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S.E.C. v. CIOFFI

Case No. 08-CV-2457 (FB)(VVP).

868 F.Supp.2d 65 (2012)

SECURITIES and EXCHANGE COMMISSION, Plaintiff, v. Ralph R. CIOFFI and Matthew M. Tannin, Defendants.

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

June 18, 2012.

Attorney(s) appearing for the Case

John D. Worland, Esq. , Erica Y. Williams, Esq. , John Bowers, Esq. , Richard Hong, Esq. , Securities and Exchange Commission, Washington, DC, for the Plaintiff.

Edward J.M. Little, Esq. , Jason Andrew Masimore, Esq. , John Thomas McGoey, Esq. , Katherin Rebecca Vogel, Esq. , Lisa Ann Cahill, Esq. , Hughes Hubbard & Reed, LLP, New York, NY, for Defendant, Cioffi.

Susan E. Brune, Esq. , Nina M. Beattie, Esq. , Maryann J. Sung, Esq. , Theresa Trzaskoma, Esq. , New York, NY, Laurie Edelstein, Esq. , Brune & Richard LLP, San Francisco, CA, for Defendant, Tannin.

MEMORANDUM

BLOCK, Senior District Judge.

The parties to this civil enforcement action have negotiated a settlement. Because the settlement contemplates the entry of consent judgments, it requires the Court's approval. See Barcia v. Sitkin, 367 F.3d 87, 90 (2d Cir.2004) ("[A] consent decree (or consent judgment) is an agreement of the parties entered upon the record with the sanction and approval of the court...

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