Securities and Exchange Commission v. Babini

UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS SECURITIES AND EXCHANGE * COMMISSION, * * Plaintiff, * v. * Civil Action No. 1:15-cv-13348-IT * MARCO BABINI, et al., * * Defendants. * MEMORANDUM & ORDER September 27, 2024 TALWANI, D.J. Pending before the court is Plaintiff Securities and Exchange Commission’s (“SEC”) Motion for Entry of Final Judgment and Order for Penny Stock Bar as to Defendant Marco Babini (“Mot. for Final J.”) [Doc. No. 62]. For the following reasons, the motion is GRANTED. I. Background The SEC sued Defendant Marco Babini and two others in 2015 for operating an…