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

Filing 606

ORDER before the Court upon its own motion staying the dissolving of the February 12, 2016 Freeze Order pending the conclusion of the appeal. Signed by Senior Judge Graham Mullen on 5/25/2017. (Pro se litigant served by US Mail.)(eef)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
SECURITIES AND EXCHANGE
COMMISSION,
Case No. 3:12-cv-519

Plaintiff,
v.

ORDER

REX VENTURE GROUP, LLC d/b/a
ZEEKREWARDS.COM, and PAUL BURKS,
Defendants.

This matter is before the Court upon its own motion. The Court held oral argument on
VictoriaBank’s Motion to Dismiss (Doc. No. 494) on May 3, 2017. At the conclusion of the
hearing, the Court announced its intent in open court to grant the motion, but stayed the Order
for 30 days to allow the Receiver an opportunity to appeal. The Receiver filed its Notice of
Appeal on May 23, 2017, appealing the Court’s ruling. As the Court indicated at the hearing, the
Court will stay the dissolving of the February 12, 2016 Freeze Order pending the conclusion of
the appeal.
IT IS SO ORDERED.
Signed: May 25, 2017