SEC v. Amanda Flores, No. 3:20-cv-01864, Southern District of California (June 20, 2025) — Judgment

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UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
ONGKARUCK SRIPETCH; AMANDA
FLORES; BREHNEN KNIGHT;
ANDREW MCALPINE, ASHMIT
PATEL; MICHAEL WEXLER;
DOMINIC WILLIAMS; ADTRON INC.
a/k/a STOCKPALOOZA.COM; ATG
INC.; DOIT, LTD.; DOJI CAPITAL,
INC.; KING MUTUAL SOLUTIONS
INC.; OPTIMUS PRIME FINANCIAL
INC.; ORCA BRIDGE; REDLINE
INTERNATIONAL; and UAIM
CORPORATION,
Defendants.
 Case No.:  20-cv-01864-H-AGS

FINAL JUDGMENT AS TO
DEFENDANT AMANDA FLORES

The Securities and Exchange Commission having filed a Complaint and Defendant
Amanda Flores having entered a general appearance; consented to the Court’s jurisdiction
over  Defendant  and  the  subject  matter  of  this  action;  consented  to  entry  of  this  Final
Judgment  without  admitting  or  denying  the  allegations  of  the  Complaint  (except  as  to

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jurisdiction and except as otherwise provided herein in paragraph VIII); waived findings
of fact and conclusions of law; and waived any right to appeal from this Final Judgment:
I.
IT  IS  HEREBY  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant  is
permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of
the Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule
10b-5   promulgated   thereunder   [17   C.F.R.   §   240.10b-5],   by   using   any   means   or
instrumentality of interstate commerce, or of the mails, or of any facility of any national
securities exchange, in connection with the purchase or sale of any security:
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state a material
fact  necessary  in  order  to  make  the  statements  made,  in  the  light  of  the
circumstances under which they were made, not misleading; or
(c) to engage in any act, practice, or course of business which operates or would
operate as a fraud or deceit upon any person.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
II.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant  is
permanently  restrained  and  enjoined  from  violating  Sections  17(a)(1)  and  (3)  of  the
Securities Act of 1933 (the “Securities Act”) [15 U.S.C. § 77q(a)(1) & (3)] in the offer or
sale  of  any  security  by  the  use  of  any  means  or  instruments  of  transportation  or
communication in interstate commerce or by use of the mails, directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud; or

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(b) to engage in any transaction, practice, or course of business which operates or
would operate as a fraud or deceit upon the purchaser.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who  receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).
III.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant  is
permanently restrained and enjoined from violating Sections 5(a) and (c) of the Securities
Act [15 U.S.C. § 77e] by, directly or indirectly, in the absence of any applicable exemption:
(a) Unless a registration statement is in effect as to a security, making use of any
means  or  instruments  of  transportation  or  communication  in  interstate
commerce or of the mails to sell such security through the use or medium of
any prospectus or otherwise; or
(b) Making use of any means or instruments of transportation or communication
in interstate commerce or of the mails to offer to sell or offer to buy through
the  use  or  medium  of  any  prospectus  or  otherwise  any  security,  unless  a
registration statement has been filed with the Commission as to such security,
or while the registration statement is the subject of a refusal order or stop order
or  (prior  to  the  effective  date  of  the  registration  statement)  any  public
proceeding or examination under Section 8 of the Securities Act [15 U.S.C. §
77h].
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following
who receive  actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)
Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in
active concert or participation with Defendant or with anyone described in (a).

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IV.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that,  pursuant  to
Section  21(d)(2)  of  the  Exchange  Act  [15  U.S.C.  §  78u(d)(2)]  and  Section  20(e)  of  the
Securities Act [15 U.S.C. § 77t(e)], Defendant is prohibited from acting as an officer or
director of any issuer that has a class of securities registered pursuant to Section 12 of the
Exchange Act [15 U.S.C. § 78l] or that is required to file reports pursuant to Section 15(d)
of the Exchange Act [15 U.S.C. § 78o(d)].
V.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant  is
permanently barred from participating in an offering of penny stock, including engaging in
activities with a broker, dealer, or issuer for purposes of issuing, trading, or inducing or
attempting to induce the purchase or sale of any penny stock.  A penny stock is any equity
security that has a price of less than five dollars, except as provided in Rule 3a51-1 under
the Exchange Act [17 C.F.R. 240.3a51-1].
VI.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that  Defendant  is
liable for a civil penalty in the amount of $185,000.00 pursuant to pursuant to Section 20(d)
of the Securities Act [15 U.S.C. § 77t(d)] and Section 21(d)(3) of the Exchange Act [15
U.S.C. § 78u(d)(3)(B)].  Defendant must satisfy this obligation by paying $92,500.00 to
the Securities and Exchange Commission within 30 days after entry of this Final Judgment,
and  $92,500.00,  plus  post-judgment  interest,  within  12  months  of  entry  of  this  Final
Judgment.
Defendant  may  transmit  payment  electronically  to  the  Commission,  which  will
provide detailed ACH transfer/Fedwire instructions upon request.  Payment may also be
made   directly   from   a   bank   account   via   Pay.gov   through   the   SEC   website   at
http://www.sec.gov/about/offices/ofm.htm.    Defendant  may  also  pay  by  certified  check,
bank cashier’s check, or United States postal money order payable to the Securities and
Exchange Commission, which must be delivered or mailed to:

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and must  be  accompanied  by  a  letter  identifying  the  case  title,  civil  action  number,  and
name  of  this  Court;  Amanda  Flores  as  a  defendant  in  this  action;  and  specifying  that
payment is made pursuant to this Final Judgment.
Defendant must  simultaneously  transmit  photocopies  of  evidence  of  payment  and
case identifying information to the Commission’s counsel in this action.  By making this
payment,  Defendant  relinquishes  all  legal  and  equitable  right,  title,  and  interest  in  such
funds and no part of the funds will be returned to Defendant.
The Commission may enforce the Court’s judgment for penalties by the use of all
collection procedures authorized by law, including the Federal Debt Collection Procedures
Act, 28 U.S.C. § 3001 et seq., and moving for civil contempt for the violation of any Court
orders issued in this action.  Defendant must pay post judgment interest on any amounts
due after 30 days of the entry of this Final Judgment pursuant to 28 U.S.C. § 1961.  The
Commission will hold  the  funds,  together  with  any  interest  and  income  earned  thereon
(collectively, the “Fund”), pending further order of the Court.
The Commission may propose a plan to distribute the Fund subject to the Court’s
approval.  Such a plan may provide that the Fund will be distributed pursuant to the Fair
Fund  provisions  of  Section  308(a)  of  the  Sarbanes-Oxley  Act  of  2002.    The  Court  will
retain jurisdiction over the administration of any distribution of the Fund and the Fund may
only be disbursed pursuant to an Order of the Court.
Regardless of whether any such Fair Fund distribution is made, amounts ordered to
be paid as civil penalties pursuant to this Final Judgment will be treated as penalties paid
to the government for all purposes, including all tax purposes.  To preserve the deterrent
effect of the civil penalty, Defendant must not, after offset or reduction of any award of
compensatory damages in any Related Investor Action based on Defendant’s payment of

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penalty in this action, argue that she is entitled to, nor will she further benefit by, offset or
reduction of such compensatory damages award by the amount of any part of Defendant’s
payment  of  a  civil  penalty  in  this  action  (“Penalty  Offset”).    If  the  court  in  any  Related
Investor Action grants such a Penalty Offset, Defendant must, within 30 days after entry
of a final order granting the Penalty Offset, notify the Commission’s counsel in this action
and pay the amount of the Penalty Offset to the United States Treasury or to a Fair Fund,
as the Commission directs.  Such a payment will not be deemed an additional civil penalty
and will  not  be  deemed  to  change  the  amount  of  the  civil  penalty  imposed  in  this  Final
Judgment.  For purposes of this paragraph, a “Related Investor Action” means a private
damages action brought against Defendant by or on behalf of one or more investors based
on substantially the same facts as alleged in the Complaint in this action.
VII.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is
incorporated  herein  with  the  same  force  and  effect  as  if  fully  set  forth  herein,  and  that
Defendant must comply with all of the undertakings and agreements set forth therein.
VIII.
IT  IS  FURTHER  ORDERED,  ADJUDGED,  AND  DECREED  that,  solely  for
purposes of exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11
U.S.C.  §523,  the  allegations  in  the  complaint  are  true  and  admitted  by  Defendant,  and
further,  any  debt  for  disgorgement,  prejudgment  interest,  civil  penalty  or  other  amounts
due by Defendant under this Final Judgment or any other judgment, order, consent order,
decree or settlement agreement entered in connection with this proceeding, is a debt for the
violation by Defendant of the federal securities laws or any regulation or order issued under
such  laws,  as  set  forth  in  Section  523(a)(19)  of  the  Bankruptcy  Code,  11  U.S.C.
§523(a)(19).

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IX.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court will
retain  jurisdiction  of  this  matter  for  the  purposes  of  enforcing  the  terms  of  this  Final
Judgment.
X.
There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of
Civil Procedure, the Clerk is ordered to enter this Judgment forthwith and without further
notice.
 IT IS SO ORDERED.
DATED: January 8, 2024

       MARILYN L. HUFF, District Judge
       UNITED STATES DISTRICT COURT

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UNITED STATES DISTRICT COURT 

SOUTHERN DISTRICT OF CALIFORNIA 

 

SECURITIES AND EXCHANGE 
COMMISSION, 

Plaintiff, 

v. 

ONGKARUCK SRIPETCH; AMANDA 
FLORES; BREHNEN KNIGHT; 
ANDREW MCALPINE, ASHMIT 
PATEL; MICHAEL WEXLER; 
DOMINIC WILLIAMS; ADTRON INC. 
a/k/a STOCKPALOOZA.COM; ATG 
INC.; DOIT, LTD.; DOJI CAPITAL, 
INC.; KING MUTUAL SOLUTIONS 
INC.; OPTIMUS PRIME FINANCIAL 
INC.; ORCA BRIDGE; REDLINE 
INTERNATIONAL; and UAIM 
CORPORATION, 

Defendants. 

 Case No.:  20-cv-01864-H-AGS 
 
FINAL JUDGMENT AS TO 
DEFENDANT AMANDA FLORES 
 
 

 
The Securities and Exchange Commission having filed a Complaint and Defendant 

Amanda Flores having entered a general appearance; consented to the Court’s jurisdiction 

over Defendant and the subject matter of this action; consented to entry of this Final 

Judgment without admitting or denying the allegations of the Complaint (except as to 

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jurisdiction and except as otherwise provided herein in paragraph VIII); waived findings 

of fact and conclusions of law; and waived any right to appeal from this Final Judgment: 

I. 

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of 

the Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 

10b-5 promulgated thereunder [17 C.F.R. § 240.10b-5], by using any means or 

instrumentality of interstate commerce, or of the mails, or of any facility of any national 

securities exchange, in connection with the purchase or sale of any security: 

(a) to employ any device, scheme, or artifice to defraud;  

(b) to make any untrue statement of a material fact or to omit to state a material 

fact necessary in order to make the statements made, in the light of the 

circumstances under which they were made, not misleading; or 

(c) to engage in any act, practice, or course of business which operates or would 

operate as a fraud or deceit upon any person. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

II. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating Sections 17(a)(1) and (3) of the 

Securities Act of 1933 (the “Securities Act”) [15 U.S.C. § 77q(a)(1) & (3)] in the offer or 

sale of any security by the use of any means or instruments of transportation or 

communication in interstate commerce or by use of the mails, directly or indirectly: 

(a) to employ any device, scheme, or artifice to defraud; or 

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(b) to engage in any transaction, practice, or course of business which operates or 

would operate as a fraud or deceit upon the purchaser. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

III. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently restrained and enjoined from violating Sections 5(a) and (c) of the Securities 

Act [15 U.S.C. § 77e] by, directly or indirectly, in the absence of any applicable exemption: 

(a) Unless a registration statement is in effect as to a security, making use of any 

means or instruments of transportation or communication in interstate 

commerce or of the mails to sell such security through the use or medium of 

any prospectus or otherwise; or 

(b) Making use of any means or instruments of transportation or communication 

in interstate commerce or of the mails to offer to sell or offer to buy through 

the use or medium of any prospectus or otherwise any security, unless a 

registration statement has been filed with the Commission as to such security, 

or while the registration statement is the subject of a refusal order or stop order 

or (prior to the effective date of the registration statement) any public 

proceeding or examination under Section 8 of the Securities Act [15 U.S.C. § 

77h]. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following 

who receive actual notice of this Final Judgment by personal service or otherwise: (a) 

Defendant’s officers, agents, servants, employees, and attorneys; and (b) other persons in 

active concert or participation with Defendant or with anyone described in (a). 

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IV. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, pursuant to 

Section 21(d)(2) of the Exchange Act [15 U.S.C. § 78u(d)(2)] and Section 20(e) of the 

Securities Act [15 U.S.C. § 77t(e)], Defendant is prohibited from acting as an officer or 

director of any issuer that has a class of securities registered pursuant to Section 12 of the 

Exchange Act [15 U.S.C. § 78l] or that is required to file reports pursuant to Section 15(d) 

of the Exchange Act [15 U.S.C. § 78o(d)]. 

V. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is 

permanently barred from participating in an offering of penny stock, including engaging in 

activities with a broker, dealer, or issuer for purposes of issuing, trading, or inducing or 

attempting to induce the purchase or sale of any penny stock.  A penny stock is any equity 

security that has a price of less than five dollars, except as provided in Rule 3a51-1 under 

the Exchange Act [17 C.F.R. 240.3a51-1]. 

VI. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is 

liable for a civil penalty in the amount of $185,000.00 pursuant to pursuant to Section 20(d) 

of the Securities Act [15 U.S.C. § 77t(d)] and Section 21(d)(3) of the Exchange Act [15 

U.S.C. § 78u(d)(3)(B)].  Defendant must satisfy this obligation by paying $92,500.00 to 

the Securities and Exchange Commission within 30 days after entry of this Final Judgment, 

and $92,500.00, plus post-judgment interest, within 12 months of entry of this Final 

Judgment. 

Defendant may transmit payment electronically to the Commission, which will 

provide detailed ACH transfer/Fedwire instructions upon request.  Payment may also be 

made directly from a bank account via Pay.gov through the SEC website at 

http://www.sec.gov/about/offices/ofm.htm.  Defendant may also pay by certified check, 

bank cashier’s check, or United States postal money order payable to the Securities and 

Exchange Commission, which must be delivered or mailed to: 

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Enterprise Services Center 

Accounts Receivable Branch 

6500 South MacArthur Boulevard 

Oklahoma City, OK 73169 

and must be accompanied by a letter identifying the case title, civil action number, and 

name of this Court; Amanda Flores as a defendant in this action; and specifying that 

payment is made pursuant to this Final Judgment.   

Defendant must simultaneously transmit photocopies of evidence of payment and 

case identifying information to the Commission’s counsel in this action.  By making this 

payment, Defendant relinquishes all legal and equitable right, title, and interest in such 

funds and no part of the funds will be returned to Defendant.   

The Commission may enforce the Court’s judgment for penalties by the use of all 

collection procedures authorized by law, including the Federal Debt Collection Procedures 

Act, 28 U.S.C. § 3001 et seq., and moving for civil contempt for the violation of any Court 

orders issued in this action.  Defendant must pay post judgment interest on any amounts 

due after 30 days of the entry of this Final Judgment pursuant to 28 U.S.C. § 1961.  The 

Commission will hold the funds, together with any interest and income earned thereon 

(collectively, the “Fund”), pending further order of the Court. 

The Commission may propose a plan to distribute the Fund subject to the Court’s 

approval.  Such a plan may provide that the Fund will be distributed pursuant to the Fair 

Fund provisions of Section 308(a) of the Sarbanes-Oxley Act of 2002.  The Court will 

retain jurisdiction over the administration of any distribution of the Fund and the Fund may 

only be disbursed pursuant to an Order of the Court.    

Regardless of whether any such Fair Fund distribution is made, amounts ordered to 

be paid as civil penalties pursuant to this Final Judgment will be treated as penalties paid 

to the government for all purposes, including all tax purposes.  To preserve the deterrent 

effect of the civil penalty, Defendant must not, after offset or reduction of any award of 

compensatory damages in any Related Investor Action based on Defendant’s payment of 

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penalty in this action, argue that she is entitled to, nor will she further benefit by, offset or 

reduction of such compensatory damages award by the amount of any part of Defendant’s 

payment of a civil penalty in this action (“Penalty Offset”).  If the court in any Related 

Investor Action grants such a Penalty Offset, Defendant must, within 30 days after entry 

of a final order granting the Penalty Offset, notify the Commission’s counsel in this action 

and pay the amount of the Penalty Offset to the United States Treasury or to a Fair Fund, 

as the Commission directs.  Such a payment will not be deemed an additional civil penalty 

and will not be deemed to change the amount of the civil penalty imposed in this Final 

Judgment.  For purposes of this paragraph, a “Related Investor Action” means a private 

damages action brought against Defendant by or on behalf of one or more investors based 

on substantially the same facts as alleged in the Complaint in this action. 

VII. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is 

incorporated herein with the same force and effect as if fully set forth herein, and that 

Defendant must comply with all of the undertakings and agreements set forth therein. 

VIII. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for 

purposes of exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 

U.S.C. §523, the allegations in the complaint are true and admitted by Defendant, and 

further, any debt for disgorgement, prejudgment interest, civil penalty or other amounts 

due by Defendant under this Final Judgment or any other judgment, order, consent order, 

decree or settlement agreement entered in connection with this proceeding, is a debt for the 

violation by Defendant of the federal securities laws or any regulation or order issued under 

such laws, as set forth in Section 523(a)(19) of the Bankruptcy Code, 11 U.S.C. 

§523(a)(19). 

 

 

 

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IX. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court will 

retain jurisdiction of this matter for the purposes of enforcing the terms of this Final 

Judgment. 

X. 

There being no just reason for delay, pursuant to Rule 54(b) of the Federal Rules of 

Civil Procedure, the Clerk is ordered to enter this Judgment forthwith and without further 

notice. 

 IT IS SO ORDERED. 

DATED: January 8, 2024 
                                                                             
       MARILYN L. HUFF, District Judge 
       UNITED STATES DISTRICT COURT 

Case 3:20-cv-01864-H-BGS   Document 124   Filed 01/08/24   PageID.1259   Page 7 of 7