SEC v. TREVOR R. MILTON, No. 1:21-cv-06445, Southern District of New York (Sept. 11, 2025)
raw: SEC v. TREVOR R. MILTON
SEC v. TREVOR R. MILTON, No. 1:21-cv-06445 (Sept. 11, 2025)
summary
Trevor R. Milton and the SEC entered a joint stipulation to dismiss a civil enforcement action with prejudice, involving a waiver of legal fee reimbursements.
paragraph
The SEC and defendant Trevor R. Milton agreed to dismiss the civil action filed on July 29, 2021, with prejudice. The dismissal was executed without costs or fees being assessed to either party. As part of the agreement, Milton waived all rights to seek reimbursement for attorney's fees or other expenses under the Equal Access to Justice Act.
narrative
The United States Securities and Exchange Commission and Trevor R. Milton entered into a joint stipulation to dismiss the civil enforcement action (Case No. 1:21-cv-6445) with prejudice. The original complaint was filed on July 29, 2021, and the dismissal covers the conduct alleged in that complaint through the date of the stipulation. Under the terms of the agreement, the parties agreed to dismiss the case without costs or fees to either party. Milton waived all rights to seek reimbursement for legal fees or expenses from the United States under the Equal Access to Justice Act. Additionally, the defendant released all claims and causes of action against the Commission and its officers arising from the investigation. The stipulation was officially signed by counsel for both parties on September 10, 2025.
Classified corporate-fraud(confidence 70%). EDGAR detection: forms 10-K/10-Q/8-K· recall 56% / precision 8%. detection rule →
Parties
Securities and Exchange CommissionTrevor R. Milton
Keywords
civil actioncommissionactionciviltrevor miltonsecurities exchangeexchange commissionstipulationtrevormiltonsecuritiesexchangesecwhereascommission trevor
Extracted insights
Entities 7
- person brad bondi
- person civil action
- agency counsel for plaintiff, securities and exchange commission
- agency director, division of enforcement, securities and exchange commission
- person marc l. mukasey
- person nikolay v. vydashenko
- agency United States Securities And Exchange Commission
Triples 12
- United States Securities and Exchange Commission filed its complaint on July 29, 2021
- Commission believes dismissal of this case is appropriate
- Commission and Defendant agree to have the Civil Action dismissed
- Commission and Defendant stipulate that the Civil Action be dismissed with prejudice
- Defendant waives and releases any and all rights under the Equal Access to Justice Act and related statutes
- Defendant waives and releases any and all claims against the Commission and its officers
- Margaret a. Ryan is Director, Division of Enforcement, Securities and Exchange Commission
- Nikolay v. Vydashenko is counsel for Plaintiff, Securities and Exchange Commission
- Brad Bondi is counsel for Plaintiff, Securities and Exchange Commission
- Marc L. Mukasey is counsel for Defendant Trevor Milton
- Stipulation was dated September 10, 2025
- Civil Action is No. 1:21-cv-6445
Text layers
Extracted body text (3,117c)
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. TREVOR R. MILTON, Defendant. Civil Action No. 1:21-cv-6445 JOINT STIPULATION TO DISMISS AND RELEASES Plaintiff United States Securities and Exchange Commission (the “Commission”) and Defendant Trevor R. Milton (“Defendant”) respectfully submit this joint stipulation (“Stipulation”). WHEREAS the Commission filed its complaint in this civil enforcement action (the “Civil Action”) on July 29, 2021. WHEREAS, in the exercise of its discretion, the Commission believes the dismissal of this case is appropriate. WHEREAS the Commission’s decision to seek dismissal of the Civil Action does not necessarily reflect the Commission’s position on any other case. WHEREAS, by this Stipulation, the Commission and the Defendant agree to have the Civil Action dismissed. --- NOW, THEREFORE, 1. Pursuant to FED.R.CIV.P. 41(a)(1)(A)(ii), the Commission and the Defendant stipulate that the Civil Action be dismissed with prejudice as to the conduct alleged in the Complaint through the date of the filing of this Stipulation, and without costs or fees to either party. 2. Defendant, for himself and any of his agents, attorneys, employees, or representatives, hereby waives and releases: a. Any and all rights under the Equal Access to Justice Act, the Small Business Regulatory Enforcement Fairness Act of 1996, or any other provision of law to seek from the United States, or any agency, or any official of the United States acting in his or her official capacity, directly or indirectly, reimbursement of attorney's fees or other fees, expenses, or costs expended by Defendant that in any way relate to the Civil Action, including but not limited to investigative steps taken prior to commencing the Civil Action. b. Any and all claims, demands, rights, and causes of action of every kind and nature, asserted or unasserted, against the Commission and its present and former officers or employees that arise from or in any way relate to the Civil Action, including but not limited to investigative steps taken prior to commencing the Civil Action. 3. Each of the undersigned represents that they have the authority to execute this Stipulation on behalf of the party so indicated. --- STIPULATED AND AGREED Margaret A. Ryan Director, Division of Enforcement Securities and Exchange Commission 100 F Street NE Washington, DC 20549 Nikolay V. Vydashenko Keefe M. Bernstein, admitted pro hac vice Securities and Exchange Commission 801 Cherry Street, Suite 1900 Fort Worth, Texas 76102 Tel: (817) 900-2638 (Vydashenko) [email protected] Tel: (817) 900-2607 (Bernstein) [email protected] Counsel for Plaintiff Securities and Exchange Commission Dated: September 10, 2025 Brad Bondi Paul Hastings LLP 2050 M Street NW Washington, DC 20036 Tel: (202) 551-1701 [email protected] Marc L. Mukasey MUKASEY YOUNG LLP 570 Lexington Avenue, Suite 3500 New York, NY 10022 Tel: (212) 466-6406 [email protected] Counsel for Defendant Trevor Milton Dated: September 10, 2025
OCR text (3,117c · tika+glm · 85% conf)
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. TREVOR R. MILTON, Defendant. Civil Action No. 1:21-cv-6445 JOINT STIPULATION TO DISMISS AND RELEASES Plaintiff United States Securities and Exchange Commission (the “Commission”) and Defendant Trevor R. Milton (“Defendant”) respectfully submit this joint stipulation (“Stipulation”). WHEREAS the Commission filed its complaint in this civil enforcement action (the “Civil Action”) on July 29, 2021. WHEREAS, in the exercise of its discretion, the Commission believes the dismissal of this case is appropriate. WHEREAS the Commission’s decision to seek dismissal of the Civil Action does not necessarily reflect the Commission’s position on any other case. WHEREAS, by this Stipulation, the Commission and the Defendant agree to have the Civil Action dismissed. --- NOW, THEREFORE, 1. Pursuant to FED.R.CIV.P. 41(a)(1)(A)(ii), the Commission and the Defendant stipulate that the Civil Action be dismissed with prejudice as to the conduct alleged in the Complaint through the date of the filing of this Stipulation, and without costs or fees to either party. 2. Defendant, for himself and any of his agents, attorneys, employees, or representatives, hereby waives and releases: a. Any and all rights under the Equal Access to Justice Act, the Small Business Regulatory Enforcement Fairness Act of 1996, or any other provision of law to seek from the United States, or any agency, or any official of the United States acting in his or her official capacity, directly or indirectly, reimbursement of attorney's fees or other fees, expenses, or costs expended by Defendant that in any way relate to the Civil Action, including but not limited to investigative steps taken prior to commencing the Civil Action. b. Any and all claims, demands, rights, and causes of action of every kind and nature, asserted or unasserted, against the Commission and its present and former officers or employees that arise from or in any way relate to the Civil Action, including but not limited to investigative steps taken prior to commencing the Civil Action. 3. Each of the undersigned represents that they have the authority to execute this Stipulation on behalf of the party so indicated. --- STIPULATED AND AGREED Margaret A. Ryan Director, Division of Enforcement Securities and Exchange Commission 100 F Street NE Washington, DC 20549 Nikolay V. Vydashenko Keefe M. Bernstein, admitted pro hac vice Securities and Exchange Commission 801 Cherry Street, Suite 1900 Fort Worth, Texas 76102 Tel: (817) 900-2638 (Vydashenko) [email protected] Tel: (817) 900-2607 (Bernstein) [email protected] Counsel for Plaintiff Securities and Exchange Commission Dated: September 10, 2025 Brad Bondi Paul Hastings LLP 2050 M Street NW Washington, DC 20036 Tel: (202) 551-1701 [email protected] Marc L. Mukasey MUKASEY YOUNG LLP 570 Lexington Avenue, Suite 3500 New York, NY 10022 Tel: (212) 466-6406 [email protected] Counsel for Defendant Trevor Milton Dated: September 10, 2025