Securities & Exchang v. Dowdell, et al

Filing 971

ORDER ADOPTING REPORT AND RECOMMENDATIONS as follows ; granting in part and denying in part 959 Motion ; granting 961 Motion ; granting 963 Motion ; adopting in part 968 Report and Recommendations; adopting 969 Report and Recommendations; adopting 970 Report and Recommendations. Signed by Judge Norman K. Moon on 9/27/17. (hnw)

09/27/2017

UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF VIRGINIA
CHARLOTTESVILLE DIVISION
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
v.

CASE NO. 3:01–cv–00116

ORDER ADOPTING REPORTS AND
RECOMMENDATIONS

TERRY DOWDELL, ET AL.,
JUDGE NORMAN K. MOON
Defendants.
Before the Court are the Fortieth Interim Application for Allowance of Compensation
and Expenses for Receiver and Counsel for the Receiver, and the Fifteenth and Sixteenth Interim
Applications for Allowance of Compensation and Expenses for Accountant to the Receiver.
(Dkts. 959, 961, 963). Magistrate Judge Robert S. Ballou issued a report and recommendation
on each application. (Dkts. 968, 969, 970). Upon review of the record and no objections having
been filed, I ADOPT his reports. Thus, the Fortieth Application is GRANTED in part and
DENIED in part, with the Receiver fees of $20,116.70 approved, and the Receiver
AWARDED the holdback in the amount of $3,372.14.

The Fifteenth Application is

GRANTED, with the Accountant’s fees of $36,555.15 approved, and the Receiver AWARDED
the holdback in the amount of $7,035.83. The Sixteenth Application is GRANTED, with the
Accountant’s fees of $3,776.00 approved, and the Receiver AWARDED the holdback in the
amount of $755.20. The Clerk is directed to send this Order to counsel.
27th
Entered this _____ day of September, 2017.