Securities and Exchange Commission v. Aras Investment Business Group S.A.P.I. DE C.V. et al.

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF TEXAS EL PASO DIVISION

SECURITIES AND EXCHANGE § COMMISSION, § § Plaintiff, § § v. § CAUSE NO. EP-23-CV-353-KC § ARAS INVESTMENT BUSINESS § GROUP S.A.P.I. DE C.V. et al., § § Defendants. §

ORDER ADOPTING REPORT AND RECOMMENDATION OF THE MAGISTRATE JUDGE

On this day, the Court considered United States Magistrate Judge Anne T. Berton’s Report and Recommendation (“R&R”), ECF No. 41. On January 9, 2026, Plaintiff filed a Motion for Remedies and Entry of Final Judgment (“Motion”), ECF No. 39. On April 6, the Motion was referred to Judge Berton. Apr. 6, 2026, Text Order. Judge Berton filed the R&R on June 18, 2026, recommending that the Court grant Plaintiff’s Motion. Parties have fourteen days from a service of a Report and Recommendation of a United States Magistrate Judge to file written objections. See 28 U.S.C. § 636(b)(1)(C).1 Over fourteen days have elapsed since the R&R, and no objections have been filed. When parties do not file written objections, courts apply a “clearly erroneous, abuse of discretion and contrary to law” standard of review to a report and recommendation. United States v. Wilson, 864 F.2d 1219, 1221 (5th Cir. 1989). After reviewing the R&R, the Court agrees with the Magistrate Judge’s proposed findings of fact and conclusions of law and finds

1 Federal district courts conduct de novo review of those portions of a report and recommendation to which a party has objected. See 28 U.S.C. § 636(b)(1)(C) (“A judge . . . shall make a de novo determination of those portions of the report . . . to which objection is made . . . .”). that they are neither clearly erroneous nor contrary to law. See id. Accordingly, the Court ADOPTS the R&R, ECF No. 41, in its entirety, and GRANTS Plaintiff's Motion, ECF No. 39. IT IS FURTHER ORDERED that Plaintiff shall FILE an updated proposed final judgment that conforms to the existing Proposed Final Judgment, ECF No. 39-20, except that Plaintiff shall update the monetary figures as necessary to reflect preyudgment interest accrued through the date of final judgment, which shall be July 15, 2026. To allow the Court to enter final judgment on that date, Plaintiff must file the updated proposed final judgment by no later than July 14, 2026. SO ORDERED. SIGNED this 8th day of July, 2026. Nd UNIFED STATES DISTRICT GE