Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-85/pdf.json

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

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UNITED STATES DISTRICT COURT

FOR THE EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE

COMMISSION,

NO. CIV. S-09-0665 LKK/DAD

Plaintiff,

v.

O R D E R

ANTHONY VASSALLO, KENNETH

KENITZER, and EQUITY 

INVESTMENT MANAGEMENT AND

TRAINING, INC.,

Defendants.

 /

On September 10, 2010, the Receiver filed a motion to disgorge

a Land Rover from Concettina Ferentz. This motion was set to be

heard on October 12, 2010. According to E.D. Cal. Local Rules,

Ferentz’s opposition or statement of non-opposition was due on or

before September 28, 2010. Ferentz failed to file an opposition.

Rather, on Friday October 8, 2010 at 5:20 p.m. counsel for Ferentz

filed a declaration requesting a thirty-day continuance of the

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Case 2:09-cv-00665-JAM-KJN Document 357 Filed 10/14/10 Page 1 of 2
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 Monday, October 11, 2010 was a federal holiday. Accordingly, 1

the court did not receive the declaration until an hour before the

hearing.

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hearing. Counsel claims that he experienced some difficulties in 1

obtaining admission to the Eastern District of California. He

further stated his belief that Ferentz is ill. On October 11, 2010,

counsel for the Receiver filed a responsive declaration. She

expressed concerns that Ferentz is merely attempting to delay

proceedings. Specifically, she contends that Ferentz’s counsel has

not provided any reason for his failure to timely register with the

Eastern District or to find local counsel to appear on his behalf.

The court held a hearing on the motion to disgorge on October

12, 2010. Counsel for Ferentz did not appear at the hearing despite

his filing of a declaration after 5:00 p.m. on the business day

before the hearing.

For the foregoing reasons, the court CONTINUES the hearing on

the Receiver’s Motion for Disgorgement, ECF No. 334, until October

25, 2010 at 10:00 a.m. Ferentz shall file an opposition or

statement of non-opposition by 9:00 a.m. on October 18, 2010. The

Receiver may file a reply any time before the hearing. The court

will not grant any further continuances of this motion. Failure to

timely file an opposition will be considered non-opposition to the

motion.

IT IS SO ORDERED.

DATED: October 13, 2010.

Case 2:09-cv-00665-JAM-KJN Document 357 Filed 10/14/10 Page 2 of 2