Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-27/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 DIR. REDDING BANK OF COMMERCE TO CANCEL CASHIER’S CHECK & REMIT TO RECEIVER

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 REDDING BANK 

OF COMMERCE TO CANCEL 

CASHIER’S CHECK PAYABLE TO 

VERITAS INVESTMENTS LLC AND 

REMIT AMOUNT PAID FOR CHECK 

TO RECEIVER 

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: 

During its investigation into the fraud perpetrated by defendants, the Securities and 

Exchange Commission (“SEC”) was able to locate and freeze approximately $1.2 million of 

EIMT investor money located at the Redding Bank of Commerce in Roseville, California. 

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Case 2:09-cv-00665-JAM-KJN Document 115 Filed 08/20/09 Page 1 of 2
[PROPOSED] ORDER DIR. REDDING BANK OF COMMERCE TO CANCEL CASHIER’S CHECK & REMIT TO RECEIVER

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

The funds frozen are in the form of a cashier’s check made payable to a EIMT sub-fund, 

Veritas Investments, LLC (“Veritas”). 

Receiver’s investigation has revealed that on June 30, 2008, EIMT wired $2 million to 

Veritas and wired another $2 million to Veritas on July 3, 2008. Veritas did not return the $4 

million to EIMT, and Receiver believes that the $1.2 million cashier check made payable to 

Veritas consists of EIMT investor funds. 

Redding Bank of Commerce is hereby directed to cancel the $1.2 million cashier’s check 

in the name of Veritas and remit the amount paid for the $1.2 million cashier’s check to the EIMT 

Receivership, Receiver Stephen E. Anderson’s custody and control. Redding Bank of Commerce 

is further directed to cooperate fully with Receiver in transmitting these funds to him and in 

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

IT IS SO ORDERED. 

Dated: August 20, 2009. 

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Case 2:09-cv-00665-JAM-KJN Document 115 Filed 08/20/09 Page 2 of 2