Senior Management, et al v. Arnett Group, L.L.C., et al

 
Case Number: 5:2004cv00651
Filed: September 8, 2004
 
Court: North Carolina Eastern District Court
Office: Western Division Office
Presiding Judge: Terrence W. Boyle
 
Nature of Suit: Securities/Commodities
Cause of Action: 15:77 Securities Fraud
Jury Demanded By: Both

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Date Filed#Document Text
June 26, 2013 327 Featured Case ORDER granting in part and denying in part 317 Motion for Summary Judgment, and granting Oral Motion for Default Judgment as to Defendants International Finances, Jerry Zedner, and William Koerner. Counsel is directed to read Order in its entirety for critical information or deadlines. Signed by US District Judge Terrence W. Boyle on 6/26/2013. (Fisher, M.)
June 26, 2013 328 Featured Case JUDGMENT: IT IS ORDERED, ADJUDGED AND DECREED that the plaintiffs renewed Motion for Summary Judgment [DE 37] is GRANTED IN PART and DENIED IN PART. Summary Judgment is GRANTED against defendants Belch, Arnett Group, and Cornell Funding as to Plain tiffs claims under the Securities Exchange Act of 1934, but is DENIED as to Plaintiffs remaining claims and as to defendants Zedner, International Finances, and Koerner. Plaintiffs Oral Motion for Default Judgment as to their claims under the Securi ties Exchange Act of 1934 against defendants Zedner, International Finances, and Koerner is GRANTED. Plaintiffs remaining claims are DISMISSED.Judgment shall be entered against all remaining defendants, jointly and severally, in the amount of $ 1,194,657.00 as to Parker Enterprises, and $1,750,000.00 as to Senior Management. Post-judgment interest shall accrue pursuant to 28 U.S.C. § 1961(a). The clerk shall close this file. Copies sent to pro se defendants via US Mail. Signed by Julie A. Richards, Clerk of Court, on 6/26/13. (Fisher, M.)

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