Securities & Exchange Commission v. Lane et al

Filing 201

ORDER adopting 199 REPORT AND RECOMMENDATION; Granting 195 MOTION for default judgment against Relief Defendants Mundo Trade and First Fiduciary. The Court will enter separate judgments. Signed by Chief Judge Anne C. Conway on 1/6/2010. (CH)

UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
ORLANDO DIVISION
SECURITIES AND EXCHANGE COMMISSION, Plaintiff, -vsROBERT E. LANE, WEALTH POOLS INTERNATIONAL, INC., and RECRUIT FOR WEALTH, INC., Defendants, T-N-T EDUCATION COMPANY, INC., RICHARD H. LANE, MUNDO TRADE, INC., RENEE BECKER, JULIA LANE and FIRST FIDUCIARY BUSINESS TRUST Relief Defendants _______________________________________ Case No. 6:07-cv-1920-Orl-22DAB

ORDER
This cause is before the Court on the Motion for Entry of Final Judgment of Disgorgement Against Relief Defendants Mundo Trade and First Fiduciary (Doc. No. 195) filed on November 13, 2009. The United States Magistrate Judge has submitted a report recommending that the Motion be granted. After an independent de novo review of the record in this matter, and noting that no objections were timely filed, the Court agrees entirely with the findings of fact and conclusions of law in the Report and Recommendations.

Therefore, it is ORDERED as follows: 1. The Report and Recommendation filed December 17, 2009 (Doc. No. 199) is

ADOPTED and CONFIRMED and made a part of this Order. 2. The Motion for Entry of Final Judgment of Disgorgement Against Relief

Defendants Mundo Trade and First Fiduciary (Doc. No. 195) is GRANTED. The Court will enter separate judgments. DONE and ORDERED in Chambers, in Orlando, Florida on January 6, 2010. Copies furnished to: Counsel of Record Unrepresented Party

-2-