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S.E.C. v. MANNION

No. 1:10-cv-3374-WSD.

789 F.Supp.2d 1321 (2011)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. Paul T. MANNION, Jr., Andrew S. Reckles, PEF Advisors Ltd., and PEF Advisors LLC, Defendants, Palisades Master Fund, L.P., Relief Defendant.

United States District Court, N.D. Georgia, Atlanta Division.

June 2, 2011.

Attorney(s) appearing for the Case

Adam S. Aderton, David Williams, Julie M. Riewe, Robert B. Kaplan, Scott W. Friestad, Securities and Exchange Commission, Washington, DC, Madison Graham Loomis, Securities & Exchange Commission, Atlanta, GA, for Plaintiff.

Matthew B. Bowman, Richard James Mitchell, Stavroula E. Lambrakopoulos, Stephen J. Crimmins, K & L Gates, Washington, DC, Ross A. Albert, Morris Manning & Martin, Atlanta, GA, for Defendants.

OPINION AND ORDER

WILLIAM S. DUFFEY, JR., District Judge.

This matter is before the Court on Paul T. Mannion, Jr. ("Mannion"), Andrew S. Reckles ("Reckles"), PEF Advisors Ltd., and PEF Advisors LLC's (collectively, "Defendants") Motion to Dismiss [18] the Complaint [1] filed by Plaintiff Securities and Exchange Commission ("SEC"), and on Defendants' Motion for Oral Argument [19]. For the reasons set forth below, the Court denies both motions.

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