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

Filing 279

ORDER re #275 MOTION To Dissolve Temporary Restraining Order re #274 Order on Motion for TRO, the Court STAYS its previous Temporary Restraining Order #274 pending resolution of Preferreds Motion to Dissolve, receiver is directed to file a response to the Motion to Dissolve as soon as practicable. The hearing set for November 12 will remain in place unless otherwise ordered. Signed by Senior Judge Graham Mullen on 11/03/2014. (Pro se litigant served by US Mail.)(jlk)

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IN THE UNITED 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 VENTURE GROUP, LLC d/b/a ZEEKREWARDS.COM, and PAUL BURKS, Defendants. ORDER THIS MATTER is before the Court upon Preferred Merchants Solutions’ Motion to Dissolve Temporary Restraining Order (Doc. No. 275). On October 31, 2014, the Court issued a Temporary Restraining Order (Doc. No. 274), ordering Preferred and Jaymes Meyer to immediately deposit $4,854,010.40 with the Receiver. In light of the contentions raised in Preferred’s Motion, the Court STAYS its previous Temporary Restraining Order (Doc. No. 274) pending resolution of Preferred’s Motion to Dissolve. The Receiver is directed to file a response to the Motion to Dissolve as soon as practicable. The hearing set for November 12 will remain in place unless otherwise ordered. SO ORDERED. Signed: November 3, 2014

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