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

Filing 637

ORDER Granting 633 Motion Application for Fees and Expenses by the Receiver and His Advisors for the Second Quarter of 2017 by Receiver for Rex Ventures Group, LLC. Signed by Senior Judge Graham Mullen on 10/12/2017. (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 VENTURES GROUP, LLC d/b/a ZEEKREWARDS.COM, and PAUL BURKS, Defendants. ORDER Upon consideration of the Application for Fees and Expenses by the Receiver and His Advisors for the Second Quarter of 2017, filed September 15, 2017 (the “Application”), and for good cause shown, IT IS ORDERED, ADJUDGED AND DECREED that: 1. The Receiver’s Application is GRANTED. 2. The Receiver and McGuireWoods LLP SHALL BE AWARDED an allowance of $405,567.74 (of which $81,113.55 will be held back pending further petition to and approval by the Court) for legal services rendered during the Compensation Period set forth in the Application, and $34,326.12 for the reimbursement of expenses incurred during the same period. 3. FTI Consulting, Inc. SHALL BE AWARDED an allowance of $166,419.50 (of which $33,283.90 will be held back pending further petition to and approval by the Court) for services rendered during the Compensation Period. 4. The Receivership Estate IS HEREBY AUTHORIZED to immediately pay such amounts and reimburse McGuireWoods LLP and FTI Consulting, Inc. for approved expenses. Signed: October 12, 2017

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