Securities & Exchange Commission v. Gerasimowicz

OPINION AND ORDER

JOHN G. KOELTL, District Judge:

The petitioner, the Securities and Exchange Commission (“SEC”), seeks an order enforcing a final SEC order (the “Final Order”) against Respondents Walter Gerasimowicz, Meditron Asset Management, LLC (“MAM”), and Meditron Management Group, LLC (“MMG”), (collectively, “Respondents”). In administrative proceedings, the SEC found that the Respondents violated federal securities laws by engaging in fraudulent conduct that caused significant losses to investors. In its Final Order, the SEC required that the Respondents pay disgorgement, jointly *379and…