Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-83/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] AMENDED ORDER DIRECTING CHARLES SCHWAB TO PROVIDE DOCUMENTS AND INFORMATION

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

AMENDED ORDER DIRECTING 

CHARLES SCHWAB TO PROVIDE 

DOCUMENTS AND INFORMATION 

CONCERNING B&B CONSULTING AND 

KARI BEAUCHAMP-SONOVICH 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: 

EIMT invested substantial funds with Arcanum Equity Fund, LLC, Vestium Equity 

Fund, LLC, and/or Vestium Management Group, LLC (collectively, “Vestium”). In connection 

with disgorgement proceedings against Vestium, Vestium asserted that it wired $872,305.80 of 

EIMT funds invested with it to an entity called Phlorian Racing in England on or about February 

9, 2009. 

Case 2:09-cv-00665-JAM-KJN Document 349 Filed 09/29/10 Page 1 of 3
[PROPOSED] AMENDED ORDER DIRECTING CHARLES SCHWAB TO PROVIDE DOCUMENTS AND INFORMATION

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Based on his investigation into Phlorian Racing and his efforts to recover the 

$872,305.80, Receiver believes that there is a connection between Sir Joseph Birch and Phlorian 

Racing. 

Around the same time Vestium reports that it wired EIMT investor funds to Phlorian 

Racing, certain EIMT investors were solicited by Kari Beauchamp-Sonovich (“Sonovich”) to 

invest in a business called B&B Consulting, Inc., which in turn would send funds to Sir Joseph 

Birch for investment. These EIMT investors were assured that their investment with B&B 

Consulting, Inc./Sir Joseph Birch would not only recoup their losses in EIMT, but would secure 

profits. At the time she solicited funds to invest with Sir Joseph Birch, Ms. Sonovich was 

involved in an intimate relationship with Defendant Anthony Vassallo, with whom she had a 

child last year. 

Certain EIMT investors who were solicited to invest and did invest funds with Ms. 

Sonovich have provided Receiver with bank account information where they transferred their 

funds to Ms. Sonovich who was to transfer them to Sir Joseph Birch. Those funds were 

transferred to Charles Schwab account number XXXX-8147 in the name of B&B Consulting, 

Inc. 

Receiver has been unable to trace the funds Vestium reportedly wired to Phlorian Racing. 

Receiver believes if Ms. Sonovich in fact wired funds to Sir Joseph Birch as she represented she 

was doing, then that wire information might assist him to trace the EIMT investor funds Vestium 

reportedly wired to Phlorian Racing. 

To further assist Receiver’s investigation in tracing the $872,305.80 of EIMT funds 

Vestium reportedly wired to Phlorian Racing, the Court hereby directs Charles Schwab to 

provide information and documentation concerning any and B&B Consulting, Inc. accounts, 

including but not limited to Charles Schwab Account No. XXXX-8147, and/or any accounts on 

which Ms. Sonovich had signing authority from December 2008 to present, including but not 

limited to statements and other documentation reflecting receipts by and disbursements from 

such accounts, account numbers and account holder information. 

Case 2:09-cv-00665-JAM-KJN Document 349 Filed 09/29/10 Page 2 of 3
[PROPOSED] AMENDED ORDER DIRECTING CHARLES SCHWAB TO PROVIDE DOCUMENTS AND INFORMATION

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Charles Schwab is further directed to cooperate fully with Receiver in Receiver’s 

activities, investigation and inquiries on behalf of this Court. 

This order amends the Court’s Order on the same topic issued on September 14, 2010 

(Doc. No. 339). 

IT IS SO ORDERED.

Dated: September 29, 2010 

Case 2:09-cv-00665-JAM-KJN Document 349 Filed 09/29/10 Page 3 of 3