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Case 1:20-cv-08101-AKH Document 78 Filed 10/27/21 Page 1of2
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`Case 1:20-cv-08101-AKH Document 72-2 Filed 08/16/21 Page 2 of 3
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`UNITED STATES DISTRICT COURT
`SOUTHERN DISTRICT OF NEW YORK
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`SECURITIES AND EXCHANGE
`COMMISSION,
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`¥S.
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`AKAZOO &.A,,
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`Plaintiff,
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`Defendant.
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`1:20-cv-08101-AKH
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`ECF CASE
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`JURY TRIAL DEMANDED
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`AGREED FINAL JUDGMENT
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`The Securities and Exchange Commission having filed a Complaint and Akazoo S.A.
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`(“Defendant”) having entered a general appearance; consented to the Court’s jurisdiction over
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`Defendant and the subject matterof this action; consented to entry of an agreed judgmentas to
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`injunctive relief (Dkt. Nos. 59-61); consented to entry of this Final Judgment without admitting
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`or denying the allegations of the Complaint (except as to jurisdiction and except as otherwise
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`provided in the Consent); waived findings of fact and conclusions of law; and waived any right
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`to appeal from this Final Judgment:
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`I.
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`IT IS HEREBY ORDERED, ADJUDGED, AND DECREEDthat Defendantis liable for
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`disgorgement of $38.8 million representing net profits gained as a result of the conduct alleged in
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`the Complaint. Defendant’s obligation to pay $38.8 million shall be deemed satisfied upon final
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`approval of Defendant’s pending settlement agreements with investors in related private
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`litigation, pursuant to which Defendant will pay $35 million and coordinate with investors in
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`1
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`Case 1:20-cv-08101-AKH Document 78 Filed 10/27/21 Page 2 of 2
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`Case 1!20-cv-08101-AKH Document 72-2 Filed 08/16/21 Page 3 of 3
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`seeking potential additional recoveries. See In re Akazoo S.A, Securities Litigation, Case No.
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`1:20-cv-01900-BMC (E.D.N.Y.) and Pareja, et al. v. Apostolos N. Zervos, et al, Case No.
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`2020CV337418 (Superior Court for the State of Georgia, Fulton County).
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`IL,
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`IT IS FURTHER ORDERED, ADJUDGED, AND DECREEDthat the Consentis
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`incorporated herein with the same force and effectasif fully set forth herein, and that Defendant
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`shal! comply withall of the undertakings and agreements set forth therein.
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`IT IS FURTHER ORDERED, ADJUDGED, AND DECREEDthatthe Stipulation and
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`TI.
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`Order entered on October 23, 2020 (Dkt. No. 40) is vacated.
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`IV,
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`IT IS FURTHER ORDERED, ADJUDGED, AND DECREEDthat this Court shall retain
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`jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment.
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`Dated: October27, 2021
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`SOA» YDP—
`(Y)_ ke eB
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`UNITED STATES DISTRICT JUDGE
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