Securities & Exchange Commission v. Gahr

MEMORANDUM**

Petitioner Lee E. Gahr, a Canadian national, appeals from the district court’s entry of default judgment against him after he failed to file an answer to a Securities and Exchange Commission (“SEC”) complaint alleging various violations of federal securities laws in connection with Chill Tech, Inc. He argues that his failure to answer the complaint was “excusable neglect” under Fed.R.Civ.P. 60(b), caused by his naivete and unfamiliarity with the American judicial system. We reject his argument and affirm the district court’s decision.

*891To successfully set aside a default judgment…