UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO
June 15, 2009
SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF
MICHAEL ANTHONY VASSALLO, ET AL, DEFENDANTS.
ORDER DIRECTING BANK OF AMERICA TO PRODUCE DOCUMENTS CONCERNING ACCOUNT No. 23487-01403 AND/OR ACCOUNT HOLDER TUCKER
On April 30, 2009, this Court filed the Order Appointing Temporary Receiver for Equity Investment Management and Trading, Inc. ("EIMT") and Order to Show Cause for Appointment of Permanent Receiver ("OAR"). Pursuant to the OAR, for good cause shown, and in order to empower and authorize the Receiver to carry out his duties and obligations,
THE COURT HEREBY FINDS AND ORDERS AS FOLLOWS:
Based on Receiver's investigation thus far, it appears that EIMT transferred investor funds to various subfunds. Veritas Investments, LLC is one of EIMT's various subfunds; Veritas Investments, LLC wired $1,875,000 to Bank of America Account No. 23487-01403, an a ccount which is held in the name of Michael Tucker ("Tucker Account") on or about December 31, 2008; Receiver is investigating where the $1,875,000 went after it was transferred to the Tucker Account; To facilitate Receiver's investigation, Bank of America is hereby directed to provide to Receiver information and documentation concerning the dispensation of the $1,875,000 transferred to the Tucker Account on or about December 31, 2008, including, but not limited to account numbers, account holder identification and other similar information sufficient to trace funds transferred from the Tucker Account after its receipt of the $1,875,000 from Veritas Investments, LLC on or about December 31, 2008. Bank of America is hereby further directed to cooperate fully with Recever in his investigation and audit.
IT IS SO ORDERED.
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