U.S. SECURITIES & EXCHANGE COMMISSION V. MAVEN CAPITAL CORP.

Filing 83

ORDER Granting 82 Motion for an Order to Disburse Frozen Funds. Signed by Judge Kent J. Dawson on 4/1/2021. (Copies have been distributed pursuant to the NEF - JQC)

Case 2:99-cv-00501-KJD-LRL Document 83 Filed 04/01/21 Page 1 of 3

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CHRISTOPHER R. THOMSON
Email: [e-mail]
Attorney for Plaintiff
Assistant Chief Litigation Counsel
Division of Enforcement
Securities and Exchange Commission
100 F. Street NE, Mail Stop 5631
Washington, D.C. 20549
Telephone: [phone]
Facsimile: [phone]

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UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEVADA

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UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,
Plaintiff,

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v.

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RODD BUCKLE, et al.,

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Defendants.

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) Case No. CV-S-99-00501 (KJD)
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ORDER TO DISBURSE FROZEN FUNDS

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This case is before the Court upon Plaintiff-Judgment Creditor’s, United States Securities

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and Exchange Commission (“Commission”), Motion for an Order to Disburse Frozen Funds

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(ECF No. 82), and the record as a whole. Having considered the Commission’s Motion, this
Court finds as follows:
1.

This Court has jurisdiction over the subject matter of the action and over the

Defendant-Judgment Debtor, Rodney Buckle (“Judgment Debtor” or “Buckle”).
1.

The record establishes that on February 13, 2001, this Court entered a final

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judgment in favor of the Commission and against the Judgment Debtor which ordered Defendant

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ORDER TO DISBURSE FROZEN FUNDS - 1

Case 2:99-cv-00501-KJD-LRL Document 83 Filed 04/01/21 Page 2 of 3

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to pay disgorgement of $2,037,815, including prejudgment interest 1 and a civil penalty of

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$110,000. Each payment was due by March 16, 2001.
2.

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directed to Bank of America (BofA) and Meadow’s Bank (“Meadow’s”), respectively
(collectively, the “Garnishees”). (ECF Nos. 77-78)

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3.

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On October 16, 2016, the Commission filed two Motion for Writs of Garnishment

On October 24, 2016, the Clerk of this Court issued the Commission’s Writs of

Garnishment. (ECF Nos. 79-80).
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The Judgment Debtor has not filed any objection, claim of exemption or any other

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response to the Commission’s Citations.

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Now, therefore,

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IT IS HEREBY ORDERED that the Motion for an Order to Disburse Frozen Funds is
GRANTED.
IT IS HEREBY FURTHER ORDERED that the Respondents, Bank of America

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and Meadow’s Bank, shall pay the funds presently held that are owned or owed to

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Rodney Buckle to the Commission, which shall be delivered or mailed to

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169,

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The Judgment ordered the disgorgement of $2,037,815, plus prejudgment interest thereon, plus
interest which has accrued since the judgment became delinquent on March 16, 2001.

ORDER TO DISBURSE FROZEN FUNDS - 2

Case 2:99-cv-00501-KJD-LRL Document 83 Filed 04/01/21 Page 3 of 3

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and shall be accompanied by a letter identifying the case title, civil action number, and name of

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this Court; Rodney Buckle as a defendant in this action; and specifying that payment is made

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pursuant to this the Final Judgment entered in this matter.

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Dated:

April 1

, 2021

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ORDER TO DISBURSE FROZEN FUNDS - 3

Honorable Kent J. Dawson
United States District Court