U. S. SECURITIES & EXCHANGE V. FRANCIS WILDE, No. 13-55043 (9th Cir. 2016)

Annotate this Case
Download PDF
FILED NOT FOR PUBLICATION UNITED STATES COURT OF APPEALS OCT 03 2016 MOLLY C. DWYER, CLERK U.S. COURT OF APPEALS FOR THE NINTH CIRCUIT UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, No. 13-55043 D.C. No. 8:11-cv-00315-DOC-AJW v. MEMORANDUM* FRANCIS WILDE; et al., Defendants, and MARK A. GELAZELA, Defendant-Appellant. UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, No. 13-55295 D.C. No. 8:11-cv-00315-DOC-AJW v. FRANCIS WILDE; et al., Defendants-Appellants, * This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3. and STEVEN E. WOODS; et al., Defendants. Appeals from the United States District Court for the Central District of California David O. Carter, District Judge, Presiding Submitted September 26, 2016** Before: D.W. NELSON, GRABER, and WATFORD, Circuit Judges. Defendants appeal the district court’s order granting summary judgment on the Securities and Exchange Commission’s securities fraud claims. We affirm the district court’s order because defendants have failed to demonstrate a genuine dispute as to any material fact in this case. We also find that the district court acted within its discretion by ordering disgorgement of the ill-gotten gains. AFFIRMED. ** The panel unanimously concludes this case is suitable for decision without oral argument. See Fed. R. App. P. 34(a)(2). 2

Some case metadata and case summaries were written with the help of AI, which can produce inaccuracies. You should read the full case before relying on it for legal research purposes.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.