United States Securities and Exchange Commission v. Stone et al

Filing 258

ORDER GRANTING UNOPPOSED JOINT MOTION TO MODIFY THE ASSET FREEZE ORDER AS TO RELIEF DEFENDANT BRETT R. ADAMS granting 257 Motion re: 257 JOINT MOTION Modify Asset Freeze Order as to Brett R. Adams re: 17 Order, . This matte r comes before the Court on the Joint Motion filed by Plaintiff United States Securities and Exchange Commission and Relief Defendant Brett R. Adams ("Adams") seeking leave to modify the Court's Asset Freeze Order, ECF No. 17, as modif ied, ECF Nos. 47 and 243, to allow Mr. Adams to sell securities held in a frozen brokerage account, with Mr. Adams holding such proceeds in cash or in a money market fund and the entire account shall remain frozen until further order of the Court. Be ing fully advised of the premises, the Court hereby ORDERS that the Motion is GRANTED. IT IS HEREBY ORDERED that the Asset Freeze Order, ECF Nos. 17, 47, and 243, as to Mr. Adams is MODIFIED to permit him to sell/liquidate the securities held in a fr ozen brokerage account in his name held by TD Ameritrade, Inc. ("TD Ameritrade"), ending *1423.The proceeds of such sales shall remain frozen in the TD Ameritrade account (ending *1423) and Mr. Adams shall hold such proceeds in cash or in a money market fund and the entire account shall remain frozen until further order of the Court. SO ORDERED. (Signed by Judge Victor Marrero on 2/6/2024) (jca)

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The proceeds of such sales shall remain frozen in the TD Ameritrade account (ending *1423) and Mr. Adams shall hold such proceeds in cash or in a money market fund and the entire account shall remain frozen until further order of the Court. SO ORDERED this 6th day of February, 2024. ______________________________ The Honorable Victor Marrero United States District Judge 2

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