InvestorsHub Logo
Followers 2
Posts 433
Boards Moderated 0
Alias Born 08/27/2006

Re: None

Thursday, 11/24/2016 10:00:04 AM

Thursday, November 24, 2016 10:00:04 AM

Post# of 82105
Is Turin sentencing and has paid the 35 Mil.
and then comes final distribution plan.

http://www.sec.gov/divisions/enforce/claims/cmkmopinion062309.htm
It is not yet known how much money will be recovered in this case. If the assets ultimately collected are sufficient for a practical and economically feasible distribution of funds to investors, the SEC may by motion to the court propose a plan to distribute the funds. No funds can be distributed to investors unless and until the court approves a distribution plan. We will post information about any proposed or final distribution plan on this page when it becomes available. We also post information about distribution plans on the Investor Claims Fund section of our website.

The judgments entered in this case direct that disgorgement, prejudgment interest and civil penalty amounts be paid to the Clerk of the Court for the District of Nevada for deposit into an interest bearing account with the Court Registry Investment System. For information about any payments that may be made to the Clerk, please access the Court’s website.



Capten