Securities and Exchange Commission v. Rex Venture Group et al

Filing 4

COPY of ORDER from USDC-NC, case no. 3:12cv519, reappointing receiver Kenneth Bell for defendant Rex Venture Group. (ADB, )

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IN THE UNITES STATES -DISTRICT-.COURT FOR THE '. '. . .. ... .. . '".". ,.' -' " ", , ", WESTERN DISTRICT OF NORTH CAROLINA CHARLOTTE DMSION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Civil Action No. 3:12 ,cv 519 vs. REX VENTURE GROUP, LLC d/b/a ZEEKREWARDS.COM, and PAUL BURKS, Defendants. ORDER REAPPOINTING RECEIVER On August 17,2012, the Court signed an "Agreed Order Appointing Temporary Receiver and Freezing Assets of Defendant Rex Venture Group, LLC" pursuant to which Kenneth D. Bell (the "Receiver") was appointed to act as the Temporary Receiver for Defendant Rex Venture Group and all entities owned or controlled by it. Since his appointment, the Receiver has been tracing funds relating to this case and believes he may have identified causes of action and other potential receivership assets located in and held by individuals located in other federal districts. In order to comply with the requirements of 28 U.S.C. ยง 754 and to confer jurisdiction upon this Court regardless of the location of the receivership assets or the individuals possessing those assets, the Receiver has filed a Motion for Order Reappointing Receiver seeking reappointment on the same terms currently in place. The CoUrt, having carefully considered the Motion and relevant case law, concludes that the Motion should be granted. Case 3:12-cv-00519-GCM Document 79 Filed 12/04/12 Page 1 of 2 IT IS, THEREFORE, ORDERED.that Kenneth.D~. Bell is....... he,eby 'REAPPOINJEDas .. .. .... .. ."'" - '. .,., ' -, '-' . , " ," '. " . , Temporary Receiver in these proceedings as to Rex Ventui:e Group, LLCand all entities owned or controlled by it. This reappointment incorporates all of the provisions set forth in the original "Agreed Order Approving Temporary Receiver and Freezing Assets of Defendant Rex Venture Group, LLC," 'signed by this Court on August 17, 2012; and the "Order Granting in Part and Denying in Part Receiver's Motion Seeking Amendment of Agreed Order Appointing Temporary Receiver and Freezing Assets of Defendant Rex Venture Group, LLC," signed by this Court on August 30,2012. IIt It) Il A -p(J~'N~f:A. Signed this_ .JV-day ofWev-Imeer, 2012, 2 Case 3:12-cv-00519-GCM Document 79 Filed 12/04112 Page 2 of 2

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