JOINT MOTION BY PLAINTIFF SECURITIES AND EXCHANGE COMMISSION AND DEFENDANT ROBERT CORTEZ MARSHALL TO CONTINUE PRETRIAL DATES

GEORGE FOLEY, JR., Magistrate Judge.

Plaintiff Securities and Exchange Commission ("SEC" or "Commission") and defendant Robert Cortez Marshall ("Marshall"), by and through their undersigned counsel, jointly move as follows:

On May 7, 2018, the Court entered an order that, among other things, set August 19, 2018 as the last date to file dispositive motions in this action. (Dkt. No. 15). That order was entered pursuant to a stipulation whereby Marshall requested an extension of the pretrial deadlines to allow him adequate time to conduct discovery. (Dkt. No. 14).

The parties have now reached a tentative settlement with regard to the SEC's claims against Marshall that would result in the entry of a bifurcated judgment against Marshall. The settlement is tentative because it is dependent upon the Commission authorizing the specific amount of civil penalty that it would seek from Marshall, and only the SEC Commissioners in Washington D.C. can make that authorization. The authorization process typically takes several weeks, and the SEC staff has already begun attempting diligently to obtain authorization regarding the civil penalty amount. The SEC staff expects that the SEC Commissioners will authorize the civil penalty amount within 30 days of the date of this joint motion.

In light of the tentative settlement between the SEC and Marshall, the parties respectfully request that final date to file dispositive motions be continued for 30 days, until September 18, 2018, to provide time for the SEC Commissioners to authorize the civil penalty amount. The SEC staff will notify the Court immediately if it appears that authorization of the penalty amount will not take place within 30 days of this motion.

IT IS SO ORDERED.