2025-02-05 sec-litreleases judgment 101 KB 1,510 chars

SEC v. Joseph M. Laura; and Anthony R. Sichenzio, No. 1:18-cv-05075, Eastern District of New York (Feb. 5, 2025) — Judgment

raw: A Memorandum and Order of the Honorable Hector Gonzalez, United States District

A Memorandum and Order of the Honorable Hector Gonzalez, United States District, No. 1:18-cv-05075 (Feb. 5, 2025)

Caption
Securities and Exchange Commission of the United States v. Laura
Source PDF JSON
summary

Joseph M. Laura and Anthony R. Sichenzio were ordered by a federal court to pay millions in disgorgement, interest, and penalties following an SEC enforcement action.

paragraph

The court ordered Joseph M. Laura to pay $3,431,860 in disgorgement, $1,732,128 in prejudgment interest, and a $292,016 civil penalty. Anthony R. Sichenzio was ordered to pay $1,629,369 in disgorgement, $822,375 in prejudgment interest, and a $165,689 civil penalty. Both defendants are also liable for statutory post-judgment interest until their obligations are satisfied.

narrative

In a judgment entered on January 15, 2025, the U.S. District Court for the Eastern District of New York resolved an SEC enforcement action against Joseph M. Laura and Anthony R. Sichenzio. The court ordered Laura to pay $3,431,860 in disgorgement, $1,732,128 in prejudgment interest, and a $292,016 civil penalty. Sichenzio was similarly ordered to pay $1,629,369 in disgorgement, $822,375 in prejudgment interest, and a $165,689 civil penalty. Additionally, both defendants are required to pay post-judgment interest at the statutory rate until their respective judgments are fully satisfied. The memorandum and order was issued by the Honorable Hector Gonzalez. This final judgment concludes the litigation brought by the Securities and Exchange Commission.

Enriched metadata

Scheme
non-corporate (80%)
Court
Eastern District of New York
Case No.
1:18-cv-05075
Disgorgement
$1,732,128
Civil penalty
$1,629,369
Classified non-corporate(confidence 80%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Statutes
15 U.S.C. § 77q(a)15 U.S.C. § 78j(b)
Parties
Securities and Exchange CommissionJoseph M. LauraEarle Refining LLCSills Cummis & Gross P.C.Walter R EarleAnthony R. SichenzioDla Piper LLP (Us)Walter Gil de Rubio
Keywords
disgorgement prejudgmentprejudgment interestinterest civilcivil penaltypayinterestmemorandum orderorder honorablehonorable hectorhector gonzalezdisgorgementprejudgmentcivilpenaltypenalty ordering

Extracted insights

Dollar amounts 6
  • $3.43M $3,431,860 $1M–$10M
  • $1.73M $1,732,128 $1M–$10M
  • $1.63M $1,629,369 $1M–$10M
  • $822K $822,375 $100K–$1M
  • $292K $292,016 $100K–$1M
  • $166K $165,689 $100K–$1M
Entities 6
  • person Anthony R. Sichenzio
  • person hector gonzalez
  • person Joseph M. Laura
  • agency Securities and Exchange Commission
  • court united states district court eastern district of new york
  • organization United States District Court Eastern District Of New York
Triples 5
  • United States District Court Eastern District Of New York ordered Joseph M. Laura to pay $3,431,860 in disgorgement, $1,732,128 in prejudgment interest, and a civil penalty of $292,016
  • United States District Court Eastern District Of New York ordered Anthony R. Sichenzio to pay $1,629,369 in disgorgement, $822,375 in prejudgment interest, and a civil penalty of $165,689
  • United States District Court Eastern District Of New York ordered each Defendant to pay post-judgment interest at the statutory rate from the date judgment is entered until the date that he satisfies the judgment
  • Securities And Exchange Commission filed a complaint against Joseph M. Laura and Anthony R. Sichenzio
  • Hector Gonzalez issued a Memorandum and Order on January 15, 2025
PDF
A Memorandum and Order of the Honorable Hector Gonzalez, United States District · Source
Text layers
Extracted body text (1,510c) 
UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF NEW YORK
---------------------------------------------------------------X
SECURITIES AND EXCHANGE COMMISSION,

       Plaintiff,   JUDGMENT
  v.      18-cv-05075 (HG) (VMS)

JOSEPH M. LAURA and ANTHONY R.
SICHENZIO,

Defendants.
---------------------------------------------------------------X
A Memorandum and Order of the Honorable Hector Gonzalez, United States District
Judge, having been filed on January 15, 2025, ordering Laura to pay: (1) $3,431,860 in
disgorgement; (2) $1,732,128 in prejudgment interest; and (3) a civil penalty of $292,016;
ordering Sichenzio to pay: (1) $1,629,369 in disgorgement; (2) $822,375 in prejudgment interest;
and (3) a civil penalty of $165,689; and ordering each Defendant to pay post-judgment interest at
the statutory rate from the date judgment is entered until the date that he satisfies the judgment; it
is
ORDERED and ADJUDGED that Laura is ordered to pay: (1) $3,431,860 in
disgorgement; (2) $1,732,128 in prejudgment interest; and (3) a civil penalty of $292,016; that
Sichenzio is ordered to pay: (1) $1,629,369 in disgorgement; (2) $822,375 in prejudgment
interest; and (3) a civil penalty of $165,689; and that each Defendant is ordered to pay post-
judgment interest at the statutory rate from the date judgment is entered until the date that he
satisfies the judgment.
Dated:  Brooklyn, New York      Brenna B. Mahoney
January 16  , 2025     Clerk of Court

By: /s/ Jalitza Poveda
Deputy Clerk

11864

11865
OCR text (1,740c · tika · 95% conf) 
UNITED STATES DISTRICT COURT 
EASTERN DISTRICT OF NEW YORK 
---------------------------------------------------------------X  
SECURITIES AND EXCHANGE COMMISSION, 
 
       Plaintiff,   JUDGMENT 

  v.      18-cv-05075 (HG) (VMS) 
 
JOSEPH M. LAURA and ANTHONY R.  
SICHENZIO, 
 

Defendants. 
---------------------------------------------------------------X 

A Memorandum and Order of the Honorable Hector Gonzalez, United States District 

Judge, having been filed on January 15, 2025, ordering Laura to pay: (1) $3,431,860 in 

disgorgement; (2) $1,732,128 in prejudgment interest; and (3) a civil penalty of $292,016; 

ordering Sichenzio to pay: (1) $1,629,369 in disgorgement; (2) $822,375 in prejudgment interest; 

and (3) a civil penalty of $165,689; and ordering each Defendant to pay post-judgment interest at 

the statutory rate from the date judgment is entered until the date that he satisfies the judgment; it 

is 

ORDERED and ADJUDGED that Laura is ordered to pay: (1) $3,431,860 in 

disgorgement; (2) $1,732,128 in prejudgment interest; and (3) a civil penalty of $292,016; that 

Sichenzio is ordered to pay: (1) $1,629,369 in disgorgement; (2) $822,375 in prejudgment 

interest; and (3) a civil penalty of $165,689; and that each Defendant is ordered to pay post-

judgment interest at the statutory rate from the date judgment is entered until the date that he 

satisfies the judgment. 

Dated: Brooklyn, New York     Brenna B. Mahoney 
January 16, 2025     Clerk of Court 

 
By: /s/Jalitza Poveda 

Deputy Clerk 
 
 

Case 1:18-cv-05075-HG-VMS     Document 197     Filed 01/16/25     Page 1 of 2 PageID #:
11864



 

Case 1:18-cv-05075-HG-VMS     Document 197     Filed 01/16/25     Page 2 of 2 PageID #:
11865

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