Securities And Exchange Commission v. Leslie et al

Filing 378

ORDER by Judge Claudia Wilken Granting 377 Motion to Establish a Fair Fund, Approve Distribution Plan and Disburse Funds to Injured Investors. (ndr, COURT STAFF) (Filed on 4/24/2014)

UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF CALIFORNIA
OAKLAND DIVISION

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4 SECURITIES AND EXCHANGE COMMISSION,
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v.
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MARK LESLIE, et al.
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Defendants.
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Case No. C 07-3444 CW

Plaintiff,

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[PROPOSED] ORDER TO
ESTABLISH A FAIR FUND,
APPROVE DISTRIBUTION
PLAN AND DISBURSE FUNDS
TO INJURED INVESTORS

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The Court having reviewed Plaintiff, the Securities and Exchange Commission’s (“SEC” or
“Commission”), Motion to Establish a Fair Fund, Approve Distribution Plan and Disburse Funds to

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Injured Investors, and for good cause shown,
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IT IS HEREBY ORDERED

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1)

The Motion is granted.

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2)

A Fair Fund is created in accordance with Section 308 (a) of the Sarbanes-Oxley Act

19 of 2002, as amended [15 U.S.C. § 7246(a)] and shall comprise and include the amounts currently
20 contained in the Court registry account in this matter, plus interest, minus appropriate expenses
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incurred in establishing and maintaining the account or ordered by the Court to be paid to satisfy the

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fund’s taxes, fees and expenses.
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3)

The Distribution Plan is approved.

4)

The Clerk of this Court shall issue a check on the account under the case name

26 designation “SEC v. Mark Leslie, et al.” for the entire amount in the account, less court registry fees.
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[Proposed] Order to Disburse Funds
To Pay Tax Administrator Fees & Expenses
(07-3444 CW)

1 The check shall be made payable to “SEC v. Veritas Distribution Fund”. The Clerk shall send the
2 check by overnight mail to:
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RG/2 Claims Administration LLC
Attn: Michael Lee
30 South 17th Street, 5th Floor
Philadelphia, PA 19103

6 The Commission's counsel shall provide the Court Registry with the necessary overnight shipping
7 information and the SEC's billing number.
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5)

RG/2 Claims Administration LLC shall distribute the funds as provided in the

Distribution Plan.

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4/24/2014
Dated: ________________

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_______________________________
UNITED STATES DISTRICT JUDGE

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[Proposed] Order to Disburse Funds
To Pay Tax Administrator Fees & Expenses
(07-3444 CW)