OPINION AND ORDER
SIDNEY H. STEIN, District Judge.
The Securities and Exchange Commission ("SEC") brings this action for securities fraud, insider trading, and the unlawful distribution of unregistered securities against Edwin Buchanan Lyon IV and seven entities—Gryphon Master Fund, L.P., Gryphon Partners, L.P., Gryphon Partners (QP), L.P., Gryphon Offshore Fund, Ltd., Gryphon Management Partners, L.P., Gryphon Management Partners III, L.P...
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