Elawyers Elawyers
Ohio| Change

IN RE REFCO SECURITIES LITIGATION, 07 MDL 1902 (JSR) (2014)

Court: District Court, S.D. New York Number: infdco20140603c53 Visitors: 2
Filed: May 29, 2014
Latest Update: May 29, 2014
Summary: ORDER JED S. RAKOFF, District Judge. On May 2, 2014, Special Master Ronald Hedges issued a Report and Recommendation in the above-captioned cases recommending that judgment be entered in favor of plaintiffs and against each of defendants Christopher Sugrue, Phillip Bennett, Refco Group Holdings, Inc. ("RGHI"), and Thomas Hackl, jointly and severally, in the sum of $669,370,991.88, plus $78,430.14 for each day after April 29, 2014 until the date judgment is entered. Because no objections to the
More

ORDER

JED S. RAKOFF, District Judge.

On May 2, 2014, Special Master Ronald Hedges issued a Report and Recommendation in the above-captioned cases recommending that judgment be entered in favor of plaintiffs and against each of defendants Christopher Sugrue, Phillip Bennett, Refco Group Holdings, Inc. ("RGHI"), and Thomas Hackl, jointly and severally, in the sum of $669,370,991.88, plus $78,430.14 for each day after April 29, 2014 until the date judgment is entered. Because no objections to the Report and Recommendation have been filed, the Court hereby adopts by reference the May 2 Report and Recommendation. Accordingly, the Clerk of the Court is hereby directed to enter judgment in favor of plaintiffs and against defendants Sugrue, Bennett, RGHI, and Hackl, jointly and severally, in the sum of $671,723,896.08, which reflects defendants' liability as of May 29, 2014.

SO ORDERED.

Source:  Leagle

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer