Eric J. “EJ” Dalius continues to deny all allegations from the SEC complaint filing from October 2018 in relation to his Saivian businesses. In fact, the judge already denied the SEC their ex parte asset freeze filing. You can read the judges court order denial here; SEC Denied.
Saivian LLC which was based in the US and voluntarily closed in July 2017 with the issuance of nearly $4 million dollars in refunds over two years ago. Saivian International Ltd which was based in Hong Kong and voluntarily closed the following month in August 2017. There have been no other or anticipated court actions against Dalius personally or either company.
The last regulatory challenge from all the way back in 2003 for Dalius actually ended in an exoneration. Here are the exoneration court filings; Dalius Exonerated. In April 2019 Dalius filed for a case dismissal in regards to the October 2018 SEC filing. Here is the dismissal court filing; Dalius Dismissal. Then on September 12, 2019 the judge had successfully dismissed multiple counts.
Eric Dalius is committed to vigorously proclaim and defend if necessary in court that he had successfully operated a regulatory compliant business. According to Dalius, “I have spent over 25 years and millions of dollars to be compliant with regulators which I have proven before and will do again.”