Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-102/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 APPROVING RECEIVER’S FOURTH APPLICATION FOR FEES AND COSTS

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 

FOURTH APPLICATION FOR FEES 

AND COSTS 

Local Rule 66-232(g) 

Date: May 9, 2011 

Time: 10:00 a.m. 

Courtroom: 4, 15th Floor 

Judge: Hon. Lawrence K. Karlton 

The fourth application of court-appointed receiver Stephen E. Anderson (“Receiver”) for 

fees and costs incurred from October 1, 2010 through January 31, 2011 came on regularly for 

hearing on May 9, 2011 at 10:00 a.m. in Courtroom 4 of the above-entitled Court, located at 501 

I Street, Sacramento, California, 95814, with Jamie L. Dupree appearing on behalf of Receiver; 

Having reviewed the papers of Receiver, and having heard the argument of counsel, and 

FOR GOOD CAUSE SHOWN, the Court hereby finds and orders as follows: 

Receiver’s Fourth Application for Fees and Costs is hereby GRANTED. Adequate and 

proper notice of this application was provided to Equity Investment Management and Trading, 

Inc. investors and other interested parties. The fees and costs sought by Receiver are reasonable 

and the services rendered have been of benefit to the receivership estate. 

Case 2:09-cv-00665-JAM-KJN Document 412 Filed 05/10/11 Page 1 of 2
[PROPOSED] ORDER APPROVING RECEIVER’S FOURTH APPLICATION FOR FEES AND COSTS

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Accordingly, Receiver is authorized to make the following payments: 

Name Fees Costs Total Payment 

Receiver Stephen E. 

Anderson $39,723.75 $121.02 $39,844.77 

Stephan A. Werth, 

C.P.A. $12,477.50 $0.00 $12,477.50 

Cindi Sherrod $29,400.00 $2,148.74 $31,548.74 

Demco Law Firm, 

P.S. $2,364.00 $351.901

 $2,715.90 

Futterman Dupree 

Dodd Croley Maier 

LLP $52,895.75 $3,752.352

 $56,648.10 

TOTALS $136,861.00 $6,374.01 $143,235.01 

Receiver is also hereby authorized to continue to engage his Washington counsel, Demco 

Law Firm, P.S. at the increased rate of $250.00/hour, retroactive to October 1, 2010. 

IT IS SO ORDERED. 

Dated: May 9, 2011. 

 

1

 Futterman Dupree Dodd Croley Maier LLP has already issued a payment to Demco Law Firm, P.S., in the amount 

of $336.00 and has included this payment as a cost on its October 2010 invoice. This is reflected in Receiver’s 

calculations. 

2

 See note 1. 

Case 2:09-cv-00665-JAM-KJN Document 412 Filed 05/10/11 Page 2 of 2