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Securities and Exchange Commission v. Vassallo

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO


December 8, 2009

SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF
v.
ANTHONY VASSALLO, ET AL, DEFENDANTS.

The opinion of the court was delivered by: Judge Hon. Lawrence K. Karlton

ORDER GRANTING RECEIVER'S FIRST APPLICATION FOR FEES AND COSTS Local Rule 66-232(g) Date: December 7, 2009 Time: 10:00 a.m.

The first application of court-appointed receiver Stephen E. Anderson ("Receiver") for fees and costs through September 30, 2009 came on regularly for hearing on December 7, 2009 at 10:00 a.m. in Courtroom 4 of the above-entitled Court, located at 501 I Street, Sacramento, California, 95814, with Jamie L. Dupree appearing on behalf of Receiver;

Having reviewed the papers of Receiver and having heard the argument of counsel, and

FOR GOOD CAUSE SHOWN, the Court hereby finds and orders as follows:

Receiver's First Application for Fees and Costs is hereby GRANTED. Adequate and proper notice of this application was provided to Equity Investment Management and Trading, Inc. investors and other interested parties. The fees and costs sought by Receiver are reasonable and the services rendered have been of benefit to the receivership estate. Accordingly, Receiver is authorized to make the following payments:

NameFeesCostsTotal Payment Receiver Stephen E. Anderson$57,076.87$1,679.51$58,756.38 Stephan A. Werth, C.P.A.$3,972.50--$3,972.50 Cindi Sherrod$16,210.60$1,155.60$17,366.20 Parsons, Smith & Stone LLP$748.00*fn1 (-$706.76) = $41.24$96.69$137.93 Demco Law Firm, P.S.$825.00$97.00$922.00 Futterman Dupree Dodd Croley Maier LLP$118,512.50$3,271.97*fn2$121,784.47 TOTALS$196,638.71$6,300.77$202,939.48

IT IS SO ORDERED.


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