Legal Opinion
U.S. Sec. & Exch. Comm'n v. Johnston
District Court, District of Columbia
Decided March 21, 2019No. Civil Action No. 16-10607-NMGPublishedCited by 7 opinions
1Opinion of the Court
Nathaniel M. Gorton, United States District Judge
Following an eight-day trial after which the jury found David Johnston ("Johnston" or "defendant") liable for securities violations, the Securities and Exchange Commission ("the SEC") has moved for final *250judgment. The SEC seeks an officer and director bar, disgorgement, prejudgment interest, civil penalties and a permanent injunction.
I. Background
In 2016, the SEC filed a complaint against defendant, alleging that Johnston, as Chief Financial Officer ("CFO") of Aveo Pharmaceuticals ("Aveo") engaged in a scheme to mislead Aveo investors about the…
2Cases cited14 opinions
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Steadman v. Securities & Exchange CommissionSupreme Court of the United States · 1981
- Securities and Exchange Commission v. Paul A. BilzerianCourt of Appeals for the D.C. Circuit · 1994
- Fed. Sec. L. Rep. P 98,813 Securities and Exchange Commission v. Ratilal K. PatelCourt of Appeals for the Second Circuit · 1995
- Charles W. STEADMAN, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, RespondentCourt of Appeals for the Fifth Circuit · 1979
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3Cited by7 opinions
- SECURITIES AND EXCHANGE COMMISSION v. WALLDistrict Court, D. Maine · 2020
- Securities and Exchange Commission v. ChanDistrict Court, D. Massachusetts · 2020
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- Securities and Exchange Commission v. MillerDistrict Court, D. Maryland · 2024
- Securities and Exchange Commission v. MillerDistrict Court, D. Maryland · 2024
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