Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-108/pdf.json

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

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STIPULATION FOR ORDER AND PROPOSED ORDER CONTINUING RECEIVER’S DISGORGEMENT MOTION

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

STIPULATION FOR ORDER AND 

ORDER CONTINUING RECEIVER’S 

MOTION TO ORDER 

DISGORGEMENT OF $100,000 

TRANSFERRED TO ELEVATE 

COMMUNICATIONS, LLC AND 

WRIGHT THURSTON CURRENTLY 

SET FOR NOVEMBER 7, 2011 

Hon. Lawrence K. Karlton 

The parties, by and through their respective counsel, stipulate pursuant to Civil L.R. 143 

and 230(F) for an Order continuing Receiver Stephen E. Anderson’s motion for an order 

directing Elevate Communications, LLC and Wright Thurston (collectively, “Respondents”), to 

disgorge the $100,000 transferred to them by Defendant Equity Investment Management and 

Trading, Inc. (“EIMT”), currently set for November 7, 2011 at 10:00 a.m. (“Disgorgement 

Motion”), and continuing the opposition and reply brief dates correspondingly. 

On October 6, 2011, Receiver filed his Disgorgement Motion and set it for hearing on 

November 7, 2011 at 10:00 a.m. Respondents’ opposition is due to be filed on October 24, 2011 

and Receiver’s reply brief must be filed no later than November 2, 2011. 

Case 2:09-cv-00665-JAM-KJN Document 437 Filed 10/21/11 Page 1 of 2
STIPULATION FOR ORDER AND PROPOSED ORDER CONTINUING RECEIVER’S DISGORGEMENT MOTION

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

Respondents only recently retained litigation counsel in this matter and requested that 

Receiver grant them a continuance to respond to his Disgorgement Motion. Additionally, the 

parties are interested in discussing a possible settlement or resolution of the matter which is the 

subject of the Disgorgement Motion. To permit those efforts to occur unimpeded and to avoid 

unnecessary expenditure of the parties’ and the Court’s time and resources in briefing, preparing 

for and attending the hearing currently set for November 7, 2011, the parties wish to continue the 

hearing on the motion to November 21, 2011, and to continue the dates for the filing of the 

opposition and reply papers correspondingly. 

Dated: October 20, 2011 FUTTERMAN DUPREE 

DODD CROLEY MAIER LLP

By: /s/ Jaime G. Touchstone

 Jaime G. Touchstone 

 Attorneys for Receiver 

Stephen E. Anderson 

Dated: October 20, 2011 SNELL & WILMER 

By: /s/ Matthew L. Lalli 

 Matthew L. Lalli 

 Attorneys for Respondents 

Wright Thurston and Elevate 

Communications 

ORDER

Based upon the foregoing stipulation, and good cause appearing, the hearing on the 

Receiver’s motion for an order directing Elevate Communications, LLC and Wright Thurston, to 

disgorge the $100,000 transferred to them by Defendant Equity Investment Management and 

Trading, Inc., currently set for November 7, 2011 at 10:00 a.m. (“Disgorgement Motion”), is 

continued to November 21, 2011, at 10:00 a.m. Defendants may file an opposition brief, on or 

before November 7, 2011, and the Receiver may file a reply brief on or before November 16, 

2011. 

IT IS SO ORDERED. 

Dated: October 20, 2011 

Case 2:09-cv-00665-JAM-KJN Document 437 Filed 10/21/11 Page 2 of 2