Hashaway et al v. International Asset Group LLC

Filing 21

ORDER ADOPTING REPORT AND RECOMMENDATIONS for 19 Report and Recommendations, 17 Motion for Default Judgment, filed by Bobby Hashaway, Omega Hashaway. Defendant International Asset Group, LLC, d/b/a IAGInternational Asset Group, LLC is permanently enjoined from committing any violations of Section 392 of the Texas Finance Code as it relates to plaintiffs and the accounts in question. Signed by Judge Ron Clark on 6/6/12. (cm, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF TEXAS
SHERMAN DIVISION
OMEGA HASHAWAY and
BOBBY HASHAWAY,
Plaintiffs,
v.
INTERNATIONAL ASSET GROUP, LLC,
d/b/a IAG INTERNATIONAL ASSET
GROUP, LLC,
Defendant.

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Case No. 4:11cv376
(Judge Clark/Judge Mazzant)

MEMORANDUM ADOPTING REPORT AND
RECOMMENDATION OF THE UNITED STATES MAGISTRATE JUDGE
Came on for consideration the report of the United States Magistrate Judge in this action, this
matter having been heretofore referred to the United States Magistrate Judge pursuant to 28 U.S.C.
§ 636. On March 16, 2012, the report of the Magistrate Judge was entered containing proposed
findings of fact and recommendations that Plaintiffs’ Motion for Default Judgment against
Defendant International Asset Group, LLC, d/b/a IAG International Asset Group, LLC [Doc. #17]
be granted.
Having received the report of the United States Magistrate Judge, and no objections thereto
having been timely filed, this Court is of the opinion that the findings and conclusions of the
Magistrate Judge are correct and adopts the Magistrate Judge’s report as the findings and conclusions
of the Court.
It is, therefore, ORDERED that Plaintiffs’ Motion for Default Judgment against Defendant
International Asset Group, LLC, d/b/a IAG International Asset Group, LLC [Doc. #17] is

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GRANTED. It is further ORDERED that plaintiffs shall recover statutory damages from defendant
International Asset Group, LLC, d/b/a IAG International Asset Group, LLC, in the amount of $2,000,
actual damages in the amount of $5,000, attorney’s fees in the amount of $3,120, pre-judgment and
post-judgment interest as allowed by law, and $400 as costs.
It is further ORDERED that defendant International Asset Group, LLC, d/b/a IAG
International Asset Group, LLC is permanently enjoined from committing any violations of Section
392 of the Texas Finance Code as it relates to plaintiffs and the accounts in question.
The Clerk is directed to CLOSE this civil action.

So ORDERED and SIGNED this 6 day of June, 2012.

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Ron Clark, United States District Judge

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