Securities & Exchang v. Dowdell, et al

Filing 950

ORDER ADOPTING REPORT AND RECOMMENDATIONS ; granting in part and denying in part 941 Motion ; adopting Report and Recommendations re 948 Report and Recommendations. Signed by Judge Norman K. Moon on 12/4/14. (hnw)

IN THE U NITED STATES D ISTRICT C OURT
FOR THE W ESTERN D ISTRICT OF VIRGINIA
CHARLOTTESVILLE D IVISION

SECURITIES AND EXCHANGE COMMISSION,

CIVIL A CTION N O. 3:01-CV-00116

Plaintiff,
v.

ORDER

TERRY L. D OWDELL, ET AL.,
JUDGE N ORMAN K. MOON
Defendants.

Upon receipt and consideration of the Thirty-Eighth Interim Application for Allowance of
Compensation and Expenses for Receiver and Counsel for Receiver (the “Thirty-Eighth Application”),
I referred the matter, pursuant to 28 U.S.C. § 636(b)(1) and (b)(3), to United States Magistrate Judge
Robert S. Ballou for a report and recommended disposition. Judge Ballou has now issued his Report and
Recommendation (the “Report”) regarding the Thirty-Eighth Application.
Upon review of the record, and no objection having been filed to the Magistrate Judge’s Report
within fourteen days of its service upon the parties, I hereby ADOPT the Report (docket no. 948) in its
entirety, and the Thirty-Eighth Application (docket no. 941) is GRANTED, in part, and DENIED, in
part, as follows: the Receiver’s fees in the amount of $8,114.20 are APPROVED; the Receiver has been
paid $6,644.00 of the approved amount, and thus is AWARDED $1,470.20 from the holdback amount.
It is so ORDERED.
The Clerk of the Court is directed to send a certified copy of this order to all counsel of record
and to United States Magistrate Judge Robert S. Ballou.
4th
Entered this ________ day of December, 2014.