Federal Trade Commission et al v. Ygrene Energy Fund Inc.
| Federal Trade Commission and People of The State of California |
| Ygrene Energy Fund Inc. |
| 2:2022cv07864 |
| October 28, 2022 |
| US District Court for the Central District of California |
| Stanley Blumenfeld |
| Steve Kim |
| Other Statutory Actions |
| 15 U.S.C. ยง 0045 Federal Trade Commission Act |
| None |
Docket Report
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This docket was last retrieved on November 17, 2022. A more recent docket listing may be available from PACER.
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Filing 9
STIPULATED AMENDED ORDER FOR PERMANENT INJUNCTION, MONETARY JUDGMENT, AND OTHER RELIEF #8 by Judge Stanley Blumenfeld, Jr. See document for details/attachments. (gk)
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Filing 8
STIPULATED ORDER FOR PERMANENT INJUNCTION, MONETARY JUDGMENT, AND OTHER RELIEF filed by Judge Stanley Blumenfeld, Jr.: Upon Stipulation #2 , IT IS ORDERED that Defendant Ygrene Energy Fund Inc., Defendant's officers, agents, employees, and attorneys, and all other persons in active concert or participation with any of them, who receive actual notice of this Order, whether acting directly or indirectly, in connection with the advertising, marketing, promoting, offering for sale, or sale of Residential PACE Financing to consumers, are permanently restrained and enjoined, etc. IT IS ORDERED that Judgment in the amount of $22,000,000 is entered in favor of Plaintiffs against Defendant Ygrene Energy Fund Inc. as monetary relief. Upon signing of this Order, Defendant shall transfer $3,000,000 to Rust Consulting, Inc., which, as Defendant stipulates, is being held in escrow with Rust Consulting, Inc. as Escrow Agent for no purpose other than payment to the Federal Trade Commission or payment of Estimated Release Costs, as set forth in Section VI of this Order ("Lien Relief"). These funds ("Escrowed Funds") shall be disbursed at the conclusion of the process for determining eligibility for lien relief that is set forth in Section VI of this Order. Upon Defendant's (1) full satisfaction of all obligations to provide Lien Relief and/or (2) transfer of funds to the Commission, the remainder of the judgment shall be suspended, subject to Subsections XI.DG or this Order. See document for further details. (MD JS-6, Case Terminated). (gk)
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Filing 7
CIVIL STANDING ORDER upon filing of the complaint by Judge Stanley Blumenfeld, Jr. (jgr)
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| Filing 6 Notice to Counsel Re Consent to Proceed Before a United States Magistrate Judge. (sh) |
| Filing 5 NOTICE TO PARTIES OF COURT-DIRECTED ADR PROGRAM filed. (sh) |
| Filing 4 NOTICE OF ASSIGNMENT to District Judge Stanley Blumenfeld, Jr and Magistrate Judge Steve Kim. (sh) |
| Filing 3 CIVIL COVER SHEET filed by Plaintiff Federal Trade Commission. (Quigley, Robert) |
| Filing 2 STIPULATION for Permanent Injunction as to Defendant Ygrene Energy Fund Inc. filed by Plaintiff Federal Trade Commission. (Attachments: #1 Proposed Order)(Quigley, Robert) |
| Filing 1 COMPLAINT No Fee Required - US Government, filed by Plaintiff Federal Trade Commission. (Attorney Robert J. Quigley added to party Federal Trade Commission(pty:pla))(Quigley, Robert) |
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