U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23977 / November 1, 2017
Securities and Exchange Commission v. 235 Limited Liability Companies, No. 1:17-mc-23986-PCH (S.D. Fla., filed October 31, 2017)
SEC Seeks Order Against 235 Entities Affiliated with Woodbridge Group of Companies, LLC to Produce Documents to SEC
The Securities and Exchange Commission has filed a subpoena enforcement action against 235 limited liability companies (the "LLCs") based in Delaware and Colorado seeking an order requiring the production of documents.
According to the SEC's application and supporting papers, filed in federal court in Miami:
The SEC's application seeks an order from the federal district court compelling respondents to comply with the SEC's subpoenas. This is the SEC's second subpoena enforcement action in its continuing fact-finding investigation which, to date, has not concluded that any individual or entity has violated the federal securities laws.