In re THE RESERVE FUND SECURITIES AND DERIVATIVE LITIGATION.
Securities and Exchange Commission, Plaintiff,
v.
Reserve Management Company, Inc., Resrv Partners, Inc., Bruce Bent Sr., and Bruce Bent II, Defendants, and
The Reserve Primary Fund, Relief Defendant.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
November 25, 2009.
November 25, 2009.
Attorney(s) appearing for the Case
Leon Frenkel, pro se.
Daniel Brett Rehns, Cohen Milstein Sellers & Toll P.L.L.C., Christopher Lometti, Jay Paul Saltzman, Pietro Michele Devolpi, Jr., Schoengold & Sporn, P.C., James Abram Harrod, III, Lester L. Levy, Sr., Wolf Popper LLP, Howard Theodore Longman, Jules Brody, Stull Stull & Brody, Gerald Harlan Silk, John Christopher Browne, Steven B. Singer, John James Rizio-Hamilton, Lauren Amy McMillen, Sean K. O'Dowd, Bernstein Litowitz Berger & Grossmann LLP, Christopher J. Clark, Dewey & Leboeuf, L.L.P., Mark C. Rifkin, Paulette Suzanne Fox, Wolf Haldenstein Adler Freeman & Herz LLP, Arun Srinivas Subramanian, Susman Godfrey LLP, Evan Glassman, Michelle Lynn Levin, Steptoe & Johnson, LLP, Bruce Mathew Sabados, Katten Muchin Rosenman, LLP, H. Adam Prussin, Stanley Merrill Grossman, Pomerantz Haudek Block Grossman & Gross LLP, Joseph R. Seidman, Bernstein Liebhard, LLP, John Halebian, Lovell Stewart Halebian LLP, Joseph P. Garland, Lifshutz & Lifshutz, P.C., Kenneth A. Elan, Kenneth A. Elan, Esq., Susan E. Brune, Brune & Richard LLP, New York, NY, Peter E. Borkon, Reed R Katherine, Hagens Berman Sobol Shapiro LLP, Berkeley, CA, Gary Steven Graifman, Kantrowitz Goldhamer & Graifman, P.C., Chestnut Ridge, NY, Aaron Michael Sheanin, Christina H.C. Sharp, Daniel Charles Girard, Jonathan K. Levine, Girard Gibbs LLP, Laura Joy Edelstein, Brune & Richard LLP, San Francisco, CA, Christopher Matthew Van De Kieft, David R. Buchanan, Stephen A. Weiss, Seeger Weiss LLP, Philadelphia, PA, Norman E. Siegel, Stueve Siegel Hanson LLP, Kansas City, MO, Darren J. Robbins, Coughlin Stoia Geller Rudman & Robbins LLP, David C. Walton, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, L.L.P., San Diego, CA, Samuel Howard Rudman, David Avi Rosenfeld, Mark Samuel Reich, Joseph Frank Russello, Coughlin Stoia Geller Rudman & Robbins, LLP, Melville, NY, Floyd G. Short, Susman Godfrey LLP, Seattle, WA, Michael Arthur Walsh, Nutter McClennen & Fish LLP, Jean-Paul Jaillet, Choate, Hall & Stewart, LLP, Boston, MA, Anthony L. Paccione, Kitson Kitson & Bisesto, LLP, White Plains, NY, David J. Berger, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, Seth David Rigrodsky, Brian D. Long, Rigrodsky & Long, P.A., Wilmington, DE, for Plaintiff.
John Dellaportas, Justin Joseph D'Elia, Duane Morris, LLP, New York, NY, Kevin F. Berry, Matthew A. Taylor, Duane Morris LLP, Philadelphia, PA, for Defendants.
United States District Court, S.D. New York.
MEMORANDUM OPINION
PAUL G. GARDEPHE, District Judge:
The Securities and Exchange Commission filed this action on May 5, 2009. Pursuant to the Complaint's Eighth Claim for Relief, which names Relief Defendant The Reserve Primary Fund ("Primary Fund"), the Commission seeks an order that inter alia (1) provides for a pro rata distribution of the remaining assets of the Primary Fund; and (2) enjoins all claims against (a) Primary Fund assets...
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