On Thursday, Matthew Aaron Ford, an attorney for Gentile, told Law360 via email that his team and client were “pleased with Judge Bloom’s denial of the SEC’s improper request for the issuance of an ‘obey the law’ injunction,” referencing Judge Torres’ finding that the SEC’s request to enjoin Gentile from future violations of federal securities law would do “little more than order the defendant to obey the law.”
Ford described the injunction denial as “part of a mounting judicial trend of declining to impose these unlawful restraints on liberty.”