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)

Download PDF
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 1 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 2 s/Gianluca Morello Gianluca Morello, FBN 034997 gmorello@wiandlaw.com Michael S. Lamont FBN 0527122 mlamont@wiandlaw.com Jared J. Perez, FBN 0085192 jperez@wiandlaw.com Wiand Guerra King P.L. 3000 Bayport Drive Suite 600 Tampa, FL 33607 Tel: (813) 347-5100 Fax: (813) 347-5198 Attorneys for the Receiver, Burton W. Wiand 3

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.


Why Is My Information Online?