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Yorkville Advisors, LLC, Mark Angelo and Edward Schinik

Parties Stipulate to Dismiss Remaining Claims Following Partial Grant of Summary Judgment Motion

Litigation Release No. 24326 / October 29, 2018

Securities and Exchange Commission v. Yorkville Advisors, LLC, Mark Angelo and Edward Schin, , 12-cv-7728 (SDNY)(GBD)

The Securities and Exchange Commission announced that on March 29, 2018, Judge George B. Daniels of the United States District Court for the Southern District of New York granted in part and denied in part Defendants Yorkville Advisors, LLC's, Mark Angelo's and Edward Schinik's motion for summary judgment. On May 18, 2018, Judge Daniels approved the parties' joint stipulation of dismissal, with prejudice, as to all remaining claims against Defendants.