Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-01386/USCOURTS-cand-3_16-cv-01386-35/pdf.json

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

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STIPULATION AND [PROPOSED] ORDER MODIFYING BRIEFING AND HEARING 

SCHEDULE 

Case No. 3:16-cv-01386-EMC

JONATHAN K. LEVINE (SBN: 220289)

ELIZABETH C. PRITZKER (SBN: 146267)

BETHANY L. CARACUZZO (SBN: 190687)

PRITZKER LEVINE LLP

180 Grand Avenue, Suite 1390 

Telephone: (415) 692-0772 

Facsimile: (415) 366-6110 

Email: jkl@pritzkerlevine.com 

 ecp@pritzkerlevine.com 

 bc@pritzkerlevine.com 

Attorneys for the SRA Funds Investor Group 

[Additional counsel appear on signature pages]

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

SECURITIES AND EXCHANGE 

COMMISSION, 

Plaintiff, 

vs. 

JOHN V. BIVONA; SADDLE RIVER 

ADVISORS, LLC; SRA MANAGEMENT 

LLC; FRANK GREGORY MAZZOLA, 

Defendants, and

SRA I LLC; SRA II LLC; SRA III LLC; 

FELIX INVESTMENTS, LLC; MICHELE J. 

MAZZOLA; ANNE BIVONA; CLEAR 

SAILING GROUP IV LLC; CLEAR 

SAILING GROUP V LLC,

Relief Defendants.

Case No: 3:16-cv-01386-EMC 

STIPULATION AND ORDER 

MODIFYING BRIEFING AND HEARING 

SCHEDULE ON RECEIVER’S MOTION 

TO EMPLOY PROFESSIONALS AND 

FOR INSTRUCTIONS 

Date: January 16, 2020 

Time: 1:30 p.m. 

Courtroom: 5 

Judge: Hon. Edward M. Chen 

Case 3:16-cv-01386-EMC Document 545 Filed 12/26/19 Page 1 of 3
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STIPULATION AND [PROPOSED] ORDER MODIFYING BRIEFING AND HEARING 

SCHEDULE AND RESCHEDULING CASE MANAGEMENT CONFERENCE

 Case No. 3:16-cv-01386-EMC

Successor Receiver Kathy Bazoian Phelps and counsel for plaintiff Securities and Exchange 

Commission (“Commission”) and the SRA Funds Investor Group (“Investor Group”) hereby 

submit this Stipulation and [Proposed] Order to modify the briefing and hearing schedule on Ms. 

Phelp’s pending motion to employ certain professionals and for instructions (Dkt. Nos. 516 and 

538) 

STIPULATION

On August 15, 2019, Ms. Phelps filed a motion seeking Court approval to hire a tax advisor 

and securities counsel to provide advice with respect to the implementation of a distribution plan in 

this case. See Dkt. No. 516. 

On December 16, 2019, Ms. Phelps filed a supplemental brief in connection with that 

pending motion. See Dkt. No. 538. Under the current schedule, the Investor Group’s response to 

the supplemental brief is due on December 30, 2019, with a reply on January 6, 2020, and a hearing 

on January 16, 2020. 

Having reviewed the contents of Ms. Phelps’ supplemental brief, and in light of the 

impending holidays, which makes it difficult to consult with clients and advisors, counsel for the 

Investor Group has requested an additional two weeks in which to file a response. Ms. Phelps and 

the Commission do not object to extending the briefing schedule and hearing date on the pending 

motion. 

Ms. Phelps and counsel for the Commission and the Investor Group have conferred and 

agreed that, subject to Court approval, the briefing schedule and hearing date on the pending motion 

should be modified as follows: Any opposition by the Investor Group will be filed by January 13, 

2020, with a reply filed by January 21, 2020, and a hearing at 1:30 p.m. on January 30, 2020. 

DATED: December 24, 2019 Jonathan K. Levine________________ 

Jonathan K. Levine 

PRITZKER LEVINE LLP 

Attorneys for the SRA Funds Investor Group 

Case 3:16-cv-01386-EMC Document 545 Filed 12/26/19 Page 2 of 3
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STIPULATION AND [PROPOSED] ORDER MODIFYING BRIEFING AND HEARING 

SCHEDULE AND RESCHEDULING CASE MANAGEMENT CONFERENCE

 Case No. 3:16-cv-01386-EMC

John S. Yun______________________ 

John S. Yun 

Attorneys for Plaintiff Securities and 

Exchange Commission 

Kathy Bazoian Phelps______________ 

Kathy Bazoian Phelps 

DIAMOND MCCARTHY LLP

Successor Receiver

ORDER

The Court hereby accepts the modified briefing and hearing schedule set forth in the 

Stipulation above and orders as follows: 

1. Any opposition by the Investor Group to the Successor Receiver’s pending motion

(Dkt. Nos. 516 and 538) must be filed on or before January 13, 2020. 

2. Any reply by the Successor Receiver must be filed on or before January 21, 2020.

3. A hearing on the motion will held at 1:30 p.m. on January 30, 2020.

SO ORDERED 

Dated: _______________, 2019

_________________________________ 

Judge Edward M. Chen 

United States District Court

December 26

Case 3:16-cv-01386-EMC Document 545 Filed 12/26/19 Page 3 of 3