United States Securities & Exchange Commission v. Monarch Funding Corp.

OPINION

SAND, District Judge.

Following a remand from the United States Court of Appeals for the Second Circuit, the Plaintiff United States Securities and Exchange Commission (“SEC”) renews its motion for summary judgment against the Defendant Richard O. Bertoli (“Bertoli”). Specifically, the SEC seeks reaffirmation of this Court’s Final Judgment of Permanent Injunction and Disgorgement against Bertoli. (See SEC Ex. D.) For the reasons stated below, the Plaintiffs motion is granted in part and denied in part.

BACKGROUND

This Opinion represents the latest stage in the protracted litigation…