United States Securities and Exchange Commission v. Parallax Health Sciences, Inc. et al
| United States Securities and Exchange Commission |
| Parallax Health Sciences, Inc., Paul R Arena and Nathaniel T Bradley |
| 1:2021cv05812 |
| July 7, 2021 |
| US District Court for the Southern District of New York |
| Katherine Polk Failla |
| Securities/Commodities |
| 15 U.S.C. ยง 77 |
| Plaintiff |
Docket Report
RSS Track this Docket
This docket was last retrieved on July 9, 2021. A more recent docket listing may be available from PACER.
| Document Text |
|---|
Filing 4
FINAL JUDGMENT AS TO PARALLAX HEALTH SCIENCES, INC., PAUL R. ARENA AND NATHANIEL T. BRADLEY: IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendants Parallax and Arena are permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act", 15 U.S.C. 78j(b), and Rule 10b-5 thereunder, 17 C.F.R. 240.10b-5, by using any means or instrumentality of interstate commerce, or of the mails, or of any facility of any national securities exchange, in connection with the purchase or sale of any security: and further set forth in this order. IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendants Parallax, Arena and Bradley shall pay civil penalties in the amounts of $100,0000, $45,000, and $40,000 respectively, to the Securities and Exchange Commission pursuant to Section 21(d)(3) of the Exchange Act, 15 U.S.C. 78u(d)(3) and Section 20(d) of the Securities Act, 15 U.S.C. 77t(d). Defendants Parallax and Arena shall make these payments pursuant to the terms of the payment schedule set forth in paragraph VII below after entry of this Final Judgment. Defendant Bradley shall make payment within 30 days after the entry of the Final Judgment. Defendants may transmit payment electronically to the Commission, which will provide detailed ACH transfer/Fedwire instructions upon request. Payment may also be made directly from a bank account via Pay.gov through the SEC website at http://www.sec.gov/about/offices/ofm.htm. Defendants may also pay by certified check, bank cashier's check, or United States postal money order payable to the Securities and Exchange Commission, which shall be delivered or mailed to: Enterprise Services Center Accounts Receivable Branch 6500 South MacArthur Boulevard Oklahoma City, OK 73169. and shall be accompanied by a letter identifying the case title, civil action number, and name of this Court; Parallax, Arena or Bradley as a defendant in this action; and specifying that payment is made pursuant to this Final Judgment. Defendants shall simultaneously transmit photocopies of evidence of payments and case identifying information to the Commission's counsel in this action. By making these payments, Defendants relinquish all legal and equitable right, title, and interest in such funds and no part of the funds shall be returned to Defendants. The Commission shall send the funds paid pursuant to this Final Judgment to the United States Treasury. IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment. (Signed by Judge Katherine Polk Failla on 7/9/2021) (rro)
|
| Filing 3 JOINT MOTION for Judgment as to All Defendants. Document filed by United States Securities and Exchange Commission. (Attachments: #1 Text of Proposed Order of Final Judgment as to All Defendants, #2 Exhibit Consent of Defendant Parallax Health Sciences, Inc., #3 Exhibit Consent of Defendant Paul R. Arena, #4 Exhibit Consent of Defendant Nathaniel T. Bradley).(Kelly, Rua) |
| Case Designated ECF. (pc) |
| Magistrate Judge Stewart D. Aaron is so designated. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link: #https://nysd.uscourts.gov/sites/default/files/2018-06/AO-3.pdf. (pc) |
| CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge Katherine Polk Failla. Please download and review the Individual Practices of the assigned District Judge, located at #https://nysd.uscourts.gov/judges/district-judges. Attorneys are responsible for providing courtesy copies to judges where their Individual Practices require such. Please download and review the ECF Rules and Instructions, located at #https://nysd.uscourts.gov/rules/ecf-related-instructions..(pc) |
| ***NOTICE TO ATTORNEY REGARDING CIVIL. CASE OPENING STATISTICAL ERROR CORRECTION: Notice to attorney Alexander Mircea Vasilescu. The following case opening statistical information was erroneously selected/entered: County code Albany; Fee Status code none (no fee required);. The following correction(s) have been made to your case entry: the County code has been modified to New York; the Fee Status code has been modified to wv (waived);. (pc) |
| Filing 2 CIVIL COVER SHEET filed..(Vasilescu, Alexander) |
| Filing 1 COMPLAINT against Paul R Arena, Nathaniel T Bradley, Parallax Health Sciences, Inc.. Document filed by United States Securities and Exchange Commission..(Vasilescu, Alexander) |
Access additional case information on PACER
Use the links below to access additional information about this case on the US Court's PACER system. A subscription to PACER is required.
Access this case on the New York Southern District Court's Electronic Court Filings (ECF) System
- Search for Party Aliases
- Associated Cases
- Attorneys
- Case File Location
- Case Summary
- Docket Report
- History/Documents
- Parties
- Related Transactions
- Check Status
Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.
