Securities and Exchange Commission v. Beasley et al

Filing 207

ORDER AMENDING RECEIVERSHIP ORDER (DKT. NO. #88 ). Signed by Judge Cristina D. Silva on 7/28/2022. (Copies have been distributed pursuant to the NEF - YAW)

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TRACY S. COMBS (California Bar No. 298664)
Email: [e-mail]
CASEY R. FRONK (Illinois Bar No. 6296535)
Email: [e-mail]
SECURITIES AND EXCHANGE COMMISSION
351 South West Temple, Suite 6.100
Salt Lake City, Utah 84101
Tel: [phone]
Fax: [phone]
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEVADA

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SECURITIES AND EXCHANGE
COMMISSION,
v.

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Defendants; and

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THE JUDD IRREVOCABLE TRUST; PAJ
CONSULTING INC; BJ HOLDINGS LLC;
STIRLING CONSULTING, L.L.C.; CJ
INVESTMENTS, LLC; JL2 INVESTMENTS,
LLC; ROCKING HORSE PROPERTIES,
LLC; TRIPLE THREAT BASKETBALL,
LLC; ACAC LLC; ANTHONY MICHAEL
ALBERTO, JR.; and MONTY CREW LLC;

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ORDER AMENDING
RECEIVERSHIP ORDER
(DKT. NO. 88)

Plaintiff,

MATTHEW WADE BEASLEY; BEASLEY
LAW GROUP PC; JEFFREY J. JUDD;
CHRISTOPHER R. HUMPHRIES; J&J
CONSULTING SERVICES, INC., an Alaska
Corporation; J&J CONSULTING SERVICES,
INC., a Nevada Corporation; J AND J
PURCHASING LLC; SHANE M. JAGER;
JASON M. JONGEWARD; DENNY
SEYBERT; ROLAND TANNER; LARRY
JEFFERY; JASON A. JENNE; SETH
JOHNSON; CHRISTOPHER M. MADSEN;
RICHARD R. MADSEN; MARK A.
MURPHY; CAMERON ROHNER; AND
WARREN ROSEGREEN;

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Case No.: 2:22-cv-00612-CDS-EJY

Relief Defendants.

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WHEREAS this matter has come before this Court upon motion of the Plaintiff U.S.

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Securities and Exchange Commission (“SEC”, “Commission” or “Plaintiff”) to amend the

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receivership order previously entered by the Court (Dkt. No. 88), and for related relief;

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WHEREAS the Court has found based on the evidence presented and record in this case

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that the Commission has made a proper prima facie showing that Defendants Larry Jeffery,

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Jason Jenne, Seth Johnson, Christopher Madsen, Richard Madsen, Mark Murphy, Cameron

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Rohner, and Warren Rosegreen directly and indirectly engaged in violations of the federal

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securities laws as alleged in the Amended Complaint, and thus, the equity jurisdiction of this

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Court has been properly invoked and the Court possesses the power and authority to fashion

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appropriate remedies and relief;
WHEREAS the Court finds that, based on the record in these proceedings, the

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appointment of a Receiver in this action is necessary and appropriate for the purposes of

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marshaling and preserving all assets of the New Defendants that: (a) are attributable to funds

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derived from investors or clients of the New Defendants; (b) are held in constructive trust for the

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New Defendants; (c) were fraudulently transferred by the New Defendants; and/or (d) may

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otherwise be includable as assets of the estates of the New Defendants; and

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WHEREAS this Court has subject matter jurisdiction over this action and personal
jurisdiction over the New Defendants, and venue properly lies in this district;

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NOW THEREFORE, IT IS HEREBY ORDERED, ADJUDGED AND DECREED
THAT:
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This Court hereby takes exclusive jurisdiction and possession of the personal

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assets, of whatever kind and wherever situated, of the following defendants: Larry Jeffery, Jason

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Jenne, Seth Johnson, Christopher Madsen, Richard Madsen, Mark Murphy, Cameron Rohner,

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and Warren Rosegreen (the “New Defendants”).

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2.

Until further Order of this Court, GEOFF WINKLER of AMERICAN

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FIDUCIARY SERVICES LLC (the “Receiver”) is hereby appointed to serve without bond as

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receiver for the assets of the New Defendants.

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3.

The Court’s June 3, 2022 Order Appointing Receiver (Dkt. No. 88) (herein, June

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3, 2022 Receivership Order) is amended, such that the personal assets of the New Defendants are

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hereby included as “Receivership Property” and “Receivership Estate” as defined and ordered in

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the June 3, 2022 Receivership Order; and the New Defendants are hereby included as the

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“Individual Receivership Defendants” and “Receivership Defendants” as defined and ordered in

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the June 3, 2022 Receivership Order. The New Defendants shall have the same obligations and

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duties as the Individual Receivership Defendants in the June 3, 2022 Order, except that the

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deadlines in Section II, paragraphs 9, 10, and 11 of the June 3, 2022 Order shall begin to run for

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the New Defendants upon the date of entry of this Order.

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IT IS SO ORDERED.

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Date: ________________
July 28, 2022

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______________________________
CRISTINA D. SILVA
UNITED STATES DISTRICT JUDGE

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Presented by:
Tracy S. Combs
Casey R. Fronk
Attorneys for Plaintiff
Securities and Exchange Commission

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