1), Plaintiff Securities and Exchange Commission ("Commission") hereby voluntarily dismisses with prejudice its action against Defendant GLR Capital Management, LLC ("GLR Capital") and Relief Defendant GLR Growth Fund, L.P. ("Fund"). Rule 41(a)(1) permits a plaintiff to dismiss claims voluntarily where, as here, the opposing party has not served an answer or a motion for summary judgment.
The Commission brought this action on May 24, 2012 alleging that GLR Capital served as the general partner of the Fund, a private investment fund, and violated certain provisions of the federal securities laws in connection with its operation of the Fund (ECF No. 1). GLR Capital is now defunct. On January 21, 2016, the Court ordered that a new corporation become the general partner of the Fund. (ECF No. 257). In light of this, the Commission now voluntarily dismisses with prejudice the claims pending against GLR Capital and the Fund.
Source: Leagle
