United States Securities & Exchange Commission v. Markusen

MEMORANDUM OF LAW & ORDER

Michael J. Davis, United States District Court

I. INTRODUCTION

This matter is before the Court on Plaintiffs Application for Entry of Default Judgment Against Defendants Steven R. Markusen and Archer Advisors LLC. [Docket No 21] The Court heard oral argu*881ment on August 21, 2015. For the reasons that follow, the Court grants Plaintiffs motion; however, the Court withholds entering the Judgment until Plaintiffs claims against Defendant Jay Cope are resolved.

Based on the facts in the record, Marku-sen completely controlled Archer and, together, they engaged in long-term…