Securities and Exchange Commission v. Swaffer

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF OHIO EASTERN DIVISION SECURITIES AND EXCHANGE ) CASE NO. 1:22-cv-1554 COMMISSION, ) ) JUDGE BRIDGET MEEHAN BRENNAN Plaintiff, ) ) v. ) MEMORANDUM OPINION ) AND ORDER KRIS SWAFFER, et al., ) ) Defendants. ) Before the Court is the motion for default judgment against Defendant POHIH, Inc. filed by Plaintiff United States Securities and Exchange Commission. (Doc. 48.) For the reasons explained below, the motion is GRANTED. I. Background A. Factual Background From at least September 2016 through February 2020, Kris Swaffer (“Swaffer”) engaged in…