Securities and Exchange Commission v. Goel et al, No. 1:2022cv06282 - Document 28 (S.D.N.Y. 2022)

Court Description: OPINION & ORDER: No later than October 31, 2022, the parties shall submit letters to the Court indicating whether they have any objection to the Court approving the consent judgment notwithstanding the pending stay. (Signed by Judge Ronnie Abrams on 10/28/2022) (ate)

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Securities and Exchange Commission v. Goel et al Doc. 28 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES AND EXCHANGE COMMISSION, Plaintiff, No. 22-cv-6282 (RA) v. OPINION & ORDER BRIJESH GOEL, AKSHAY NIRANJAN, Defendants. RONNIE ABRAMS, United States District Judge: Before the Court are motions by the government to intervene in the above-captioned action, and to stay the matter pending resolution of a criminal case against one of the defendants. See Dkt. 24. No party having objected, the Court hereby grants the government’s motion to intervene pursuant to Rule 24 of the Federal Rules of Civil Procedure. For the reasons offered in the motion papers, the Court further grants the government’s motion to stay the action until a disposition is reached in the pending criminal matter, see United States v. Brijesh Goel, 22-cr-396 (PKC). Prior to the government’s motions to intervene in and stay this action, Defendant Naranjan and the SEC moved for the Court to approve a consent judgment. See Dkt. 21. No later than October 31, 2022, the parties shall submit letters to the Court indicating whether they have any objection to the Court approving the consent judgment notwithstanding the pending stay. SO ORDERED. Dated: October 28, 2022 New York, New York Hon. Ronnie Abrams United States District Judge Dockets.Justia.com

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