2025-04-24 sec-litreleases judgment 183 KB 3,593 chars

SEC v. Nova Labs, Inc., No. 1:25-cv-00539, Southern District of New York (Apr. 24, 2025) — Judgment

raw: SEC v. NOVA LABS

SEC v. NOVA LABS, No. 1:25-cv-00539 (S.D.N.Y. Apr. 24, 2025)

Caption
Securities and Exchange Commission v. Nova Labs, Inc.
summary

Nova Labs, Inc. agreed to a consent judgment with the SEC to pay a $200,000 civil penalty regarding alleged violations of the Securities Act.

paragraph

Nova Labs, Inc. entered into a proposed final judgment with the SEC to resolve allegations involving violations of the Securities Act. The defendant is ordered to pay a $200,000 civil penalty to the Securities and Exchange Commission. This settlement was reached without the defendant admitting or denying the allegations of the complaint.

narrative

The Securities and Exchange Commission filed a civil enforcement action against Nova Labs, Inc. in the U.S. District Court for the Southern District of New York. Under the terms of a proposed final judgment on consent, Nova Labs, Inc. agreed to pay a $200,000 civil penalty pursuant to Section 20(d) of the Securities Act. The defendant entered this judgment without admitting or denying the allegations contained in the SEC's complaint. The court ordered that the penalty must be paid within 30 days of the entry of the final judgment. Following this payment, all other claims and relief sought in the action were dismissed with prejudice. The court will retain jurisdiction over the matter solely for the purpose of enforcing the terms of the judgment.

Enriched metadata

Scheme
unregistered-securities (70%)
Court
Southern District of New York
Case No.
1:25-cv-00539
Outcome
settled
Civil penalty
$200,000
Classified unregistered-securities(confidence 70%). EDGAR detection: forms Form D/S-1· recall 41% / precision 30%. detection rule →
Statutes
15 U.S.C. § 77t(d)28 USC § 1961Section 20(d) of the Securities Act
Parties
Securities and Exchange CommissionNova Labs, Inc.
Keywords
nova labsfinalshallcommissionnovalabssecurities exchangeexchange commissionactionpaymententry finalfurther orderedordered adjudgedadjudged decreedsecurities

Extracted insights

Dollar amounts 1
  • $200K $200,000 $100K–$1M
Entities 2
  • person general appearance
  • company nova labs, inc.
Triples 14
  • Securities And Exchange Commission filed Complaint
  • Nova Labs, Inc. entered general appearance
  • Nova Labs, Inc. consented to Court’s jurisdiction over Defendant and the subject matter of this action
  • Nova Labs, Inc. consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint
  • Nova Labs, Inc. waived findings of fact and conclusions of law
  • Nova Labs, Inc. waived any right to appeal from this Final Judgment
  • Nova Labs, Inc. shall pay civil penalty in the amount of $200,000 to the Securities and Exchange Commission
  • Nova Labs, Inc. shall make payment within 30 days after entry of this Final Judgment
  • Commission shall send funds paid pursuant to this Final Judgment to the United States Treasury
  • Commission may enforce Court’s judgment for penalties by the use of all collection procedures authorized by law
  • Nova Labs, Inc. shall pay post-judgment interest on any amounts due after 30 days of the entry of this Final Judgment
  • Court incorporates Consent of Nova Labs, Inc., dated March 7, 2025
  • Court dismisses all other claims and relief sought in this action based on the conduct alleged in the Complaint through the date of this Final Judgment
  • Court shall retain jurisdiction of this matter solely for the purposes of enforcing the terms of this Final Judgment
Text layers
Extracted body text (3,593c)

1 
UNITED STATES DISTRICT COURT 
SOUTHERN DISTRICT OF NEW YORK 
SECURITIES AND EXCHANGE COMMISSION, 
Plaintiff,
C.A. No. 25-cv-00539 (MKV)
v.
NOVA LABS, INC. 
Defendant.
[PROPOSED] FINAL JUDGMENT ON CONSENT AS TO 
DEFENDANT NOVA LABS, INC.
The Securities and Exchange Commission having filed a Complaint and Defendant Nova 
Labs, Inc. having entered a general appearance; consented to the Court’s jurisdiction over 
Defendant and the subject matter of this action; consented to entry of this Final Judgment 
without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived 
findings of fact and conclusions of law; and waived 
any right to appeal from this Final Judgment: 
I. 
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant shall pay a 
civil penalty in the amount of $200,000 to the Securities and Exchange Commission pursuant to 
Section 20(d) of the Securities Act [15 U.S.C. § 77t(d)
].  Defendant shall make this payment 
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 
f
rom 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 
4/23/2025
USDC SDNY
DOCUMENT
ELECTRONICALLY FILED
DOC #: 
DATE FILED: 

2 
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; Nova Labs 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 
o
f the funds shall be returned to Defendant.  The Commission shall send the funds paid pursuant 
to this Final Judgment to the United States Treasury.  
The Commission may enforce the Court’s judgment for penalties by the use of all 
collection procedures authorized by law, including the Federal Debt Collection Procedures Act, 
28 U.S.C. §§ 3001 et seq., and moving for civil contempt for the violation of any Court orders 
issued in this action.  Defendant shall pay post-judgment interest on any amounts due after 30 
d
ays of the entry of this Final Judgment pursuant to 28 USC § 1961.   
II. 
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED the Consent of Nova 
Labs, Inc., dated March 7, 2025 (“Consent”), is incorporated herein with the same force and 
effect as if fully
 set forth herein, and that except as otherwise stated in this Final Judgment and 
the Consent, the Court hereby dismisses with prejudice all other claims and relief sought in this 
action based on the conduct alleged in the Complaint through the date of this Final Judgment. 

3 
III. 
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain 
jurisdiction of this matter solely for the purposes of 
enforcing the terms of this Final Judgment. 
Dated:  ________________, 2025 
New York, New York 
____________________________________ 
HON. MARY KAY VYSKOCIL 
UNITED STATES DISTRICT JUDGE
 
April 23
OCR text (3,781c · tika · 95% conf)
1 

UNITED STATES DISTRICT COURT 
SOUTHERN DISTRICT OF NEW YORK 

SECURITIES AND EXCHANGE COMMISSION, 

Plaintiff,
C.A. No. 25-cv-00539 (MKV)

v.

NOVA LABS, INC. 

Defendant.

[PROPOSED] FINAL JUDGMENT ON CONSENT AS TO 
DEFENDANT NOVA LABS, INC.

The Securities and Exchange Commission having filed a Complaint and Defendant Nova 

Labs, Inc. having entered a general appearance; consented to the Court’s jurisdiction over 

Defendant and the subject matter of this action; consented to entry of this Final Judgment 

without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived 

findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment: 

I. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant shall pay a 

civil penalty in the amount of $200,000 to the Securities and Exchange Commission pursuant to 

Section 20(d) of the Securities Act [15 U.S.C. § 77t(d)].  Defendant shall make this payment 

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 

4/23/2025

USDC SDNY

DOCUMENT

ELECTRONICALLY FILED

DOC #: 

DATE FILED: 

http://www.google.com/search?q=15+u.s.c.++77t(d)


2 

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; Nova Labs 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 send the funds paid pursuant 

to this Final Judgment to the United States Treasury.  

The Commission may enforce the Court’s judgment for penalties by the use of all 

collection procedures authorized by law, including the Federal Debt Collection Procedures Act, 

28 U.S.C. §§ 3001 et seq., and moving for civil contempt for the violation of any Court orders 

issued in this action.  Defendant shall pay post-judgment interest on any amounts due after 30 

days of the entry of this Final Judgment pursuant to 28 USC § 1961.   

II. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED the Consent of Nova 

Labs, Inc., dated March 7, 2025 (“Consent”), is incorporated herein with the same force and 

effect as if fully set forth herein, and that except as otherwise stated in this Final Judgment and 

the Consent, the Court hereby dismisses with prejudice all other claims and relief sought in this 

action based on the conduct alleged in the Complaint through the date of this Final Judgment. 

http://www.google.com/search?q=28+u.s.c.++3001
http://www.google.com/search?q=28+usc++1961


3 

III. 

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain 

jurisdiction of this matter solely for the purposes of enforcing the terms of this Final Judgment. 

Dated:  ________________, 2025 
New York, New York 

____________________________________ 
HON. MARY KAY VYSKOCIL 
UNITED STATES DISTRICT JUDGE 

April 23