Securities and Exchange Commission v. Newpoint Financial Services Inc et al
| Securities and Exchange Commission |
| Justin P Farahi, Joshua A Farahi, Elaheh Amouei, Gissou Rastegar Farahi, John Farahi, Newpoint Financial Services Inc, Quiff Investments, Ltd. and Triple "J" Plus LLC |
| Parviz Banafshe |
| James H Donell |
| Garnik Mnatsakanyan Family Inter-Vivos Trust |
| NPS1031 Exchange of California, Inc. |
| 2:2010cv00124 |
| January 8, 2010 |
| US District Court for the Central District of California |
| John E. McDermott |
| Dean D. Pregerson |
| Other |
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Available Case Documents
The following documents for this case are available for you to view or download:
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Filing
518
ORDER AUTHORIZING PAYMENT OF RECEIVERS FEES AND EXPENSES REQUESTED IN THE FOURTH INTERIM REPORT 511 by Judge Dean D. Pregerson: For the Receiver, fees in the amount of $69,178.05 and costs in the amount of $1,548.56 for the period covere d by the Application (January 1, 2013 through June 30, 2013); For Receivers counsel, Ervin, Cohen & Jessup LLP, fees in the amount of $289,720.30 and costs in the amount of $9,606.93 for the period covered by the Application; For the accoun ting firm Grobstein Teeple Financial Advisory Services LLP, fees in the amount of $18,050.00 and costs in the amount of $171.83 for the period covered by the Application; For the accounting firm Crowe Horwath LLP, fees in the amount of $25,934.00 and costs in the amount of $28.51 for the period covered by the Application. (lc). Modified on 9/16/2014 .(lc).
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Filing
506
FINAL JUDGMENT AND RE PERMANENT INJUNCTION AGAINST DEFENDANT GISSOU RASTEGAR FARAHI (SEE DOCUMENT FOR SPECIFICS).The SEC has determined that it is not seeking monetary remedies against Defendant in this proceeding, and those claims are dismissed. The Consent previously filed in this case as Docket No. 479 is incorporated herein with the same force and effect as if fully set forth herein, except for paragraphs 2(b), 2(c), and 3, and that Defendant shall comply with all of the undertakings and agreements set forth herein by Judge Dean D. Pregerson (lc)
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Filing
481
FINAL JUDGMENT OF PERMANENT INJUNCTION AND OTHER RELIEF AGAINST DEFENDANT GISSOU RASTEGAR FARAHI 479 ; Upon motion of the Commission, the Court shall determine whether it is appropriate to order disgorgement of ill-gotten gains and/or a civil penalt y. If disgorgement is ordered, Defendant shall payprejudgment interest thereon, calculated from May 1, 2003, based on the rate ofinterest used by the Internal Revenue Service for the underpayment of federalincome tax by Judge Dean D. Pregerson. (SEE DOCUMENT FOR OTHER SPECIFICS). (lc)
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Filing
476
FINAL JUDGMENT AS TO RELIEF DEFENDANT QUIFF INVESTMENTS, LTD by Judge Dean D. Pregerson: The freezeof the assets of Relief Defendant in Quiffs account at Interactive Brokers shall be immediately lifted, all funds shall be and are unfrozen, all restra ints against release or disbursement of the monies in the account shall be and are dissolved, and all of the monies currently subject to the asset freeze shall be released and/or disbursed forthwith directly by Interactive Brokers. US $68,073.0 3 to Farid Goharchin; US$130,769.42 to Bahram Kahenassa; US $2,932,017 to Amir Khalili; Quiffs attorneys Kaplan, Kenegos & Kadin shall be paid US $250,800.00 representing costs and attorneys fees; The balance of funds in the approximate sum of US $2,108,106.58 shall be disbursed 50% to the Receiver James Donell (see document for specific instructions). The Commissions Complaint against Quiff shall be, and hereby is, dismissed with prejudice. (lc)
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Filing
323
ORDER DENYING IN PART AND GRANTING IN PART DEFENDANT FARAHIS AND RELIEF DEFENDANT QUIFFS MOTIONS TO VACATE OR MODIFY ASSET FREEZE ORDER 295 , 296 by Judge Dean D. Pregerson : The court therefore declines to vacate its January 18, 2012 Order reinsta ting the freeze of Quiffs assets and all amounts withdrawn or otherwise disbursed from the relevant Quiff account since April 27, 2010. The court finds it unnecessary, however, to require anaccounting from Quiff, Farahi, or Farahis counsel. As the recordreflects, requiring such an accounting raises concerns with regardto Farahis related criminal proceedings. The March 17, 2010 Temporary Restraining Order Freezing Assets shall remain in effect. (lc)
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Filing
214
ORDER DENYING Defendants' Ex Parte Application to Stay Magistrate Judge's November 5, 2010 Order 211 and GRANTING Plaintiff's Ex Parte Application to Enforce the Magistrate Judge's November 5, 2010 Order 209 by Judge Dean D. Pregerson. The court finds that there is not good cause for the requested stay. It is further ordered that Defendants shall comply with the Magistrate Judges November, 5, 2010, order forthwith. (sch)
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Filing
198
JUDGMENT OF PERMANENT INJUNCTION for the plaintiff SEC and against defendant Elaheh Amouei and his agents (see document for specifics) by Judge Dean D. Pregerson (lc)
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Filing
42
JUDGMENT OF PERMANENT INJUNCTION an other relief against defendant John Farahi from violating the Securities Exchange Act of 1934 (see document for specifics) by Judge Dean D. Pregerson (lc)
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