US judge orders SEC to pay $1.8 million in legal fees in Debt Box case | The Block

A U.S. federal judge has ordered the Securities and Exchange Commission to pay legal fees of about $1.8 million in its case against Digital Licensing Inc., doing business as Debt Box. The judge dismissed the SEC’s case against Debt Box without prejudice, meaning the case could potentially be reopened in the future.

In an order filed on Tuesday, Utah District Court Judge Robert Shelby ruled that the SEC needs to pay the attorney fees and relevant legal fees. “In this Order, the court ensures the final amount of fees requested by Defendants and the Receiver is reasonable,” the filing said.

In another Tuesday filing, the judge ruled that the case has been dismissed without prejudice as per SEC’s request. “The Commission argues dismissal without prejudice is appropriate because it will protect investors and the public interest, and will not cause Defendants legal prejudice,” the filing noted.

Source: US judge orders SEC to pay $1.8 million in legal fees in Debt Box case | The Block