2026-03-30 sec-litreleases judgment 222 KB 10,868 chars

SEC v. HENRY ABDO, Southern District of Florida (Mar. 30, 2026) — Judgment

raw: SEC v. TITANIUM CAPITAL LLC

SEC v. TITANIUM CAPITAL LLC (Mar. 30, 2026)

Caption: Securities and Exchange Commission v. Henry Abdo

Enriched metadata

Scheme: investment-adviser-fraud (95%)
Court: Southern District of Florida
Disgorgement: $2,920,668

Classified investment-adviser-fraud(confidence 95%). EDGAR detection: forms ADV/ADV-E/ADV-W/Form D· recall 33% / precision 13%. detection rule →

Extracted insights

Dollar amounts 5

$3.01M $3,013,122 $1M–$10M
$3.01M $3,013,122 $1M–$10M
$2.92M $2,920,668 $1M–$10M
$468K $467,933 $100K–$1M
$375K $375,479 $100K–$1M

Entities 2

person henry abdo
agency Securities and Exchange Commission

Triples 8

Securities and Exchange Commission filed suit against Titanium Capital LLC, Henry Abdo, and Carol Ann Barsh
Henry Abdo is permanently restrained from violating Section 10(b) of the Exchange Act and Rule 10b-5
Henry Abdo is permanently restrained from violating Section 17(a) of the Securities Act of 1933
Henry Abdo is permanently restrained from violating Section 5 of the Securities Act
Henry Abdo is permanently restrained from participating in the issuance, purchase, offer, or sale of any security
Henry Abdo verb is liable, jointly and severally with Titanium Capital LLC, for disgorgement of $2,920,668
Henry Abdo is liable for prejudgment interest of $467,933
Henry Abdo is liable for a total of $3,013,122

PDF

SEC v. TITANIUM CAPITAL LLC · Source

Text layers

Extracted body text (10,868c)

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

CASE NO.: 23-CV-81558-WPD

SECURITIES AND EXCHANGE
COMMISSION,

Plaintiff,

TITANIUM CAPITAL LLC, HENRY
ABDO, and CAROL ANN BARSH,

Defendants, and

ELIAS HALIM ABDO and GANNA
MIGULINA,

Relief Defendants.

FINAL JUDGMENT AGAINST DEFENDANT HENRY ABDO

THIS CAUSE is before the Court upon the Court’s Order Granting SEC’s Motion for

Summary Judgment against Defendant Henry Abdo, entered today by separate order. Pursuant

to Fed. R. Civ. P. 58(a), the Court enters this separate final judgment as follows:

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is

permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the

Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5

promulgated thereunder [17 C.F.R. § 240.10b-5], by using any means or instrumentality of

interstate commerce, or of the mails, or of any facility of any national securities exchange, in

connection with the purchase or sale of any security:

(a) to employ any device, scheme, or artifice to defraud;

(b) to make any untrue statement of a material fact or to omit to state a material fact

necessary in order to make the statements made, in the light of the circumstances

under which they were made, not misleading; or

operate as a fraud or deceit upon any person.

by, directly or indirectly, (i) creating a false appearance or otherwise deceiving any person, or (ii)

disseminating false or misleading documents, materials, or information or making, either orally

or in writing, any false or misleading statement in any communication with any investor or

prospective investor, about:

(A) any investment strategy or investment in securities,

(B) the prospects for success of any product or company,

(D) the misappropriation of investor funds or investment proceeds.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers,

agents, servants, employees, and attorneys; and (b) other persons in active concert or

participation with Defendant or with anyone described in (a).

II.

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant

is permanently restrained and enjoined from violating Section 17(a) of the Securities Act of 1933

(the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any security by the use of any

means or instruments of transportation or communication in interstate commerce or by use of the

mails, directly or indirectly:

(a) to employ any device, scheme, or artifice to defraud;

(b) to obtain money or property by means of any untrue statement of a material fact

or any omission of a material fact necessary in order to make the statements

made, in light of the circumstances under which they were made, not misleading;

would operate as a fraud or deceit upon the purchaser.

by, directly or indirectly, (i) creating a false appearance or otherwise deceiving any person, or (ii)

disseminating false or misleading documents, materials, or information or making, either orally

or in writing, any false or misleading statement in any communication with any investor or

prospective investor, about:

(A) any investment strategy or investment in securities,

(B) the prospects for success of any product or company,

(D) the misappropriation of investor funds or investment proceeds.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers,

agents, servants, employees, and attorneys; and (b) other persons in active concert or

participation with Defendant or with anyone described in (a).

III.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant

is permanently restrained and enjoined from violating Section 5 of the Securities Act [15 U.S.C.

§ 77e] by, directly or indirectly, in the absence of any applicable exemption:

(a) Unless a registration statement is in effect as to a security, making use of any

means or instruments of transportation or communication in interstate commerce

or of the mails to sell such security through the use or medium of any prospectus

or otherwise;

(b) Unless a registration statement is in effect as to a security, carrying or causing to

be carried through the mails or in interstate commerce, by any means or

instruments of transportation, any such security for the purpose of sale or for

delivery after sale; or

interstate commerce or of the mails to offer to sell or offer to buy through the use

or medium of any prospectus or otherwise any security, unless a registration

statement has been filed with the Commission as to such security, or while the

registration statement is the subject of a refusal order or stop order or (prior to the

effective date of the registration statement) any public proceeding or examination

under Section 8 of the Securities Act [15 U.S.C. § 77h].

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers,

agents, servants, employees, and attorneys; and (b) other persons in active concert or

participation with Defendant or with anyone described in (a).

IV.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that pursuant to Sections

21(d)(1) and (5) of the Exchange Act [15 U.S.C. § 78u(d)(1) and (5)], and Section 20(b) of the

Securities Act [15 U.S.C. § 77t(b)], Defendant is permanently restrained and enjoined from

directly or indirectly, including, but not limited to, through any entity owned or controlled by

Defendant, participating in the issuance, purchase, offer, or sale of any security, provided,

however, that such injunction shall not prevent Defendant from purchasing or selling securities

for his own personal account.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

receive actual notice of this Judgment by personal service or otherwise: (a) Defendant’s officers,

agents, servants, employees, and attorneys; and (b) other persons in active concert or

participation with Defendant or with anyone described in (a).

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant

is liable, jointly and severally with Defendant Titanium Capital LLC (“Titanium”), for

disgorgement of $2,920,668, representing net profits gained as a result of the conduct alleged in

the Complaint, together with prejudgment interest thereon in the amount of $467,933, to be

offset by $375,479, the amount of restitution ordered against Abdo in United States v. Abdo, 23-

CR-80209-WPD (S.D. Fla.), for a total of $3,013,122. Defendant shall satisfy this obligation by

paying $3,013,122 to the Securities and Exchange Commission within 30 days after entry of this

Final Judgment.

Defendant may transmit payment electronically to the Commission, which will provide

detailed ACH transfer/Fedwire instructions upon request. Payment may also be made directly

from a bank account via Pay.gov through the SEC website at

http://www.sec.gov/about/offices/ofm.htm. Defendant may also pay by certified check, bank

cashier’s check, or United States postal money order payable to the Securities and Exchange

Commission, which shall be delivered or mailed to

Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169

and shall be accompanied by a letter identifying the case title, civil action number, and name of

this Court; Henry Abdo as a defendant in this action; and specifying that payment is made

pursuant to this Final Judgment.

Defendant shall simultaneously transmit photocopies of evidence of payment and case

identifying information to the Commission’s counsel in this action. By making this payment,

Defendant relinquishes all legal and equitable right, title, and interest in such funds, and no part

of the funds shall be returned to Defendant.

The Commission shall hold the funds (collectively, the “Fund”) until further order of this

Court. The SEC may propose a plan to distribute the Fund subject to the Court’s approval, and

the Court shall retain jurisdiction over the administration of any distribution of the Fund.

The Commission may enforce the Court’s judgment for disgorgement and prejudgment

interest by using all collection procedures authorized by law, including, but not limited to,

moving for civil contempt at any time after 30 days following entry of this Final Judgment.

http://www.sec.gov/about/offices/ofm.htm

Defendant shall pay post judgment interest on any amounts due after 30 days of entry of this

Final Judgment pursuant to 28 U.S.C. § 1961.

VI.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, solely for purposes

of exceptions to discharge set forth in Section 523 of the Bankruptcy Code, 11 U.S.C. § 523, the

allegations in the complaint are true and admitted by Defendant, and further, any debt for

disgorgement, prejudgment interest, civil penalty or other amounts due by Defendant under this

Final Judgment or any other judgment, order, consent order, decree or settlement agreement

entered in connection with this proceeding, is a debt for the violation by Defendant of the federal

securities laws or any regulation or order issued under such laws, as set forth in Section

523(a)(19) of the Bankruptcy Code, 11 U.S.C. § 523(a)(19).

VII.

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Clerk shall

CLOSE this case and DENY AS MOOT any pending motions. This Court shall retain jurisdiction

of this matter for the purposes of enforcing the terms of this Judgment. The Clerk shall mail a

copy of this order to Mr. Abdo.

DONE AND ORDERED in Chambers at Fort Lauderdale, Broward County, Florida,

this 4th day of March, 2026

Copies furnished to:

Counsel of record

Henry Abdo #87487-510
Inmate Mail
Oakdale FCI
P.O. Box 5000
Oakdale, La. 71463

FINAL JUDGMENT AGAINST DEFENDANT HENRY ABDO
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OCR text (11,891c · textlayer · 95% conf)