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Securities and Exchange Commission v. Rex Venture Group, LLC, 3:12-cv-519. (2019)

Court: District Court, W.D. North Carolina Number: infdco20191008q33 Visitors: 12
Filed: Oct. 01, 2019
Latest Update: Oct. 01, 2019
Summary: ORDER GRAHAM C. MULLEN , District Judge . This matter is before the Court upon the Receiver's original and amended motions to find Victoriabank in contempt of the Court's Order freezing and preserving receivership assets (Doc. Nos. 469 and 671). A hearing was held in this matter on October 1, 2019. For the reasons stated in open court, IT IS THEREFORE ORDERED that the Receiver's Motion and Renewed Motion are DENIED as to Victoriabank. The February 12, 2016 Freeze Order shall remain in effe
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ORDER

This matter is before the Court upon the Receiver's original and amended motions to find Victoriabank in contempt of the Court's Order freezing and preserving receivership assets (Doc. Nos. 469 and 671). A hearing was held in this matter on October 1, 2019. For the reasons stated in open court,

IT IS THEREFORE ORDERED that the Receiver's Motion and Renewed Motion are DENIED as to Victoriabank. The February 12, 2016 Freeze Order shall remain in effect for 30 days to allow the Receiver an opportunity to appeal should he wish to do so.

Source:  Leagle

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