Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_02-cv-03704/USCOURTS-cand-3_02-cv-03704-7/pdf.json

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

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DAVIS GRAHAM & STUBBS LLP 

TOM MCNAMARA (NO. 19,880) 

GLEN E. KELLER, JR. (NO. 03113) 

1550 Seventeenth Street, Suite 500 

Denver, Colorado 80202 

Telephone: (303) 892-9400 

Facsimile: (303) 893-1379 

FOLGER LEVIN & KAHN LLP 

CASEY MCNAMARA (Ca. Bar 209205) 

275 Battery Street, 23rd Floor 

San Francisco, CA 94111 

Telephone: (415) 986-2800 

Facsimile: (415) 986-2827 

Attorneys for 

COMET ENTERPRISES, LLC 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

SECURITIES AND EXCHANGE 

COMMISSION, 

 Plaintiff, 

v. 

CLAUDE LEFEBVRE; DENNIS S. 

HERULA; RMO ASSETS MANAGEMENT 

SA; and WATCH HILL CAPITAL 

MANAGEMENT LLC 

 Defendants. 

No. C-02-3704 JSW 

[PROPOSED] ORDER MODIFYING 

ASSET FREEZE ORDER 

This matter is before the Court on the motion of Comet Enterprises, LLC (“Comet”) for 

an Order modifying the Freeze Order entered herein with respect to certain funds held by 

Geragos & Geragos, and the Court being fully advised, finds that Geragos & Geragos is in 

possession of one million dollars ($1,000.000.00) together with interest accrued thereon which is 

traceable to funds improperly taken by Defendants herein from Comet as hereinbefore found in 

Case 3:02-cv-03704-JSW Document 164 Filed 02/24/06 Page 1 of 2
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this Court’s previous order modifying the Freeze Order with respect to Comet funds held in 

accounts at Merrill Lynch Pierce Fenner and Smith. It appears from the attachments to the 

motion that Comet and Geragos and Geragos have resolved their disputes with regards to proper 

disposition of the funds and that no further purpose for the imposition of the Freeze Order 

remains with respect to those funds. 

Now, therefor, it is ordered that the Freeze Order hereinbefore entered is modified to 

permit Comet to recover the one million dollars ($1,000,000.00) together with the accumulated 

interest thereon held by Geragos & Geragos pursuant to the stipulation entered between the 

Geragos & Geragos and Comet in the Bankruptcy Court in Rhode Island. 

DATED: 

 

United States District Judge 

Further, the SEC, Defendants and Geragos and Geragos do 

not oppose the motion. February 24, 2006

Case 3:02-cv-03704-JSW Document 164 Filed 02/24/06 Page 2 of 2