Seth P. Levine - SEC.gov

1y ago
8 Views
2 Downloads
607.36 KB
14 Pages
Last View : 11d ago
Last Download : 3m ago
Upload by : Esmeralda Toy
Transcription

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 1 of 12 PageID: 1IN THE UNITED STATES DISTRICT COURTFOR THE DISTRICT OF NEW JERSEYSECURITIES AND EXCHANGECOMMISSION,Civil Action No.Plaintiff,Complaint for Violations ofthe Federal Securities Lawsv.Jury Trial DemandedSETH P. LEVINE,Defendant.COMPLAINTPlaintiff Securities and Exchange Commission (the “SEC”), One Penn Center, 1617 JFKBoulevard, Suite 520, Philadelphia, Pennsylvania 19103, alleges as follows against the followingdefendant, whose name and last known address is set forth below:Seth P. Levine636 South Forest DriveTeaneck, NJ 07666SUMMARY1.This action involves an offering fraud scheme devised and orchestrated byDefendant Seth P. Levine (“Levine”), founder and President of Norse Holdings, LLC (“NorseHoldings”), a real estate investment and management company.2.From 2009 through 2019, Levine fraudulently raised money through the sale ofmembership interests in limited liability companies (“Norse LLCs” or “LLCs”), including bydefrauding family, friends, and other investors, many of whom belonged to the Orthodox Jewishcommunity. Between February 2015 and August 2019 alone, Levine sold ownership interests innearly 50 Norse LLCs, raising over 20 million collectively from more than 60 investors.

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 2 of 12 PageID: 23.Levine falsely represented to investors that their investments would be used topurchase apartment complexes, and earn profits resulting from higher occupancies and rents,increased real estate values, and from the refinancing of the properties. In reality, however,Levine was running a massive two-part scheme.4.First, Levine made numerous material misrepresentations and omissions toinvestors to induce them to invest. Levine provided investors with fraudulent documentation toshow false profits, occupancy rates, and income and expense figures related to the apartmentcomplexes. Levine also sold overlapping ownership interests in the LLCs to investors, usingfalse operating agreements and, at times, forged signatures. Levine also failed to disclose toinvestors that he frequently commingled investor funds among the LLCs in order to prop upstruggling operations at certain properties and to make Ponzi-like payments by using newinvestments to pay earlier investors.5.Second, to prolong his fraud, Levine also perpetrated an extensive mortgage fraudscheme using the same properties. Levine provided false operating agreements, memberconsents, corporate documents, rent rolls, and leases to lending institutions to obtain refinancemortgages for the LLCs based on inflated property values. Levine used the proceeds of thesefraudulently obtained, inflated mortgages to provide false returns to investors, encouragingfuture investment and keeping the scheme afloat.6.In mid-August 2019, Levine’s scheme came to an end when the FBI executed asearch warrant on the offices of Norse Holdings. Shortly thereafter, Levine and Norse Holdingsceased managing the properties.7.As a result of Levine’s fraud, investors lost millions of dollars.8.By engaging in the conduct described in this Complaint, Defendant Levine2

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 3 of 12 PageID: 3violated Section 17(a) of the Securities Act of 1933 (“Securities Act”) [15 U.S.C. § 77q(a)] andSection 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) [15 U.S.C. § 78j(b)] andRule 10b-5 thereunder [17 C.F.R. § 240.10b-5].JURISDICTION AND VENUE9.The SEC brings this action pursuant to Sections 20(b) and 20(d) of the SecuritiesAct [15 U.S.C. §§ 77t(b) and 77t(d)] and Section 21(d) of the Exchange Act [15 U.S.C.§ 78u(d)], to enjoin such acts, transactions, practices, and courses of business, and to obtaindisgorgement, civil monetary penalties, and such other and further relief as the Court may deemjust and appropriate.10.This Court has jurisdiction over this action pursuant to Section 22(a) of theSecurities Act [15 U.S.C. § 77v(a)] and Sections 21(d), 21(e), and 27 of the Exchange Act [15U.S.C. §§ 78u(d), 78u(e), and 78aa].11.Venue is proper in the District of New Jersey pursuant to Section 22(a) of theSecurities Act [15 U.S.C. § 77v(a)] and Section 27 of the Exchange Act [15 U.S.C. § 78aa].Defendant Levine resides and conducts business within the District of New Jersey. In addition,certain of the acts, transactions, practices, and courses of business constituting the violations ofthe federal securities laws charged herein occurred within the District of New Jersey.12.In connection with the conduct alleged in this Complaint, Levine, directly orindirectly, made use of the means or instruments of transportation or communication in, orinstrumentalities of, interstate commerce, or the mails, or the facilities of a national securitiesexchange.3

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 4 of 12 PageID: 4DEFENDANT13.Seth P. Levine, age 52, is a resident of Teaneck, New Jersey. Levine is theowner and President of Norse Holdings, which is described more fully below. At all timesrelevant to the facts alleged in this Complaint, Levine was responsible for and exercisedcomplete control over the operations of Norse Holdings and Norse LLCs, including the offer andsale of securities and the use of investor monies.OTHER RELEVANT ENTITIES14.Norse Holdings, LLC, a New York limited liability company with its principalplace of business in Hackensack, New Jersey, was a real estate investment and managementcompany.15.Norse LLCs includes at least 70 New Jersey limited liability companies, eachwith its principal place of business in Hackensack, New Jersey, that were established topurchase, own, and operate apartment buildings in New Jersey. Levine is the manager and theinvestors are the members of Norse LLCs.I.Background16.In approximately 2005, Levine formed Norse Holdings to purchase and manageapartment buildings in the New Jersey area with funds from investors, who included family,friends, and members of his tight-knit Orthodox Jewish community.17.Levine told investors that investor monies, including his own personalinvestments, would be used to cover 30 percent or more of a property’s purchase price, and thathe would finance the remainder through a mortgage on the property.18.Levine established a separate LLC for each apartment building or group ofapartment buildings to be purchased, representing that each LLC would keep its finances distinct4

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 5 of 12 PageID: 5from the others.19.Levine solicited investors to purchase membership interests in the LLCs,providing them with certain documents that he prepared or caused to be prepared, such asoperating agreements, which set forth the investor’s purported ownership percentage of the LLC.20.Investors were to be passive members of the LLCs, with Levine handlingmanagement and decision making for the LLCs.II.Levine Defrauded Investors21.Throughout the course of his scheme, Levine made a variety of materialmisrepresentations and omissions, including misrepresenting his own stake in the investments,providing false documents about the profitability of the apartment complexes, misrepresentinghis use of investor funds, selling overlapping interests in the LLCs, and using new investments tomake Ponzi-like payments to earlier investors.22.During the period February 2015 through August 2019, alone, Levine raised morethan 20 million through the sale of membership interests in 48 Norse LLCs to more than 60investors who resided in New Jersey, and in multiple other states.Levine Misrepresented his Own Interests and Others’ Ownership Interestsin the Properties and Provided Investors with False Documents23.Orally, and in writing, Levine deceived investors by representing that hecontributed a particular share of the purchase price for each property, giving him a substantialpersonal investment, which would incentivize him to maximize the LLC’s profits.24.In fact, the representations concerning Levine’s ownership interest and personalinvestment in a property were often false or misleading, as he did not always personally invest inthe LLCs as he falsely represented.25.On at least one occasion, Levine sold overlapping property interests in a LLC to5

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 6 of 12 PageID: 6multiple groups of investors, and failed to disclose the existence and ownership interests of thevarious groups to the other investors in the LLC. In so doing, Levine also misrepresented thesize of his personal ownership interest in the LLC to those investors.26.Levine also caused inaccurate Schedule K-1s to be provided to certain investors.These documents, which were prepared from false information that Levine provided, did notalways accurately reflect the investors’ ownership interests.27.In addition, Levine deceived investors by forging the signatures of other realestate investors in certain operating agreements to make it appear as though those investors wereinvesting in that LLC.28.Moreover, Levine prepared and provided to certain investors schedules thatcontained false and inaccurate information concerning the profitability of the apartmentcomplexes. He provided falsely inflated information about rents collected, occupancy rates, andincome and expense figures. Investors who received these false documents, which purported toshow that properties were performing well, were misled into investing in additional propertiesoffered by Levine.Levine Misrepresented His Use of Investor Funds29.Levine misrepresented, both orally and in writing, how investors’ funds would be30.Levine represented that he would use investor funds to purchase apartmentused.buildings held by a specific LLC in which investors would receive a membership interest, but heignored the corporate form and failed to treat the individual LLCs as standalone entities, therebydeliberately failing to use the investors’ funds as promised.31.At times, Levine used investment monies to help prop up other failing properties6

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 7 of 12 PageID: 7and prolong his fraud. Levine repeatedly commingled investor funds and used them to fundoperations at other buildings, pay employees, pay delinquent utility bills or repay other investors.32.As Norse Holdings’ financial situation deteriorated, Levine simply took investormonies without purchasing apartment buildings. On at least two occasions, Levine took investormonies to acquire specific properties, but never purchased those properties. Instead,unbeknownst to those investors, Levine used their investments, which exceeded 675,000, tobolster other failing properties.Levine Paid Investors with Fake Profits to Entice Further Investment33.To perpetuate his fraud, lull investors into believing that their investments wereperforming well, and entice investors to invest in additional properties, Levine paid existinginvestors purported returns, which he falsely claimed were profits from the operation of theapartment buildings or refinancing made possible by increased property values. However, thesepayments frequently derived from Levine’s fraudulent conduct, not legitimate businessoperations.34.At times, Levine paid purported profits through Ponzi-like payments by usingmonies from newly made investments to pay earlier investors. Levine also used proceeds fromhis related mortgage fraud scheme to pay investors purported profits.35.In addition, in soliciting additional investments, Levine did not disclose that theonly way he could avoid defaulting on the loans and prevent a financial collapse was to seekother sources of financing, specifically, new investments or refinancing other properties.Levine Violated the Securities Laws36.At all times relevant to the facts alleged in this Complaint, Levine operated andcontrolled Norse Holdings and the related LLCs.7

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 8 of 12 PageID: 837.The membership interests in the Norse LLCs sold to investors by Levine aresecurities within the meaning of Section 2(a)(1) of the Securities Act [15 U.S.C. § 77b(a)(1)] andSection 3(a)(10) of the Exchange Act [15 U.S.C. § 78c(a)(10)], and the fraud and othermisconduct described herein was in the offer of, and/or in connection with, the purchase or saleof securities.38.All of the misrepresentations and omissions set forth herein, individually and inthe aggregate, are material. There is a substantial likelihood that a reasonable investor wouldconsider the misrepresented facts and omitted information important, and/or that disclosure ofthe omitted facts or accurate information would alter the “total mix” of information available toinvestors.39.Levine used the means or instrumentalities of interstate transportation, orcommunication, or of the mails, including using the internet and interstate phone calls in dealingwith investors and potential investors.40.In connection with the conduct described herein, Levine acted knowingly and/orrecklessly. Among other things, Levine knew or was reckless in not knowing that he wasmaking material misrepresentations and omitting to state material facts necessary to make certainstatements not misleading under the circumstances in connection with selling or offering to sellmembership interests in the Norse LLCs to investors.41.Through his material misrepresentations and omissions, Levine knowingly,recklessly, or negligently obtained money or property from investors.42.Through this scheme, Levine knowingly, recklessly, or negligently engaged inacts, transactions or courses of business that operated as a fraud or deceit upon offerees,purchasers and prospective purchases of membership interests in the Norse LLCs.8

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 9 of 12 PageID: 943.As a result of Levine’s fraud, he raised more than 20 million from investors.CLAIMS FOR RELIEFFIRST CLAIMViolations of Section 17(a) of the Securities Act44.The SEC realleges and incorporates by reference each and every allegation inparagraphs 1 through 43, inclusive, as if they were fully set forth herein.45.By engaging in the conduct described above, Defendant Levine, in the offer orsale of securities, directly or indirectly, by the use of any means or instruments of transportationor communication in interstate commerce or by use of the mails:a. knowingly or recklessly employed devices, schemes, or artifices to defraud;b. knowingly, recklessly, or negligently obtained money or property by means of anuntrue statement of a material fact or an omission of a material fact necessary inorder to make the statements made, in light of the circumstances under which theywere made, not misleading; orc. knowingly, recklessly, or negligently engaged in transactions, practices, orcourses of business which operated or would operate as a fraud or deceit upon thepurchaser.46.By engaging in the foregoing conduct, Defendant Levine violated, and unlessenjoined will continue to violate, Section 17(a) of the Securities Act [15 U.S.C. § 77q(a)].SECOND CLAIMViolations of Section 10(b) of the Exchange Act and Rule 10b-5 Thereunder47.The SEC realleges and incorporates by reference each and every allegation inparagraphs 1 through 43, inclusive, as if they were fully set forth herein.48.By engaging in the conduct described above, Defendant Levine knowingly or9

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 10 of 12 PageID: 10recklessly, in connection with the purchase or sale of securities, directly or indirectly, by the useof means or instrumentalities of interstate commerce, or the mails, or the facilities of a nationalsecurities exchange:a. employed devices, schemes, or artifices to defraud;b. made untrue statements of material fact or omitted to state material factsnecessary in order to make the statements made, in light of the circumstancesunder which they were made, not misleading; orc. engaged in acts, practices, or courses of business which operated or would operateas a fraud or deceit upon any person.49.By engaging in the foregoing conduct, Defendant Levine violated, and unlessenjoined will continue to violate, Section 10(b) of the Exchange Act [15 U.S.C. § 78j(b)] andRule 10b-5 thereunder [17 C.F.R. § 240.10b-5].PRAYER FOR RELIEFWHEREFORE, the SEC respectfully requests that this Court enter a final judgment;I.Permanently restraining and enjoining Defendant Levine from, directly or indirectly,violating Section 17(a) of the Securities Act, 15 U.S.C § 77q(a);II.Permanently restraining and enjoining Defendant Levine from, directly or indirectly,violating Section 10(b) of the Exchange Act [15 U.S.C. § 78j(b)] and Rule 10b-5 thereunder [17C.F.R. § 240.10b-5];10

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 11 of 12 PageID: 11III.Ordering Defendant Levine to disgorge all ill-gotten gains derived from the activities setforth in this Complaint, together with prejudgment interest thereon;IV.Ordering Defendant Levine to pay a civil penalty pursuant to Section 20(d) of theSecurities Act [15 U.S.C. § 77t] and Section 21(d)(3) of the Exchange Act [15 U.S.C. § 78u-1];andV.Granting such other and further relief as this Court may deem just, equitable, or necessaryin connection with the enforcement of the federal securities laws.JURY DEMANDPursuant to Rule 38 of the Federal Rules of Civil Procedure, Plaintiff demands that thiscase be tried to a jury.Respectfully submitted,By:Scott A. ThompsonJennifer C. BarryJohn V. Donnelly IIISuzanne C. AbtSECURITIES AND EXCHANGE COMMISSION1617 JFK Blvd., Suite 520Philadelphia, PA 19103Telephone: (215) 597-3100Facsimile: (215) 597-2740ATTORNEYS FOR PLAINTIFFSECURITIES AND EXCHANGE COMMISSIONDated: March 18, 202111

Case 2:21-cv-05719 Document 1 Filed 03/18/21 Page 12 of 12 PageID: 12IN THE UNITED STATES DISTRICT COURTFOR THE DISTRICT OF NEW JERSEYSECURITIES AND EXCHANGE COMMISSION,Plaintiff,Case No.DESIGNATION OF AGENTFOR SERVICEv.SETH P. LEVINE,Defendant.Pursuant to Local Rule 101.1(f), because the Securities and Exchange Commission (the“Commission”) does not have an office in this district, the United States Attorney for the Districtof New Jersey is hereby designated as eligible as an alternative to the Commission to receiveservice of all notices or papers in the captioned action. Therefore, service upon the United Statesor its authorized designee, David Dauenheimer, Deputy Chief, Civil Division, United StatesAttorney’s Office for the District of New Jersey, 970 Broad Street, 7th Floor, Newark, NJ 07102,shall constitute service upon the Commission for purposes of this action.Respectfully submitted,S/ John DonnellyJohn DonnellyAttorneys for PlaintiffU.S. Securities and Exchange CommissionPhiladelphia Regional Office1617 JFK Boulevard, Suite 520Philadelphia, PA 19103Telephone: (215) 597-3100Facsimile: (215) 597-2740DonnellyJ@sec.gov12

JS 44 (Rev. 10/20)Case 2:21-cv-05719 Document1-1 FiledSHEET03/18/21 Page 1 of 2 PageID: 13CIVIL COVERThe JS 44 civil cover sheet and the information contained herein neither replace nor supplement the filing and service of pleadings or other papers as required by law, except asprovided by local rules of court. This form, approved by the Judicial Conference of the United States in September 1974, is required for the use of the Clerk of Court for thepurpose of initiating the civil docket sheet. (SEE INSTRUCTIONS ON NEXT PAGE OF THIS FORM.)I. (a) PLAINTIFFS(b)DEFENDANTSSECURITIES AND EXCHANGE COMMISSIONSETH P. LEVINECounty of Residence of First Listed PlaintiffCounty of Residence of First Listed Defendant(EXCEPT IN U.S. PLAINTIFF CASES)NOTE:(c)Attorneys (Firm Name, Address, and Telephone Number)Attorneys (If Known)See AttachmentSee AttachmentII. BASIS OF JURISDICTION (Place an “X” in One Box Only) III. CITIZENSHIP OF PRINCIPAL PARTIES (Place an “X” in One Box for Plaintiff(For Diversity Cases Only)PTFCitizen of This State11U.S. GovernmentPlaintiff3Federal Question(U.S. Government Not a Party)2U.S. GovernmentDefendant4Diversity(Indicate Citizenship of Parties in Item III)REAL PROPERTY210 Land Condemnation220 Foreclosure230 Rent Lease & Ejectment240 Torts to Land245 Tort Product Liability290 All Other Real PropertyPERSONAL INJURY310 Airplane315 Airplane ProductLiability320 Assault, Libel &Slander330 Federal Employers’Liability340 Marine345 Marine ProductLiability350 Motor Vehicle355 Motor VehicleProduct Liability360 Other PersonalInjury362 Personal Injury Medical MalpracticeCIVIL RIGHTS440 Other Civil Rights441 Voting442 Employment443 Housing/Accommodations445 Amer. w/Disabilities Employment446 Amer. w/Disabilities Other448 Educationand One Box for Defendant)PTFDEFIncorporated or Principal Place44of Business In This State22Incorporated and Principal Placeof Business In Another State55Citizen or Subject of aForeign Country33Foreign Nation66Click here for: Nature of Suit Code Descriptions.TORTS110 Insurance120 Marine130 Miller Act140 Negotiable Instrument150 Recovery of Overpayment& Enforcement of Judgment151 Medicare Act152 Recovery of DefaultedStudent Loans(Excludes Veterans)153 Recovery of Overpaymentof Veteran’s Benefits160 Stockholders’ Suits190 Other Contract195 Contract Product Liability196 FranchiseDEF1Citizen of Another StateIV. NATURE OF SUIT (Place an “X” in One Box Only)CONTRACTBergen, NJ(IN U.S. PLAINTIFF CASES ONLY)IN LAND CONDEMNATION CASES, USE THE LOCATION OFTHE TRACT OF LAND INVOLVED.PERSONAL INJURY365 Personal Injury Product Liability367 Health Care/PharmaceuticalPersonal InjuryProduct Liability368 Asbestos PersonalInjury ProductLiabilityPERSONAL PROPERTY370 Other Fraud371 Truth in Lending380 Other PersonalProperty Damage385 Property DamageProduct LiabilityPRISONER PETITIONSHabeas Corpus:463 Alien Detainee510 Motions to VacateSentence530 General535 Death PenaltyOther:540 Mandamus & Other550 Civil Rights555 Prison Condition560 Civil Detainee Conditions ofConfinementFORFEITURE/PENALTYBANKRUPTCY625 Drug Related Seizureof Property 21 USC 881690 Other422 Appeal 28 USC 158423 Withdrawal28 USC 157LABOR710 Fair Labor StandardsAct720 Labor/ManagementRelations740 Railway Labor Act751 Family and MedicalLeave Act790 Other Labor Litigation791 Employee RetirementIncome Security ActIMMIGRATION462 Naturalization Application465 Other ImmigrationActionsOTHER STATUTESPROPERTY RIGHTS820 Copyrights830 Patent835 Patent - AbbreviatedNew Drug Application840 Trademark880 Defend Trade SecretsAct of 2016SOCIAL SECURITY861 HIA (1395ff)862 Black Lung (923)863 DIWC/DIWW (405(g))864 SSID Title XVI865 RSI (405(g)) FEDERAL TAX SUITS870 Taxes (U.S. Plaintiffor Defendant)871 IRS—Third Party26 USC 7609375 False Claims Act376 Qui Tam (31 USC3729(a))400 State Reapportionment410 Antitrust430 Banks and Banking450 Commerce460 Deportation470 Racketeer Influenced andCorrupt Organizations480 Consumer Credit(15 USC 1681 or 1692)485 Telephone ConsumerProtection Act490 Cable/Sat TV850 Securities/Commodities/Exchange890 Other Statutory Actions891 Agricultural Acts893 Environmental Matters895 Freedom of InformationAct896 Arbitration899 Administrative ProcedureAct/Review or Appeal ofAgency Decision950 Constitutionality ofState StatutesV. ORIGIN (Place an “X” in One Box Only) 1 OriginalProceeding2 Removed fromState Court6 MultidistrictLitigation TransferCite the U.S. Civil Statute under which you are filing (Do not cite jurisdictional statutes unless diversity):VI. CAUSE OF ACTION3Remanded fromAppellate Court4 Reinstated orReopened5 Transferred fromAnother District(specify)8 MultidistrictLitigation Direct File15 U.S.C. § 77q(a); 15 U.S.C. § 78j(b); 17 C.F.R. § 240.10b-5Brief description of cause:Securities offering fraudVII. REQUESTED INCOMPLAINT:VIII. RELATED CASE(S)IF ANYDATECHECK IF THIS IS A CLASS ACTIONUNDER RULE 23, F.R.Cv.P.(See instructions):JUDGECHECK YES only if demanded in complaint:DEMAND JURY DEMAND:Mar 18, 2021AMOUNTAPPLYING IFPYesNoDOCKET NUMBER U.S. v. Levine (No dkt. number yet)Judge ArleoSIGNATUREGNATATTUREE OFOF ATTORNEYATTTORT NEY OFTOO RECORDFOR OFFICE USE ONLYRECEIPT # JUDGEMAG. JUDGE

Case 2:21-cv-05719 Document 1-1 Filed 03/18/21 Page 2 of 2 PageID: 14ATTACHMENT TO CIVIL COVER SHEET(c) Attorneys (Firm Name, Address, and Telephone Number)Scott A. ThompsonJennifer C. BarryJohn V. Donnelly IIISuzanne C. Abt1617 JFK Blvd., Suite 520Philadelphia, PA 19103Telephone: (215) 597-3100Counsel for U.S. Securities and Exchange CommissionBenjamin BrafmanJacob KaplanBrafman & Associates, P.C.256 Fifth Avenue, 2nd FloorNew York, NY 10001Telephone: (212) 750-7800Counsel for Seth P. Levine

Defendant Seth P. Levine ("Levine"), founder and President of Norse Holdings, LLC ("Norse Holdings"), a real estate investment and management company. 2. From 2009 through 2019, Levine fraudulently raised money through the sale of membership interests in limited liability companies ("Norse LLCs" or "LLCs"), including by

Related Documents:

rope High Knee Jog Push ups Over head Slam Dips Kettle Bell Swing Goblet Squat Split Jump Mountain Climbers Alt Lunge Crunches Plank Reverse Curl Cycle Legs Warm up: Rowing Machine 500 meters 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec 20 sec Stop watch required. Complete each

Calf Raise - standing or seated 12 reps 60 sec 10 reps 60 sec 8 reps 60 sec 6 reps 60 sec CORE Crunches 20 reps 30 sec 20 reps 30 sec 20 reps 30 sec Plank 60 sec 30 sec 60 sec 30 sec 60 sec 30 sec Plate Twist 20 reps 30 sec 20 reps 30 sec 20 reps 30 sec THE WAY TO BULK

cycle time 1/(ops/sec) required sec/op equipment capability actual sec/op actual sec/op required sec/op - happiness required sec/op actual sec/op - misery (or multiple resources) Typical cycle times: 3-5 sec manual small parts 5-10 sec small robot 1-4 sec small fixed automation 10-60 sec large robot or manual large parts

JBoss EAP (Java EE) 2 - 3 sec 3 sec 40 MB 200 - 400 MB 23K req/sec JBoss EAP (Spring) 2 - 3 sec 7 sec 40 MB 500 - 700 MB 9K req/sec JBoss WS/Tomcat (Spring) 0 - 1 sec 8 sec 40 MB 0.5 - 1.5 GB 8K req/sec Fat JAR (Spring Boot) N/A 3 sec 30 MB 0.5 - 2.0 GB 11K r

Amrapali Valley Amrapali Leisure Park Supertech Eco Village-1 P. Pump N H-2 4 T o w a r d s D e l h i T o w a r d s G h a z i a b a d Metro Station Sec. 39 Sec. 37 Sec. 44Sec. 45 Sec. 62 Sec. 63 Indian Oil Building Sec. 72 S e c. 7 5 S e c. 7 6 Sec. 120 Sec. 119 Nirala Estate Sec. 70 Amrapali Smart City Panchsheel Supertech Eco Village-1I .

OCCT SOLIDWORKS Fusion 360 Rhino 7 Creo Kompas LEGO Technic - Fire Plane (42040).stp 28MiB 568 3 min 25 sec 2 min 11 sec (CR28991) Very fast 13-16 sec 40 sec Very fast 6 sec LEGO Technic - Chevrolet Corvette ZR1 (42093).stp 40MiB 582 3 min 53 sec 2 min 50 sec (CR28991) N/A (Failed to load/show the assembly) 30 sec 60 sec Very fast

Sec. 2.3 Presiding Officer -- Generally 1-13 Sec. 2.4 Same -- Calling of Meeting to Order 1-13 Sec. 2.5 Same -- To Preserve Order; Right to Speak, etc. 1-14 Sec. 2.6 Same -- To Decide Who Is Entitled to Floor 1-14 Sec. 2.7 Time of Regular Meetings 1-14 Sec. 2.8 Special Meetings 1-14 Sec. 2.9 Quorum 1-14 Sec. 2.10 Adjournments Generally 1-14 Sec. 2.11 Process Against Absent Members 1-15

AAT Advanced Diploma in Accounting Synoptic Assessment – SAMS – Assessment book 2 Notes for students and training providers This is a sample assessment and mark scheme which is reflective of the question types, depth of content coverage, the level of demand, duration and mark allocation of tasks that will be in the live assessment It is not designed to be used on its own to determine .