“After two years of investigation, the completion of a discovery interval that resulted within the taking of greater than 20 depositions, and the alternate of over two million pages of paperwork and knowledge, the SEC is evidentiarily no nearer to proving that the defendants did something improper,” Terraform contended in its movement for abstract judgment – a proper request to Decide Jed Rakoff of the U.S. District Courtroom for the Southern District of New York that he determine the SEC hasn’t sufficiently demonstrated its case to justify a trial.
