Defendant Name: Catch 83 General Partnership

Defendant Type: Other

Document Reference: court_doc459_11-cv-01962

Document Details

Legal Case Name SEC (Plaintiff) v. Heart Tronics, Inc., Mitchell Jay Stein, Willie James Gault, J. Rowland Perkins, II, Martin Bert Carter, Mark Crosby Nevdahl, and Ryan Allan Rauch, (Defendants); Tracey Hampton-Stein, ARC Finance Group, LLC, ARC Blind Trust, THS Blind Trust, JAYMI Blind Trust, Oak Tree Investments Blind Trust, WBT Investments Blind Trust, Catch 83 General Partnership, and Five Investments Partnership (Relief Defendants)
Document Name Order to Show Cause RE Dismissal for Lack of Prosecution
Document Date 21-Nov-2017
Document Format Civil Proceeding
Case Number 11-cv-01962
Federal District Court California, Central District of California
Federal District Judge James V. Selna
Allegation Type Issuer Reporting and Disclosure
Document Summary

Disgorgement & Penalty Information

Resolutions
The Court ordered "plaintiff(s) to Show Cause (OSC) in writing no later than December 13, 2017, why this action should not be dismissed, as to defendant Catch 83 General Partnership only, for lack of prosecution."

Related Documents:

comp22204 20-Dec-2011 Complaint
Complaint
According to the SEC: "Between December 2005 and December 2008, defendant Mitchell J. Stein ("Stein"), the purported outside counsel of defendant Heart Tronics, Inc. (flk/a Signalife, Inc. and Recom Managed Systems, Inc.) ("Heart Tronics" or the "Company") and husband of its majority shareholder, orchestrated a brazen series of frauds designed to inflate the price ofHeart Tronics stock so that he could profit from selling its securities to investors."
court_doc460_11-cv-01962 13-Dec-2017 Court Docket Document
Plaintiff Securities and Exchange Commission's Response to Order to Show Cause
The Commission stated: "Catch-83 is a general partnership controlled by defendant Gault . . . Gault sufficiently satisfied the judgment against himself such that there is now no relief effectively to be sought against Catch-83 at this time . . . Because Gault's appeal of this Court's judgment is still pending, however, the SEC believes it is premature to dismiss this case against Relief Defendant Catch-83. Should the Court's judgment be vacated on appeal and remanded by the Ninth Circuit for additional proceedings, such as a new trial, it is possible that the SEC would then need to seek relief against Catch-83." On September 24, 2018, the the Ninth Circuit affirmed the judgment against Willie James Gault, see doc. court_doc463_11-cv-01962.

Related Actions:

In the Matter of Mitchell J. Stein
Mitchell J. Stein