Securities and Exchange Commission v. Rex Venture Group, LLC et al

Filing 152

ORDER granting #150 Motion to Approve Settlement Agreements and for Leave to Settle Certain Claims Against Net Winners. Signed by Senior Judge Graham Mullen on 7/26/2013. (Pro se litigant served by US Mail.)(blf)

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IN THE UNITES STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NORTH CAROLINA CHARLOTTE DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Civil Action No. 3:12 cv 519 vs. REX VENTURES GROUP, LLC d/b/a ZEEKREWARDS.COM, and PAUL BURKS, Defendants. This matter is before the Court upon the Receiver’s Motion to Approve Settlement Agreements and for Leave to Settle Certain Claims Against Net Winners, filed June 28, 2013. The Court has reviewed Receiver’s brief and proposed settlement and finds that the proposed settlement is fair and equitable and is in the best interests of the Zeek victims. Accordingly, IT IS THEREFORE ORDERED that the Receiver’s Motion to Approve Settlement Agreements and for Leave to Settle Certain Claims Against Net Winners is hereby GRANTED, and the Receiver is hereby authorized to perform according to the terms of the Settlement Agreement. Signed: July 26, 2013

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