Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-casd-3_04-cv-02037/USCOURTS-casd-3_04-cv-02037-6/pdf.json

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

---

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

- 1 - 04-CV-2037W

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE

COMMISSION,

Plaintiff,

CASE NO. 04-CV-2037 W (LSP)

ORDER APPROVING

(1) SETTLEMENT WITH

SOUTHWESTERN BELL

YELLOW PAGES AND

(2) DISTRIBUTION OF

PROCEEDS OF SALE OF

REAL AND PERSONAL

PROPERTY OF DEFENDANT

ARNULFO M. ACOSTA

v.

LEARN WATERHOUSE, INC.,

RANDALL T. TREADWELL, RICK

D. SLUDER, LARRY C. SATURDAY,

and ARNULFO M. ACOSTA,

Defendants.

Having considered the motion of Thomas F. Lennon (“Receiver”), permanent

receiver for Learn Waterhouse, Inc., its subsidiaries and affiliates (“LWI”), for an order

approving (1) the settlement between the Receiver and Southwestern Bell Yellow Pages,

Inc. (“SBYP”), and (2) distribution of proceeds of sale of real and personal property of

Defendant Arnulfo M. Acosta (the “Motion”), and all papers submitted in support

thereof; finding that all Defendants were served with the Motion including, without

limitation, Defendant Arnulfo M. Acosta; finding that notwithstanding such service,

no opposition, request for extension of time to file an opposition, or other response to

Case 3:04-cv-02037-W-DHB Document 486 Filed 03/25/08 Page 1 of 2
1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

- 2 - 04-CV-2037W

the Motion was timely filed, and thus the Motion is unopposed; and being fully advised

in the premises and good cause appearing therefor:

IT IS HEREBY ORDERED AS FOLLOW:

1. The Motion (Doc. No. 480) is granted;

2. The settlement agreement between the Receiver and SBYP, which is

attached to the Receiver’s Memorandum of Points and Authorities (Doc.

No. 480-2) as Exhibit B, is approved;

3. The following proposed distribution of proceeds from the sale of Defendant

Acosta’s Property and Equipment is approved: SBYP, $120,000.00; LWI

Receivership Estate, $48,002.96; Internal Revenue Service, $188,997.04;

and

4. All liens on the sale proceeds are discharged.

IT IS SO ORDERED.

DATED: March 25, 2008

Hon. Thomas J. Whelan

United States District Judge

Case 3:04-cv-02037-W-DHB Document 486 Filed 03/25/08 Page 2 of 2