Securities and Exchange Commission v. Secure Investement Services, Inc., et al

Filing 880

ORDER signed by Judge Garland E. Burrell, Jr. on 7/8/2011 GRANTING 827 Motion to Compel. Within 10 days, Link Consulting, Inc. Defined Benefit Pension Plan shall pay the Receiver $208.64 for its share of the premiums. (Zignago, K.)

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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SACRAMENTO DIVISION

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SECURITIES AND EXCHANGE
COMMISSION,

Case No. 2:07-cv-01724 GEB CMK

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Plaintiff,
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v.
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SECURE INVESTMENT SERVICES, INC.,
AMERICAN FINANCIAL SERVICES, INC.,
LYNDON GROUP, INC., DONALD F.
NEUHAUS, and KIMBERLY A. SNOWDEN,

ORDER COMPELLING PAYMENT
OF PREMIUM SHARE FROM LINK
CONSULTING, INC. DEFINED
BENEFIT PENSION PLAN [WILE&C]

Defendants.

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On this day the Court considered the Receiver’s Motion to Compel Payment of Premium

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Share from Link Consulting, Inc. Defined Benefit Pension Plan [WIL-E&C]. Having carefully

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considered the Motion and the pleadings and papers on file in this case, the Court is of the

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opinion, and so finds, that the Motion should be granted. Accordingly,

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It is ORDERED that Link Consulting, Inc. Defined Benefit Pension Plan shall, within 10
days of the date of this Order, pay the Receiver $208.64 for its share of the premiums.

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It is FURTHER ORDERED that Link Consulting, Inc. Defined Benefit Pension Plan

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shall pay the Receiver its percentage share of all additional premium obligations within 10 days

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of the issuance of a written invoice.

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It is FURTHER ORDERED that should Link Consulting, Inc. Defined Benefit Pension

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Plan fail to pay $208.64 for its share of the premiums or its percentage share of any additional

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premium obligations as they become due, Link Consulting, Inc. Defined Benefit Pension Plan’s

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0.8181818% ownership and beneficial interest in the WIL-E&C Policy No. 60057369 will

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-1-

Order Compelling Payment Of Premium Share from Link Consulting, Inc. Defined Benefit Pension
Plan [WIL-E&C]
C:\Documents and Settings\mkelly\My Documents\Quilling\July 11, 2011 hearing date\Motion to Compel Payment of Premium Share
WIL-E&C 01\Link Consulting\PROPOSED ORDER COMPELLING PAYMENT OF PREMIUM SHARE FROM LINK
CONSULTING DEFINED BENEFIT PENSION PLAN.DOC

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automatically be forfeited to the receivership estate and be replaced by an allowed claim for
$10,000.00 in its favor.
It is FURTHER ORDERED that in the event Link Consulting, Inc. Defined Benefit
Pension Plan’s ownership and beneficial interest is forfeited to the receivership estate, then
Transamerica Occidental is ORDERED to change its records to reflect and effectuate the
transfer.
Date: 7/8/2011

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_________________________
GARLAND E. BURRELL, JR.
United States District Judge

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DEAC_Signature-END:

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61khh4bb

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-2-

Order Compelling Payment Of Premium Share from Link Consulting, Inc. Defined Benefit Pension
Plan [WIL-E&C]
C:\Documents and Settings\mkelly\My Documents\Quilling\July 11, 2011 hearing date\Motion to Compel Payment of Premium Share
WIL-E&C 01\Link Consulting\PROPOSED ORDER COMPELLING PAYMENT OF PREMIUM SHARE FROM LINK
CONSULTING DEFINED BENEFIT PENSION PLAN.DOC