Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-01386/USCOURTS-cand-3_16-cv-01386-8/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] STIPULATION AND ORDER APPROVING FEES 

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JOHN W. COTTON (SBN 54912) 

Email: JCotton@gghslaw.com GARTENBERG GELFAND & HAYTON LLP 

15260 Ventura Blvd., Suite 1920 

Sherman Oaks, CA 91403 

(213) 542-2100 

(818) 292-0898 

Counsel to Independent 

Monitor Michael A. Maidy 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE 

COMMISSION, 

 Plaintiff, 

 v. 

JOHN B. BIVONA; SADDLE RIVER 

ADVISERS, LLC; SRA 

MANAGEMENT ASSOCIATES, LLC; 

FRANK GREGORY MAZZOLA 

 Defendants. 

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Case No. 3:16-cv-1386

[PROPOSED] ORDER AND 

STIPULATION GRANTING 

THE INDEPENDENT 

MONITOR AND HIS 

COUNSEL’S MOTION FOR 

THE PAYMENT OF FEES 

Date: May 12, 2016 

Time: 1:30 PM 

Judge: Edward M. Chen 

 

 The parties, U.S. Securities & Exchange Commission, and defendants 

Saddle River Advisers, LLC (“Saddle River”) and SRA Management 

Associates, LLC (“SRA Management”), hereby stipulate and agree to the entry 

of an order as follows: 

1.) The Independent Monitor in this matter, Michael A. Maidy, and his 

special counsel John W. Cotton, have each submitted their bills for services 

and expenses for the period of March 25 to April 30, 2016, in a Motion to the 

Court dated May 11, 2016 (Docket # 78). 

2.) Pursuant to the Court’s TRO order dated March 25, 2016 (Docket # 

36), defendants Saddle River and SRA Management shall be responsible for 

Case 3:16-cv-01386-EMC Document 102 Filed 05/26/16 Page 1 of 3
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[PROPOSED] STIPULATION AND ORDER APPROVING FEES 

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the payment of the reasonable costs, fees and expenses of the Independent 

Monitor and any attorney hired by him 

3.) The parties to these fee applications, plaintiff U.S. Securities and 

Exchange Commission and defendants Saddle River and SRA Management, 

have reviewed the specific bills referred to above in Paragraph 1. Saddle River 

and SRA Management hereby give their approval to payment of the specific 

bills, while the U.S. Securities and Exchange Commission does not oppose the 

specific bills or their payment. 

4.) The costs, fees and expenses approved by the parties herein shall be 

paid as soon as is practicable by defendants Saddle River and SRA 

Management. 

SO STIPULATED. 

 Pursuant to Civil L.R. 5.1, I hereby attest that I have on file all 

holographic signatures corresponding to any signatures indicated by a 

conformed signature (/S/) within this e-filed document. 

Dated: May 25, 2016 GARTENBERG GELFAND HAYTON 

LLP 

 

By: /s/ John W. Cotton 

 John W. Cotton 

Special Counsel to the Monitor 

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[PROPOSED] STIPULATION AND ORDER APPROVING FEES 

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Dated: May 25, 2016 Securities & Exchange Commission 

 

By: /s/ John S. Yun 

 John S. Yun 

Counsel for Plaintiff SEC 

Dated: May 25, 2016 Shartis Friese LLP 

 

By: /s/ Jahan P. Raissi 

 Jahan P. Raissi 

Attorneys for Defendant John V. 

Bivona, Saddler River Advisers LLC 

and Anne Bivona 

 

IT IS SO ORDERED. 

DATED: May __, 2016 

 ________________________ 

Judge Edward M. Chen 

 United States District Court 

 

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U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Edward M. Chen

Case 3:16-cv-01386-EMC Document 102 Filed 05/26/16 Page 3 of 3