Securities and Exchange Commission v. Nadel et al

Filing 212

ORDER ATTACHED granting #211 Motion to Approve Settlement between the Receiver and Millennium Trust - FBO Virginia Tanner. See order for details. Signed by Judge Richard A. Lazzara on 10/20/2009. (SKH)

Securities and Exchange Commission v. Nadel et al

Doc. 212

UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. ARTHUR NADEL; SCOOP CAPITAL, LLC; and SCOOP MANAGEMENT, INC., Defendants, SCOOP REAL ESTATE, L.P.; VALHALLA INVESTMENT PARTNERS, L.P.; VALHALLA MANAGEMENT, INC.; VICTORY IRA FUND, LTD.; VICTORY FUND, LTD; VIKING IRA FUND, LLC; VIKING FUND, LLC; and VIKING MANAGEMENT, LLC, Relief Defendants. / ORDER UPON DUE CONSIDERATION, it is ORDERED AND ADJUDGED that the Receiver's Motion to Approve Settlement (Dkt. 211) is granted. The Court specifically approves the written settlement agreement attached to the motion entered into between the Receiver and Millennium Trust - FBO Virginia Tanner ("the Trust") with regard to the return by The Trust of what the Receiver describes as "false profits." The Trust shall pay the Receiver the total sum of $13,089.36 in two installments, with the first payment CASE NO: 8:09-cv-87-T-26TBM

Dockets.Justia.com

of $6,544.68 to be paid within fourteen (14) days of this order and the final payment of $6,544.68 to be paid on or before January 15, 2010. DONE AND ORDERED at Tampa, Florida, on October 20, 2009.

s/Richard A. Lazzara RICHARD A. LAZZARA UNITED STATES DISTRICT JUDGE

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