Securities and Exchange Commission v. Clayton

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF UTAH SECURITIES AND EXCHANGE MEMORANDUM DECISION AND COMISSION, ORDER Plaintiff, Case No. 2:24-cv-00918-RJS-DBP v. Chief District Judge Robert J. Shelby JOHN S. CLAYTON, et al., Chief Magistrate Judge Dustin B. Pead Defendants. Now before the court is Defendant Donald Perry’s Motion to Dismiss pursuant to Rules 12(b)(6) and 9(b) of the Federal Rules of Civil Procedure.1 For the reasons explained below, the court DENIES the Motion.2 BACKGROUND3 This case concerns Defendant John Clayton’s alleged securities fraud scheme to “secretly amass…