big apple
DESCRIPTION
February 28, 2013 court hearingTRANSCRIPT
UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
ORLANDO DIVISION
U.S. SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
-vs- Case No. 6:09-cv-1963-Orl-28GJK
BIG APPLE CONSULTING USA, INC., MJMM Carl SchoepplINVESTMENTS, LLC, MARC JABLON, MATTHEW MAGUIRE Pro Se MARK C. KALEY Pro SeKEITH JABLON Pro Se
Defendants.______________________________________
JUDGE: John Antoon IIU.S. District Judge
DATE: February 28, 2013
DEPUTY
CLERK:Darleen Darley COURT
REPORTER:Amie First
COUNSEL FOR
PLTF.(S):Jeffrey T. Infelise and DuaneK. Thompson
COUNSEL FOR
DEFT.(S):See above for counsel
CIVIL CLERK’S MINUTESEVIDENTIARY HEARING ON REMEDIES PORTION OF TRIAL
9:05-9:30 a.m. Opening Statement by plaintiff.9:30-9:50 a.m. Opening Statement by defendants Big Apple Consulting, MJMM Investments and
Marc Jablon.Defendants advise the Court that they stipulate as to the penny stock bar and are willing to discuss stipulating to injunctive relief.
9:50-11:00 a.m. Court recesses to allow counsel and parties to discuss terms of stipulation and injunction.
11:00-11:05 a.m. Parties read stipulation into the record.With respect to the Defendants Marc Jablon, Big Apple and MJMM,
the parties have stipulated there will be a permanent penny stock bar. Defendants have agreed to a permanent injunction. There will be $5.4 million in disgorgement and prejudgment interest that will be jointly and severally
liable against Marc Jablon, Big Apple Consulting and MJMM Investments and a penalty, the amount to be determined after briefing by the parties. With respect to the defendant's Mark Kaley and Keith Jablon, they have stipulated
to a permanent injunction and a penalty in an amount to be determined by the Court after briefing. With respect to defendant Mark McGuire, a permanent penny stock bar, a permanent injunction and a penalty, again, to be determined by the Court after briefing. With these stipulations, there is no need for a hearing today.Court requests stipulations be filed in writing within ten days from today’s date.
11:10 a.m. Court adjourned.
Case 6:09-cv-01963-JA-GJK Document 221 Filed 02/28/13 Page 1 of 1 PageID 7417