As per an order made final month, the SEC vs. Saivian trial has been scheduled for March thirtieth, 2021 (not a typo).
Saivian was a Ponzi scheme launched in 2015. The SEC sued Saivian and proprietor Eric J. Dalius again in November 2018.
A March 2021 trial date places us at two years and 4 months because the SEC filed their lawsuit.
Earlier this 12 months it appeared a settlement is perhaps on the horizon, nevertheless as of but nothing has materialized.
There’s after all loads of time between now and March 2021 for a settlement to be reached. Failing which it’s going to be an extended wait but to see Dalius steamrolled in court docket.
Apart from a settlement announcement I’m not anticipating any important case updates between now and the trial. There is perhaps some bickering between the events relating to discovery and procedures however that’s about it.
We’ll proceed to verify the SEC vs. Saivian case docket month-to-month. Any important updates shall be printed beneath.
Replace seventh October 2020 – As a result of fears Dalius’ attorneys would possibly contract COVID-19, the Saivian trial has been pushed again once more to November 2021.
Replace thirty first July 2021 – Following failed mediation proceedings, a new September 2022 trial date has been set.
Replace seventh Might 2021 – Pending the result of mediation, the scheduled Novemeber trial date has been adjourned.