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UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEYSECURITIES AND EXCHANGE COMMISSION, Plaintiff, v.DWAYNE EDWARDS; TODD BARKER; SENIOR SOLUTIONS OF SOCIAL CIRCLE, LLC; OXT ON PLACE OF DOUGLAS, LLC,
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Relief defendants are individuals or entities who are not accused of wrongdoing themselves, but who have received ill-gotten gains as a result of the alleged wrongdoing of others.
Parties who have received profits or benefits from fraudulent activities but did not participate in the wrongdoing may be required to file as relief defendants.
Relief defendants must disclose the funds or assets they have received as a result of the alleged fraudulent activities in the appropriate legal documents.
The purpose of relief defendants is to prevent unjust enrichment and ensure that funds obtained through fraudulent activities are returned to their rightful owners.
Relief defendants must report all funds or assets they have received that are connected to the alleged fraudulent activities, including the source and amount of the funds.
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