Securities and Exchange Commission v. Pierre
- John Cronan
- 1:19-cv-10299
- U.S. District Court · Southern District of New York
- 2
In Securities and Exchange Commission v. Pierre, Judge Cronan scheduled a status conference after Pierre’s criminal conviction was affirmed.
The Securities and Exchange Commission, Defendant Ruless Pierre, and relief defendant R. Pierre Consulting Group LLC; the order also directed the Commission to arrange Pierre’s telephone appearance.
What happened
In Securities and Exchange Commission v. Pierre, the court noted that the Second Circuit had affirmed Defendant Ruless Pierre’s criminal conviction on February 20, 2024.
The court scheduled a telephone status conference for April 16, 2024, to discuss whether to lift the stay that had been entered while Pierre’s appeal was pending. The order did not decide whether the stay should be lifted or resolve the underlying case.
Judge John P. Cronan directed the Securities and Exchange Commission to serve the order on Pierre, file proof of service, and work with prison staff to arrange Pierre’s telephone appearance.
The detailed version
- Securities and Exchange Commission v. Pierre · No. 1:19-cv-10299
- John Cronan
- Apr. 8, 2024
Background
The Securities and Exchange Commission brought this case against Ruless Pierre. R. Pierre Consulting Group LLC is identified in the caption as a relief defendant. The opinion states that the court had previously stayed this case while Pierre’s criminal appeal was pending. On February 20, 2024, the Second Circuit affirmed Pierre’s criminal conviction.
Court’s Action
Because the criminal appeal had been resolved, the court scheduled a telephone status conference for April 16, 2024, at 3:00 p.m. The parties were directed to be prepared to discuss whether the court should lift the previously entered stay. The order did not state that the stay was lifted, and it did not resolve the underlying claims.
The court directed the Securities and Exchange Commission to serve the order on Pierre by April 10, 2024, using any available email addresses, by emailing Pierre’s counsel in the recent Second Circuit appeal, and by overnight mail to the correctional address listed in the order. The Commission was also directed to file proof of service and work with staff at the facility to arrange Pierre’s telephone appearance at the conference.
Disposition
The court entered an order scheduling the status conference and issuing service and appearance directions. Judge John P. Cronan did not rule in this order on whether to lift the stay or on the merits of the Securities and Exchange Commission’s case.
Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.