United States Securities and Exchange Commission v. Beckman et al
Filing
402
ORDER APPROVING SETTLEMENT AGREEMENT WITH ARCH INSURANCE COMPANY. Granting 399 Motion for Approval of Settlement. (Written Opinion). Signed by Chief Judge Michael J. Davis on 8/12/13. (GRR) cc: Jason Bo-Alan Beckman on 8/12/2013 (MMP).
UNITED STATES DISTRICT COURT
DISTRICT OF MINNESOTA
U.S. COMMODITY FUTURES
TRADING COMMISSION,
Plaintiff,
v.
Case No.
09-cv-3332 (MJD/FLN)
Case No.
09-cv-3333 (MJD/FLN)
Case No.
11-cv-574 (MJD/FLN)
TREVOR COOK et al.,
Defendants,
R.J. ZAYED,
Receiver.
UNITED STATES SECURITIES
AND EXCHANGE COMMISSION,
Plaintiff,
v.
TREVOR G. COOK, et al.,
Defendants,
R.J. ZAYED,
Receiver.
UNITED STATES SECURITIES
AND EXCHANGE COMMISSION,
Plaintiff,
v.
JASON BO-ALAN BECKMAN, et al.,
Defendants,
R.J. ZAYED,
Receiver.
ORDER APPROVING SETTLEMENT AGREEMENT WITH
ARCH INSURANCE COMPANY
THIS MATTER came before the Court upon the Receiver’s Motion to approve the
Settlement Agreement between the Receiver and Arch Insurance Company and the
associated order contemplated in that Settlement Agreement and Release (“Settlement
Agreement”) resolving the related case of Zayed v. Arch, 11-cv-1319 (D. Minn. 2011).
The Settlement Agreement that is the subject of this Order is filed at SEC v. Cook et al., 09cv-3333, Docket No. 1084, CFTC v. Cook et al., 09-cv-3332, Docket No. 1035, and SEC v.
Beckman et al., 11-cv-574, Docket No. 399.
Based on the Agreement between the parties, the arguments of counsel, and all of
the pleadings, files, and records herein, the Court being duly advised on the premises,
HEREBY ORDERS AS FOLLOWS:
1.
The Receiver’s motion is GRANTED.
2.
The Court approves the Settlement Agreement (09-cv-3333 Docket No.1084,
09-cv-3332 Docket No. 1035, and 11-cv-574 Docket No. 399) between the Receiver and Arch
Insurance Company.
SO ORDERED.
Dated: August 12, 2013.
s/ Michael J. Davis
Michael J. Davis
Chief Judge
UNITED STATES DISTRICT COURT
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