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Re: @realToothFairy post# 119614

Wednesday, 08/26/2020 10:23:13 PM

Wednesday, August 26, 2020 10:23:13 PM

Post# of 122024
Hemp, Inc. is not implicated.
The SEC did not move for sanctions against defendant Hemp, Inc. I thus will not construe Judge Leen’s order to impose sanctions on it. The SEC provides several reasons why Hemp, Inc. should also be precluded from introducing the loan documents, but these arguments were not litigated before Magistrate Judge Leen. I cannot, and will not, conclusively determine that Hemp, Inc. is precluded from introducing evidence in the context of this limited review of whether Judge Leen’s order was clearly erroneous or contrary to law. So I deny the SEC’s request in this regard without prejudice to its ability to reurge it at the proper time.