Final Judgment and Consent — SEC vs. Andrew Murstein & MFIN

A federal court entered permanent injunctions against Medallion and Mr. Murstein for securities fraud violations, imposed $4,000,000 in civil penalties, and incorporated Mr. Murstein's written stipulation — made to ensure his personal penalty could not be discharged in bankruptcy — that "the allegations in the Amended Complaint are true and admitted by Murstein."

Final Judgment, SEC v. Medallion Financial Corp. and Andrew Murstein, No. 1:21-cv-11125-LAK (S.D.N.Y.), Document 127 (entered May 30, 2025), including the Consent incorporated therein.