Filed: Mar. 06, 2017
Latest Update: Mar. 06, 2017
Summary: JUDGMENT OTIS D. WRIGHT, II , District Judge . Plaintiff Securities and Exchange Commission ("SEC") moved for summary judgment against the Estate of Rand J. Chortkoff, the one remaining defendant in this case, and Chortkoff's estate did not oppose. ( See ECF Nos. 85; 90.) On March 3, 2017, this Court granted the SEC's motion. In accordance with that Order, it is hereby ORDERED , ADJUDGED , and DECREED as follows: 1. Rand J. Chortkoff is liable for the SEC's claims of fraud and acting
Summary: JUDGMENT OTIS D. WRIGHT, II , District Judge . Plaintiff Securities and Exchange Commission ("SEC") moved for summary judgment against the Estate of Rand J. Chortkoff, the one remaining defendant in this case, and Chortkoff's estate did not oppose. ( See ECF Nos. 85; 90.) On March 3, 2017, this Court granted the SEC's motion. In accordance with that Order, it is hereby ORDERED , ADJUDGED , and DECREED as follows: 1. Rand J. Chortkoff is liable for the SEC's claims of fraud and acting ..
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JUDGMENT
OTIS D. WRIGHT, II, District Judge.
Plaintiff Securities and Exchange Commission ("SEC") moved for summary judgment against the Estate of Rand J. Chortkoff, the one remaining defendant in this case, and Chortkoff's estate did not oppose. (See ECF Nos. 85; 90.) On March 3, 2017, this Court granted the SEC's motion.
In accordance with that Order, it is hereby ORDERED, ADJUDGED, and DECREED as follows:
1. Rand J. Chortkoff is liable for the SEC's claims of fraud and acting as an unregistered broker-dealer;
2. The Estate of Rand J. Chortkoff shall disgorge the amount of One Hundred Fifty-Three Thousand, Four Hundred Dollars ($153,400) to Plaintiff SEC, representing Chortkoff's ill-gotten gains; and
3. The Estate of Rand J. Chortkoff shall pay Plaintiff SEC prejudgment interest in the amount of Twelve Thousand, Six Hundred and Fifteen Dollars ($12,615).
IT IS SO ORDERED.
