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

Filing 798

ORDER granting 796 MOTION FOR APPLICATION FOR FEES AND EXPENSES FOR SECOND QUARTER OF 2020. Signed by Senior Judge Graham Mullen on 1/6/2021. (Pro se litigant served by US Mail.)(eef)

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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 This matter is before the Court upon the Receiver’s Application for Fees and Expenses by the Receiver and His Advisors for the Second Quarter of 2020, filed December 15, 2020 (the “Application”). The Court has considered the Application as well as the objections of the SEC 1 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 $52,200.27 (of which $10,440.05 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 $200.00 for the reimbursement of expenses incurred during the same period. The SEC’s objections are essentially the same as those previously raised. The Court addressed these objections in its Order of November 30, 2018 overruling the SEC’s objections to the Receiver’s Third Quarter of 2017 Fee Application. (Doc. No. 714). 1 Case 3:12-cv-00519-GCM Document 798 Filed 01/06/21 Page 1 of 2 3. FTI Consulting, Inc. SHALL BE AWARDED an allowance of $45,569.00 (of which $9,113.80 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: January 6, 2021 Case 3:12-cv-00519-GCM Document 798 Filed 01/06/21 Page 2 of 2

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