United States District Court Southern District of Indiana Indianapolis Division
Case 1:15-cv-00758-JMS-MJD Document 264 Filed 04/19/18 Page 1 of 36 PageID #: <pageID> UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF INDIANA INDIANAPOLIS DIVISION UNITED STATES SECURITIES AND EXCHANGE ) COMMISSION, ) ) Plaintiff, ) ) No. 1:15-cv-00758-JMS-MJD vs. ) ) ITT EDUCATIONAL SERVICES, INC., KEVIN M. ) MODANY, and DANIEL M. FITZPATRICK, ) ) Defendants. ) ORDER Plaintiff United States Securities and Exchange Commission (the “SEC”) filed this lawsuit against Defendants ITT Educational Services, Inc. (“ITT”),1 ITT’s former Chief Executive Officer Kevin Modany, and ITT’s former Chief Financial Officer Daniel Fitzpatrick, alleging that Defendants violated federal securities laws in connection with two student loan programs created by ITT for ITT students. The SEC on the one hand, and Mr. Modany and Mr. Fitzpatrick on the other, have filed numerous motions to exclude expert testimony in advance of the July 9, 2018 trial. Specifically, presently pending and ripe for the Court’s consideration are: (1) Defendants’ Motion to Exclude the Report, Testimony, and Opinions of Harvey L. Pitt, [Filing No. 197]; (2) the SEC’s Motion to Preclude the Testimony of Defendants’ Expert David B.H. Martin, [Filing No. 201]; (3) Defendants’ Motion to Exclude the Report, Testimony, and Opinions of Kevin Kinser, Ph.D, [Filing No. 199]; (4) the SEC’s Motion to Preclude the Testimony of Defendants’ Expert Roger Meiners, [Filing No. 203]; (5) Defendants’ Motion to Exclude Certain Testimony 1 The SEC and ITT’s trustee ultimately settled all claims against ITT, and only claims against Mr. Modany and Mr. Fitzpatrick remain pending. [See Filing No.
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