BTIG, LLC v. Floyd Associates, Inc. et al

Filing 96


Download PDF
1 2 3 4 5 6 7 8 9 UNITED STATES DISTRICT COURT 10 CENTRAL DISTRICT OF CALIFORNIA 11 12 BTIG LLC, Petitioner, 13 14 15 16 17 18 Case No. CV 17-0921 DSF (SSx) JUDGMENT v. FLOYD ASSOCIATES, INC.; JACQUES TIZABI; BHP INTERNATIONAL MARKETS LIMITED; SCOTT C. DOREY; MARC WADE; MARK E. VALENTINE; JAY MARTIN CHAPLER; and DAVID HERSH CONNORS, Respondents. 19 20 21 22 Pursuant to the Court’s June 12, 2017 Order granting Petitioner BTIG LLC’s 23 (BTIG) petition to confirm an arbitral award issued on December 27, 2016 in the 24 FINRA arbitration BTIG LLC v. Floyd Associates, Inc., et al., Case No. 14-00937 25 (Award) and denying Respondent Scott C. Dorey’s (Dorey) petition to vacate the 26 Award, 27 IT IS HEREBY ORDERED, ADJUDGED and DECREED: 28 1 1 1. That the Award is confirmed in favor of BTIG as to Floyd Associates, 2 Inc., Jacques Tizabi, BHP International Markets Limited, Dorey, Mark E. 3 Valentine, and David Hersh Connors. 4 2. In conformity with the Award, IT IS FURTHER ORDERED, 5 ADJUDGED and DECREED that Floyd Associates, Inc., Jacques Tizabi, 6 BHP International Markets Limited, Dorey, Mark E. Valentine, and 7 David Hersh Connors, being jointly and severally liable to BTIG, shall 8 pay to BTIG: a. $19,209,773.00 (USD); 9 b. $629,585.42 (USD) in post-award, pre-judgment interest under 10 11 California law for the period from December 27, 2016 to June 12, 12 2017; 13 c. 1.21% interest per annum on $19,839,358.42 (USD), as prescribed 14 by 28 U.S.C. § 1961, from the date of this order until the date of 15 full payment; and 16 3. That the Court will retain jurisdiction over this matter to amend this 17 Judgment if necessary to account for additional monies actually 18 recovered by BTIG to avoid its double recovery. 19 THEREFORE IT IS ORDERED that Judgment in favor of Petitioner BTIG and 20 against Respondents Floyd Associates, Inc., Jacques Tizabi, BHP International 21 Markets Limited, Scott C. Dorey, Mark E. Valentine, and David Hersh Connors shall 22 be entered accordingly. 23 24 25 Dated: 6/20/17 __________________________ Hon. Dale S. Fischer United States District Judge 26 27 28 2

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?