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

Filing 631

ORDER Granting Receivers Fifth Motion to Approve Settlement Agreements and For Leave to Settle Certain Claims Against Net Winners #627 Motion. Signed by Senior Judge Graham Mullen on 9/5/2017. (Pro se litigant served by US Mail.)(jaw)

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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. This matter is before the Court upon the Receiver’s Fifth Motion to Approve Settlement Agreements and for Leave to Settle Certain Claims Against Net Winners. The Court has reviewed Receiver’s motion, proposed settlements and earlier related submissions and finds that the propose settlements are fair and equitable and are in the best interests of the Zeek victims. Accordingly, IT IS THEREFORE ORDERED that the Receiver’s Fifth 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 Agreements. Signed: September 5, 2017

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