Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-26/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 COMPELLING INVESTACORP TO PRODUCE DOCUMENTS AND FREEZE ACCOUNTS

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 E. GODIN (233187) 

180 Sansome Street, 17th Floor 

San Francisco, CA 94104 

Telephone: (415) 399-3840 

Facsimile: (415) 399-3838 

jdupree@fddcm.com

jgodin@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 INVESTACORP 

TO PRODUCE DOCUMENTS AND 

FREEZE ALL MATTHEW TUCKER 

ACCOUNTS 

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”). 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: 

The Receiver has learned that on December 31, 2008, one of EIMT’s subfunds, Veritas 

Investments, LLC (“Veritas”), wired $1,875,000 to a Bank of America account held in the name 

of Matthew Tucker in connection with the purported purchase of a Collateralized Mortgage 

Obligation (“CMO”). Despite repeated demands by Receiver to Mr. Tucker and his 

representatives to deliver the purported CMO to Receiver, no CMO has been delivered, nor does 

it appear that any CMO was ever purchased with the funds transferred from EIMT. Since no 

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Case 2:09-cv-00665-JAM-KJN Document 111 Filed 08/12/09 Page 1 of 2
[PROPOSED] ORDER COMPELLING INVESTACORP TO PRODUCE DOCUMENTS AND FREEZE ACCOUNTS

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

CMO was purchased, it is Receiver’s position that the $1,875,000 transferred to Mr. Tucker in 

connection with the transaction belongs to the receivership estate and that Mr. Tucker has no 

right, title or interest in or to these funds. The Receiver has also learned that on January 2, 2009, 

at least $650,000 of the $1,875,000 was apparently wired from Mr. Tucker’s Bank of America 

account to a Bank of New York Mellon account and thereafter wired to a Legent Clearing 

account for the benefit of Chicago Investment Group. The money was allegedly used to purchase 

a “bond” which was then transferred to an Investacorp account in early April 2009. 

To facilitate Receiver’s investigation and to prevent the dissipation of EIMT funds, 

Investacorp is hereby directed to provide to Receiver information and documentation concerning 

any and all accounts with Investacorp which Mr. Tucker holds, controls and/or has signing 

authority on (“Tucker Account(s)”) from January 1, 2009 to present, including, but not limited to 

statements and other documentation reflecting receipts by and disbursements from such accounts, 

account numbers and account holder identification. Furthermore, Investacorp is hereby directed 

to freeze any and all Tucker Account(s) pending the resolution of the above-entitled action, unless 

otherwise ordered by this Court. 

Investacorp is hereby further directed to cooperate fully with Receiver in his investigation 

and inquiries on behalf of this Court. 

IT IS SO ORDERED. 

Dated: August 12, 2009 

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Case 2:09-cv-00665-JAM-KJN Document 111 Filed 08/12/09 Page 2 of 2