United States Securities & Exchange Commission v. Kanodia

ORDER

BURROUGHS, UNITED STATES DISTRICT JUDGE

I. INTRODUCTION

The United States Department of Justice (“government”) has moved to inter*480vene in this action for the limited purpose of moving for a stay of discovery pending the conclusion of parallel criminal proceedings (Docket No. 52). For the reasons set forth below, the government’s motion to intervene is ALLOWED. The government’s motion to stay discovery is DENIED, except that (1) the depositions of Defendant Amit Kanodia (“Mr. Kanodia”) and the individual identified in the Complaint as “Tippee 1” are stayed until further order of this Court,…