Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-97/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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[PROPOSED] ORDER GRANTING MOTION TO APPROVE SETTLEMENT WITH LINDA AND HARVEY VECHERY

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

FUTTERMAN DUPREE DODD CROLEY MAIER LLP

JAMIE L. DUPREE (158105) 

JAIME G. TOUCHSTONE (233187) 

180 Sansome Street, 17th Floor 

San Francisco, CA 94104 

Telephone: (415) 399-3840 

Facsimile: (415) 399-3838 

jdupree@fddcm.com

jtouchstone@fddcm.com

Attorneys for Receiver 

Stephen E. Anderson 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SACRAMENTO 

SECURITIES AND EXCHANGE 

COMMISSION, 

Plaintiff 

 v. 

ANTHONY VASSALLO, et al, 

Defendants. 

Case No. CV 09-000665 LKK-DAD

ORDER GRANTING RECEIVER’S 

MOTION TO APPROVE SETTLEMENT

WITH LINDA AND HARVEY 

VECHERY AS TRUSTEES FOR THE 

VECHERY FAMILY TRUST AND/OR 

INDIVIDUALLY 

Date: February 28, 2011 

Time: 10:00 a.m. 

Location: Courtroom 4, 15th Floor 

Judge: Hon. Lawrence K. Karlton 

The motion of Receiver Stephen E. Anderson (“Receiver”) to Approve Settlement with 

Linda And Harvey Vechery as Trustees for The Vechery Family Trust and/or individually came 

on regularly for hearing in Courtroom 4 of the above-entitled Court on February 28, 2011, at 

10:00 a.m., the Honorable Lawrence K. Karlton presiding, with counsel appearing on behalf of 

Receiver. The Court having considered the papers submitted in support of such motion, and the 

arguments of counsel and for good cause shown, 

THE COURT FINDS AND ORDERS AS FOLLOWS: 

Receiver’s Motion to Approve the Settlement with Linda And Harvey Vechery as 

Trustees for The Vechery Family Trust and/or individually IS HEREBY GRANTED. 

Case 2:09-cv-00665-JAM-KJN Document 399 Filed 03/01/11 Page 1 of 2
[PROPOSED] ORDER GRANTING MOTION TO APPROVE SETTLEMENT WITH LINDA AND HARVEY VECHERY

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Adequate and proper notice of this motion was provided to Defendant Equity Investment 

Management and Trading, Inc. (“EIMT”) investors and other interested parties. The proposed 

settlement with Linda And Harvey Vechery as Trustees for The Vechery Family Trust and/or 

individually is fair and equitable to the defrauded EIMT investors, and will provide substantial 

immediate value while minimizing expenses to the receivership estate. The proposed settlement 

is particularly reasonable given that the Vecherys produced to Receiver information and 

documents that raise a number of factual issues, the resolution of which would likely require a 

costly evidentiary hearing. Accordingly, the settlement is hereby approved, and Receiver is 

authorized to take all actions necessary to complete the settlement. 

IT IS SO ORDERED. 

Dated: March 1, 2011 

Case 2:09-cv-00665-JAM-KJN Document 399 Filed 03/01/11 Page 2 of 2