UNITED STATES OF AMERICA

UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 103444 / July 14, 2025

ADMINISTRATIVE PROCEEDING

File No. 3-20883

In the Matter of

Synchronoss Technologies, Inc.,

Respondent.

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ORDER EXTENDING TIME TO ENTER

AN ORDER APPROVING OR

DISAPPROVING PLAN OF

DISTRIBUTION

ADMINISTRATIVE PROCEEDING

File No. 3-20884

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In the Matter of

Clayton “Charlie” Thomas

Respondent.

ADMINISTRATIVE PROCEEDING

File No. 3-20885

In the Matter of

Marc Bandini

Respondent.

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ADMINISTRATIVE PROCEEDING

File No. 3-20886

In the Matter of

Daniel Ives

Respondent.

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ADMINISTRATIVE PROCEEDING

File No. 3-20887

In the Matter of

John Murdock

Respondent.

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ADMINISTRATIVE PROCEEDING

File No. 3-20889

In the Matter of

Ronald Prague, Esq.

Respondent.

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On May 13, 2025, pursuant to Rule 1103 of the United States Securities and Exchange

Commission’s (“Commission”) Rules on Fair Fund and Disgorgement Plans (the “Commission’s

Rules”), 17 C.F.R.§ 201.1103, the Commission published a Notice of Proposed Plan of

Distribution and Opportunity to Comment (“Notice”) 1 for the distribution of monies collected

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Exchange Act Rel. No. 103036 (May 13, 2025).

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pursuant to the Orders 2 in the above-captioned matters. The Notice invited public comment on

the proposed plan of distribution (“Proposed Plan”) through June 12, 2025, and the Commission

received a public comment (the “Comment”).

Rule 1104 of the Commission’s Rules, 17 C.F.R. § 201.1104, provides in relevant part,

“[t]he order approving or disapproving the plan should be entered within 30 days after the end of

the final period allowed for comments on the proposed plan unless the Commission or the

hearing officer, by written order, allows a longer period for good cause shown.”

Thirty days from the end of the final period for comments on the Proposed Plan will lapse

on July 14, 2025. The Division states additional time is needed to present its recommendation to

the Commission regarding the Comment and the Proposed Plan, and therefore, good cause has

been shown to enter an order extending the time to approve or disapprove the Proposed Plan

until January 30, 2026.

Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934,

Making Findings, and Imposing a Cease-and-Desist Order, Exchange Act Rel. No. 95049 (June 7, 2022), Admin.

Proc. File No. 3-20883; Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities

Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order, Exchange Act Rel. No. 95050

(June 7, 2022), Admin. Proc. File No. 3-20884; Order Instituting Cease-and-Desist Proceedings Pursuant to Section

21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order, Exchange

Act Rel. No. 95051 (June 7, 2022), Admin. Proc. File No. 3-20885; Order Instituting Cease-and-Desist Proceedings

Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-andDesist Order, Exchange Act Rel. No. 95052 (June 7, 2022), Admin. Proc. File No. 3-20886; Order Instituting Ceaseand-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and

Imposing a Cease-and-Desist Order, Exchange Act Rel. No. 95053 (June 7, 2022), Admin. Proc. File No. 3-20887;

Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities

Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing

Remedial Sanctions and a Cease-and-Desist Order, Exchange Act Rel. No. 95055 (June 7, 2022), Admin. Proc. File

No. 3-20889 (collectively, the “Orders”).

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Accordingly, IT IS ORDERED that pursuant to Rule 1104 of the Commission’s Rules, 3

for good cause shown, the time for entering an order approving or disapproving the Proposed

Plan is extended to January 30, 2026.

For the Commission, by the Division of Enforcement, pursuant to delegated authority. 4

Vanessa A. Countryman

Secretary

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17 C.F.R. § 201.1104.

17 C.F.R. § 200.30-4(a)(21)(i).

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