Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-99/pdf.json

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

---

[PROPOSED] ORDER DIRECTING BANKS AND/OR FINANCIAL INSTITUTIONS TO PRODUCE DOCS. RE BAN EUROPA

CASE NO. CV 09-000665 LKK-DAD 

1

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

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 DIRECTING BANKS AND/OR 

FINANCIAL INSTITUTIONS TO 

PRODUCE DOCUMENTS 

CONCERNING EIMT FUNDS 

TRANSFERRED TO BAN EUROPA 

Judge Lawrence K. Karlton

On April 30, 2009, this Court filed the Order Appointing Temporary Receiver for Equity 

Investment Management and Trading, Inc. (“EIMT”) and Order to Show Cause for Appointment 

of Permanent Receiver (“OAR”) and on July 31, 2009, the Court filed an Order permanently 

appointing Receiver. Pursuant to the OAR, for good cause shown, and in order to empower and 

authorize the Receiver to carry out his duties and obligations, 

THE COURT HEREBY FINDS AND ORDERS AS FOLLOWS: 

 On October 7, 2008, defendant Anthony Vassallo transferred $195,000 of investor funds 

from Veritas Investment LLC’s U.S. Bank Account Number XXXXXXXX2642 (“Veritas 

Account”) to Commerce Bank (now TD Bank) Account Number XXXXXX3742, an account 

which is held in the name of Ban Europa (“Ban Europa Account”). The $195,000 was wired to 

Ban Europa in connection with a certificate of deposit “investment” facilitated by a company 

Case 2:09-cv-00665-JAM-KJN Document 407 Filed 04/14/11 Page 1 of 2
[PROPOSED] ORDER DIRECTING BANKS AND/OR FINANCIAL INSTITUTIONS TO PRODUCE DOCS. RE BAN EUROPA

CASE NO. CV 09-000665 LKK-DAD 

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

FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

called NCT Trading, LTD (“NCT Trading”) and its Chairman Edwin Westlake. Receiver 

located a signed “Program Trade Agreement” entered into between Vassallo and NCT Trading, 

but has been unable to discern any legitimate business reason for the transaction which did not 

financially benefit the EIMT investors. 

 To facilitate Receiver’s investigation in tracing the disposition of EIMT investor funds, 

any and all banks and/or financial institutions, including, but not limited to Commerce Bank 

and/or TD Bank, are direct to provide information and documentation to Receiver tracing where 

the $195,000 withdrawn from the Veritas Account on October 7, 2008, went, including after its 

deposit into the Ban Europa Account at Commerce Bank/TD Bank, including, but not limited to 

all bank statements and other documentation reflecting receipts by, disbursements from, and 

transfers to/from such account(s), account number(s) and account holder identification. 

Any and all banks and/or financial institutions, including, but not limited to Commerce 

Bank and/or TD Bank are hereby further directed to cooperate fully with Receiver in his 

investigation and inquiries on behalf of this Court. 

IT IS SO ORDERED. 

Dated: April 13, 2011 

Case 2:09-cv-00665-JAM-KJN Document 407 Filed 04/14/11 Page 2 of 2