Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-65/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 PROHIBITING TRANSFER OF LAND ROVER AND REQUIRING MAINTENANCE OF INSURANCE

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 PROHIBITING TRANSFER OF 

LAND ROVER VEHICLE WITHOUT 

FURTHER ORDER OF THE COURT 

AND REQUIRING THE 

MAINTENANCE OF INSURANCE 

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 November 7, 2007, and November 8, 2007, $2,000,000 of EIMT investor funds were 

transferred to Jeff Dennis Ferentz (a California attorney) and/or Jeff Dennis Ferentz, Inc. 

(collectively “Ferentz”), in connection with a “bank sanctioned high yield project funding 

program.” 

This Court previously issued orders authorizing banks and financial institutions to assist 

Receiver in tracing the EIMT investor funds transferred to Ferentz including funds transferred 

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Case 2:09-cv-00665-JAM-KJN Document 275 Filed 05/05/10 Page 1 of 3
[PROPOSED] ORDER PROHIBITING TRANSFER OF LAND ROVER AND REQUIRING MAINTENANCE OF INSURANCE

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

from Jeffrey Dennis Ferentz, Inc. to entities controlled by Mr. Ferentz, including “Nevada 

Securities Arbitration” (Doc. Nos. 149 and 219 ), which remain in full force and effect. 

Of the $2,000,000 in investor funds transferred by EIMT to Ferentz, $100,000 was 

transferred to “Nevada Securities Arbitration Services, Inc.” on November 13, 2007 “for 

Vassallo.” The same day, check No. 2283 was made payable from that entity to Wells Fargo 

Bank in the amount of $76,552.79 with the “for” notation of “Land Rover Newport Beach.” 

On April 27, 2010, this Court issued an order directing Land Rover of Newport Beach to 

provide documents and information concerning the $76,552.79 transferred to it, including 

information about any vehicle purchased, and prohibiting Land Rover of Newport Beach from 

notifying its customer of this order and/or its compliance with it until it has supplied Receiver with 

the Responsive information and for ten (10) days thereafter, which remains in full force and effect. 

(Doc. 269) Through this order, Receiver has received significant information from Land Rover of 

Newport Beach permitting him to further trace the disposition of EIMT investor funds transferred 

to Ferentz. 

Receiver’s investigation has revealed that on or before November 13, 2007, Jeff Ferentz 

purchased a Land Rover RR Sport SC, Vehicle Identification Number SALSH23468A135347, in 

the name of Nationwide Securities (“Land Rover”). The car was purchased for $81,552.79, with 

$5,000.00 paid via an American Express credit card in the name of Jeff Ferentz and the remaining 

balance of $76,552.79 paid via Wells Fargo cashier’s check from EIMT investor funds deposited 

into the account of “Nevada Securities Arbitration Services, Inc.” Mr. Ferentz died in June 2008. 

Receiver’s investigation has revealed that the Land Rover is currently registered with the State of 

Nevada Department of Motor Vehicles in the name of Concettina M. Ferentz. Receiver believes 

Ms. Ferentz is Jeff Ferentz’s widow. Receiver believes that EIMT investor funds were used to 

purchase the Land Rover and therefore the automobile should be considered part of the 

Receivership estate. 

To prevent the further transfer of and/or dissipation of EIMT assets, the Court directs 

Concettina M. Ferentz and any other person in possession, custody or control of the Land Rover, 

not to sell, transfer, exchange, encumber or otherwise take any action impairing the value of the 

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Case 2:09-cv-00665-JAM-KJN Document 275 Filed 05/05/10 Page 2 of 3
[PROPOSED] ORDER PROHIBITING TRANSFER OF LAND ROVER AND REQUIRING MAINTENANCE OF INSURANCE

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Land Rover pending further Court order. Concettina M. Ferentz is further directed to maintain 

automobile insurance on the Land Rover pending further Court order. 

Concettina M. Ferentz is hereby further directed to cooperate fully with Receiver in 

Receiver’s activities, investigation and inquiries on behalf of this Court. 

IT IS SO ORDERED. 

Dated: May 5, 2010 

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Case 2:09-cv-00665-JAM-KJN Document 275 Filed 05/05/10 Page 3 of 3