Securities and Exchange Commission v. Nadel et al

Filing 809

NOTICE by Burton W. Wiand re #806 Order on Motion for Miscellaneous Relief - Notice of Receiver's Mailing of Court-Approved Notice of Settlement With Shoreline Trading Group, LLC (Morello, Gianluca)

UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
TAMPA DIVISION
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.

Case No. 8:09-cv-87-T-26TBM

ARTHUR NADEL,
SCOOP CAPITAL, LLC,
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,
Relief Defendants.
/
NOTICE OF RECEIVER’S MAILING OF COURT-APPROVED
NOTICE OF SETTLEMENT WITH SHORELINE TRADING
GROUP, LLC, TO INVESTORS AND POTENTIAL JOINT TORTFEASORS
On March 29, 2012, Burton W. Wiand, as Receiver (the “Receiver”), filed his
Motion to Approve Settlement (Doc. 803), which sought approval of a settlement reached
with Shoreline Trading Group, LLC (“Shoreline”). Among other things, the Motion to
Approve Settlement sought entry of a bar order precluding any claims against Shoreline by
investors or potential joint tortfeasors. Concurrently with the Motion to Approve Settlement,
the Receiver filed his Motion to Approve Proposed Notice of Settlement (Doc. 805), which

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sought approval of a proposed notice to be sent to investors, potential joint tortfeasors, and
other interested parties whose rights may be affected by the bar order (the “Notice”), along
with a proposed abbreviated notice for publication (the “Short Form Notice”). On March
30, 2012, the Court granted (Doc. 806) the Receiver’s Motion to Approve Proposed Notice
of Settlement.
This notice is being filed to inform the Court that copies of the Notice were deposited
with the United States Postal Service on April 2, 2012, for delivery by U.S. First Class Mail
to the last known address of all investors and potential joint tortfeasors known to the
Receiver. Further, the Short Form Notice is scheduled to be published in the Sarasota Herald
Tribune and in the Wall Street Journal national edition on April 4, 2012.
CERTIFICATE OF SERVICE
I HEREBY CERTIFY that on April 3, 2012, I electronically filed the foregoing with
the Clerk of the Court by using the CM/ECF system.
I FURTHER CERTIFY that on April 3, 2012, I mailed the foregoing document and
the notice of electronic filing by first-class mail to the following non-CM/ECF participants:
Arthur G. Nadel
Register No. 50690-018
FCI BUTNER LOW
Federal Correctional Institution
P.O. Box 999
Butner, NC 27509

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s/Gianluca Morello
Gianluca Morello, FBN 034997
[e-mail]
Michael S. Lamont FBN 0527122
[e-mail]
Jared J. Perez, FBN 0085192
[e-mail]
Wiand Guerra King P.L.
3000 Bayport Drive
Suite 600
Tampa, FL 33607
Tel: [phone]
Fax: [phone]
Attorneys for the Receiver, Burton W. Wiand

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