S.E.C. v. VITESSE SEMICONDUCTOR CORP.

No. 10 Civ. 9239 (JSR).

771 F.Supp.2d 304 (2011)

SECURITIES and EXCHANGE COMMISSION, Plaintiff, v. VITESSE SEMICONDUCTOR CORPORATION, Louis R. Tomasetta, Eugene F. Hovanec, Yatin D. Mody, Nicole R. Kaplan, Defendants.

United States District Court, S.D. New York.

March 21, 2011.


Attorney(s) appearing for the Case

Dean Michael Conway , Richard Edward Simpson , Terence Michael Healy , Securities and Exchange Commission, Washington, D.C., for Plaintiff.

Lawrence Gerschwer , Katie Louise Viggiani , Morrison & Foerster, LLP, New York, NY, Dan Edward Marmalefsky , Morrison & Foerster, Los Angeles, CA, for Defendant Louis Tomasetta.

Andrew J. Geist , O'Melveny & Myers, LLP, New York, NY, Daniel H. Bookin , O'Melveny & Myers, LLP, San Francisco, CA, for Defendant Vitesse Semiconductor Corporation.

Charles E. Clayman , Clayman & Rosenberg, New York, NY, Gary Stuart Lincenber , Peter Jeremy Shakow , Bird, Marella, Boxer, Wolpert, Nessim, Drooks & Lincenberg, Los Angeles, CA, for Defendant Eugene Hovanec.

James Thomas Duff , Law Offices of James T. Duff, Los Angeles, CA, for Defendant Nicole Kaplan.

Roland Riopelle , Sercarz & Riopelle, LLP, New York, NY, for Defendant Yatin Mody.


OPINION AND ORDER

JED S. RAKOFF, District Judge.

Pending before the Court is the joint proposal of plaintiff Securities and Exchange Commission ("S.E.C.") and three of the five defendants—Vitesse Semiconductor Corporation ("Vitesse"), Yatin D. Mody, and Nicole R. Kaplan—to approve Consent Judgments that would resolve the case as to these defendants. The proposal raises difficult questions of whether the S.E.C.'s practice of accepting...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases