Disposition notice
On October 23, 2026, Chief U.S. District Judge Dolly M. Gee of the U.S. District Court for the Central District of California entered a final judgment as to defendant Christopher W. Abshier in Securities and Exchange Commission v. Historic Asset Placement Services Global, LLC, No. 2:24-cv-10745-DMG-AYP. Abshier consented to the judgment without admitting the complaint's allegations, except as to jurisdiction and as provided in paragraph VII, and waived findings of fact, conclusions of law, and any right to appeal. The judgment permanently enjoins him from violating Exchange Act Section 10(b) and Rule 10b-5 and from impeding direct communications with SEC staff under Rule 21F-17(a). It also permanently restrains and enjoins him from directly or indirectly participating in the issuance, purchase, offer, or sale of any security, except that the injunction does not prevent him from purchasing or selling securities listed on a national securities exchange for his own personal account. Abshier must pay a $118,225 civil penalty in four installments: $17,734 within 30 days and three payments of $33,497 due within 120, 240, and 360 days. A missed payment can make the outstanding balance immediately due at the discretion of the staff of the Commission without further application to the Court. Solely for Bankruptcy Code Section 523 discharge exceptions, the complaint's allegations are deemed true and admitted. The court retained enforcement jurisdiction and directed the Clerk under Rule 54(b) to enter the judgment forthwith and without further notice.