context: The imposition of joint and several liability is appropriate because of Suman and Rahman's close relationship as husband and wife, and their actions in concert with one another.
citation_a.signal: see also
citation_a.identifier: 409 F.Supp.2d 346, 346
citation_a.parenthetical: ordering joint and several liability where defendant "was to share equally in the proceeds of the fraudulent scheme he enabled"
citation_a.sentence: See S.E.C. v. Hughes Capital Corp., 124 F.3d 449, 455 (3d Cir.1997) (citing First Jersey, 101 F.3d at 1475 (ordering joint and several liability where defendant was “intimately involved” in the fraud)); see also Svoboda, 409 F.Supp.2d at 346 (ordering joint and several liability where defendant “was to share equally in the proceeds of the fraudulent scheme he enabled”). Accordingly, Defendants are jointly and severally liable for $1,039,440 together with prejudgment interest at the IRS underpayment rate.
citation_b.signal: see
citation_b.identifier: 101 F.3d 1475, 1475
citation_b.parenthetical: ordering joint and several liability where defendant was "intimately involved" in the fraud
citation_b.sentence: See S.E.C. v. Hughes Capital Corp., 124 F.3d 449, 455 (3d Cir.1997) (citing First Jersey, 101 F.3d at 1475 (ordering joint and several liability where defendant was “intimately involved” in the fraud)); see also Svoboda, 409 F.Supp.2d at 346 (ordering joint and several liability where defendant “was to share equally in the proceeds of the fraudulent scheme he enabled”). Accordingly, Defendants are jointly and severally liable for $1,039,440 together with prejudgment interest at the IRS underpayment rate.