Securities Exchange Comm. v. Bear, Stearns Co.

Full title: SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. BEAR, STEARNS CO. INC.…

Court: United States District Court, S.D. New York

Date published: Jan 20, 2006

No. 03 Civ. 2937 (WHP), 03 Civ. 2938 (WHP), Nos. 03 Civ. 2939 (WHP), 03 Civ. 2940 (WHP), 03 Civ. 2941 (WHP), 03 Civ. 2942 (WHP), 03 Civ. 2943 (WHP), 03 Civ. 2944 (WHP), 03 Civ. 2945 (WHP), 03 Civ. 2946 (WHP), 03 Civ. 2947 (WHP), 03 Civ. 2948 (WHP), 04 Civ. 06909 (WHP), 04 Civ. 06910 (WHP) (S.D.N.Y. Jan. 20, 2006)

Opinion

No. 03 Civ. 2937 (WHP), 03 Civ. 2938 (WHP), Nos. 03 Civ. 2939 (WHP), 03 Civ. 2940 (WHP), 03 Civ. 2941 (WHP), 03 Civ. 2942 (WHP), 03 Civ. 2943 (WHP), 03 Civ. 2944 (WHP), 03 Civ. 2945 (WHP), 03 Civ. 2946 (WHP), 03 Civ. 2947 (WHP), 03 Civ. 2948 (WHP), 04 Civ. 06909 (WHP), 04 Civ. 06910 (WHP).

January 20, 2006

ORDER

WILLIAM PAULEY III, District Judge

In order to distribute checks to eligible distribution fund recipients, the Distribution Fund Administrator must wire transfer funds from the Federal Reserve Bank of New York to Wells Fargo, National Association ("Wells Fargo").

IT IS HEREBY ORDERED that the Federal Reserve Bank of New York ("FRBNY") is directed to wire a total of $98,100,000 to Wells Fargo from the following accounts:

Name of Account Amount to be Wired

SDNY Distribution Account — BEAR $250,000 STEARNS AND CO., INC.

SDNY Distribution Account — CITIGROUP $41,300,000

SDNY Distribution Account — CREDIT $34,000,000 SUISSE FIRST BOSTON LLC

SDNY Distribution Account — J.P. $1,100,000 MORGAN SECURITIES

SDNY Distribution Account — LEHMAN $1,400,000 BROTHERS, INC.

SDNY Distribution Account — MORGAN $4,300,000 STANLEY AND CO.

SDNY Distribution Account — THOMAS $3,550,000 WEISEL

SDNY Distribution Account — US $4,400,000 BANCORP PIPER JAFFRAY, INC.

SDNY Distribution Account — UBS $7,800,000 WARBURG LLC

The Federal Reserve Bank of New York is directed to use the following wire information:

Wells Fargo is directed to distribute the proceeds of the $98,100,000 wire transfer from the FRBNY to the following accounts at Wells Fargo as follows:

Account Amount to be Name of Account Number at Allocated Wells Fargo

SDNY Distribution Account — BEAR [REDACTED] $250,000 STEARNS AND CO., INC. SDNY Distribution Account — CITIGROUP [REDACTED] $41,300,000 SDNY Distribution Account — CREDIT [REDACTED] $34,000,000 SUISSE FIRST BOSTON LLC SDNY Distribution Account — J.P. [REDACTED] $1,100,000 MORGAN SECURITIES SDNY Distribution Account — LEHMAN [REDACTED] $1,400,000 BROTHERS, INC. SDNY Distribution Account — MORGAN [REDACTED] $4,300,000 STANLEY AND CO. SDNY Distribution Account — THOMAS [REDACTED] $3,550,000 WEISEL SDNY Distribution Account — US [REDACTED] $4,400,000 BANCORP PIPER JAFFRAY, INC. SDNY Distribution Account — UBS [REDACTED] $7,800,000 WARBURG LLC

The Clerk is directed to file copies of this Order in all of the related actions: (1) SEC v. Bear Stearns and Co. Inc., 03 Civ. 2937 (WHP); (2) SEC v. Jack B. Grubman, 03 Civ. 2938 (WHP); (3) SEC v. J.P. Morgan Securities Inc., 03 Civ. 2939 (WHP); (4) SEC v. Lehman Brothers Inc., 03 Civ. 2940 (WHP); (5)SEC v. Merrill Lynch Pierce Fenner Smith, Inc., 03 Civ. 2941 (WHP); (6) SEC v. U.S. Bancorp Piper Jaffray, Inc., 03 Civ. 2942 (WHP); (7) SEC v. UBS Securities LLC, 03 Civ. 2943 (WHP); (8) SEC v. Goldman, Sachs and Co., 03 Civ. 2944 (WHP); (9) SEC v. Citigroup Global Markets Inc., 03 Civ. 2945 (WHP); (10) SEC v. Credit Suisse First Boston LLC, 03 Civ. 2946 (WHP); (11) SEC v. Henry M. Blodget, 03 Civ. 2947 (WHP); (12) SEC v. Morgan Stanley Co. Incorporated, 03 Civ. 2948 (WHP); (13) Deutsche Bank Securities Inc., 04 Civ. 06909 (WHP); and (14) Thomas Weisel Partners LLC, 04 Civ. 069109 (WHP).

SO ORDERED.