5th Cir.

Securities and Exchange Commission v. Barton

May 18, 2026 ·25-10871 ·Per Curiam · By Maria Santos

The United States Court of Appeals for the Fifth Circuit dismissed an interlocutory appeal filed by Timothy Barton regarding a receivership order. The court held that it lacked jurisdiction because the order was not a final decision and did not fall within statutory exceptions for interlocutory review.

Background

Timothy Barton, proceeding pro se, appealed a midstream administrative order entered in an ongoing receivership. This order required Barton to pre-clear grievances and complaints. This is one of many appeals Barton has filed concerning this receivership.

The court’s reasoning

Federal appellate jurisdiction generally extends only to final decisions of a district court. The order challenged did not end the litigation or leave only execution of the judgment. The court found the order was an administrative measure designed to prevent interference with the receivership, not a final decision under Section twelve hundred and ninety-one. The court also rejected the argument that the order was an injunction under Section twelve hundred and ninety-two, subsection one, noting that case-management tools are distinct from equitable decrees. Furthermore, the order did not appoint a receiver or involve the sale of property, so it did not fall under Section twelve hundred and ninety-two, subsection two. The court emphasized that the underlying dispute remains undecided.

What it means going forward

The appeal is dismissed, and the appellant must file a letter by May twenty-ninth, two thousand and twenty-six, explaining why sanctions should not be imposed for filing a frivolous appeal.