Securities and Exchange Commission v. Davis, 3:16-CV-285. (2018)
Court: District Court, W.D. North Carolina
Number: infdco20180725c14
Visitors: 10
Filed: Jul. 24, 2018
Latest Update: Jul. 24, 2018
Summary: ORDER ON AMENDED REPORT OF CLAIMS, OBJECTIONS TO CLAIMS AND RECOMMENDATIONS REGARDING CLAIMS GRAHAM C. MULLEN , Chief District Judge . This matter came before the Court on the Amended Report of Claims, Objections to Claims and Recommendations Regarding Claims (the "Amended Claims Report") (Doc. No. 192) filed by A. Cotten Wright as Receiver (the "Receiver") in this case, through counsel. The Amended Claims Report reflected revised recommendations as to claims submitted by investors in the
Summary: ORDER ON AMENDED REPORT OF CLAIMS, OBJECTIONS TO CLAIMS AND RECOMMENDATIONS REGARDING CLAIMS GRAHAM C. MULLEN , Chief District Judge . This matter came before the Court on the Amended Report of Claims, Objections to Claims and Recommendations Regarding Claims (the "Amended Claims Report") (Doc. No. 192) filed by A. Cotten Wright as Receiver (the "Receiver") in this case, through counsel. The Amended Claims Report reflected revised recommendations as to claims submitted by investors in the ..
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ORDER ON AMENDED REPORT OF CLAIMS, OBJECTIONS TO CLAIMS AND RECOMMENDATIONS REGARDING CLAIMS
GRAHAM C. MULLEN, Chief District Judge.
This matter came before the Court on the Amended Report of Claims, Objections to Claims and Recommendations Regarding Claims (the "Amended Claims Report") (Doc. No. 192) filed by A. Cotten Wright as Receiver (the "Receiver") in this case, through counsel. The Amended Claims Report reflected revised recommendations as to claims submitted by investors in the various Relief Defendants that were previously made in the Receiver's Report of Claims, Objections to Claims and Recommendations Regarding Claims filed on May 15, 2018 (Doc. No. 186).
It appears that notice of the Amended Claims Report was proper, and no responses to the Amended Claims Report were filed. However, the Trustee received additional information as to Claim 137 indicating that the allowed amount of that claim should be increased from $43,960.00 to $70,779.18.
The Court, having reviewed the Amended Claims Report and the record in this case, has determined that the Amended Claims Report should be allowed and that the Receiver's recommended treatment of claims as set out in Exhibit A should be approved.
IT IS, THEREFORE, ORDERED that:
1) The relief requested in the Amended Claims Report is GRANTED; and
2) The Receiver's recommendations as to the allowance and disallowance of claims as set forth in the attached Exhibit A are approved.
SO ORDERED.
EXHIBIT A
ORDER ON AMENDED CLAIMS REPORT
Claim No. Allowed Claim Claim No. Allowed Claim Claim No. Allowed Claim
Amount Amount Amount
1 $ 21,000.00 102 $ 70,899.60 137 $ 70,779.18
2 $ 50,000.00 103 $139,069.00 138 $ 50,000.00
3 $250,000.00 105 $ 26,467.00 139 $ 82,450.00
4 $ 40,000.00 106 $131,646.16 140 $ 40,000.00
5 $711,080.92 107 $103,495.46 142 $405,791.63
6 $ 93,080.89 108 $257,103.49 143 $102,900.00
7 $ 33,563.33 109A $ 93,825.00 144 $ 37,089.04
8 $ 20,000.00 109B $ 30,000.00 145 $ 30,000.00
9 $ 40,000.00 110 $129,513.89 146 $100,000.00
10 $ 50,000.00 111 $250,000.00 147 $ 25,000.00
13 $ 25,000.00 112 $544,190.58 148 $ 15,500.00
14 $858,863.84 113 $380,088.19 149A $ 85,000.00
18 $50,000.00 115 $150,438.99 149B $219,548.93
19 $50,000.00 116 $ 26,516.56 149C $ 87,878.00
20 $25,000.00 117 $834,128.94 150 $240,100.00
21A $191,605.00 118 $ 8,795.55 151 $ 0.00
21B $23,051.00 119 $ 17,917.12 152 $276,567.00
23 $115,000.00 120 $127,087.60 153 $ 9,253.17
24 $ 0.00 121 $132,535.62 154 $ 75,000.00
25 $100,000.00 122A $ 1,558.39 155 $ 21,775.40
26 $44,842.00 122B $114,295.75 156 $ 21,000.00
27 $50,000.00 122C $152,328.09 157 $ 68,354.63
28 $427,783.00 124 $100,000.00 159A $109,590.01
29 $315,832.00 125 $ 50,000.00 159B $150,000.00
31 $ 0.00 126 $ 49,400.00 159C $10,000.00
36 $ 87,701.89 127A $155,000.00 159D $ 50,000.00
37 $ 50,000.00 127B $ 0.00 159E $ 444,486.78
39 $ 50,000.00 127C $927,592.00 159F $ 60,000.00
40 $205,816.91 128A $ 61,000.00 160 $ 0.00
42 $268,000.00 128B $192,500.00 161 $ 64,313.25
43A $150,000.00 128C $ 98,369.70 162 $150,000.00
43B $232,040.10 129 $194,637.00
45 $200,000.00 130 $870,370.00
46 $ 20,862.44 131 $ 50,000.00
47 $ 34,822.70 132 $ 50,000.00
50 $ 36,498.42 133 $ 1,000.00
51 $ 31,373.00 134 $302,869.75
53 $116,882.00 135 $ 51,000.00
101 $546,505.98 136 $ 16,500.00
Source: Leagle
