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S.D.N.Y.Procedural orderFiled Nov. 27, 2019

Securities and Exchange Commission v. Amerindo Investment Advisors Inc.

Judge
Richard Sullivan
Docket
1:05-cv-05231
Court
U.S. District Court · Southern District of New York
Pages
136
Civil ProcedureCriminal
In one sentence

In SEC v. Amerindo Investment Advisors, Judge Sullivan directed docketing of two petitioners’ filings and ordered the government to respond.

Who this affects

Angelika Jordan and Laurie Christov’s petitions were directed to be docketed. The government must respond to the petitions and describe its proposed next steps by December 6, 2019. The order does not resolve either petitioner’s claimed property interest.

What happened

Securities and Exchange Commission v. Amerindo Investment Advisors Inc. concerns petitions submitted by Angelika Jordan and Laurie Christov about claimed interests in property connected to the case. The order does not decide whether either claim is valid.

The court received Jordan’s petition dated October 23, 2019, and two petitions from Christov dated November 15, 2019. The filings relate to property ordered forfeited to the United States in a related criminal case.

Judge Richard J. Sullivan directed the Clerk of Court to docket the petitions. He also ordered the government to submit a letter by December 6, 2019, responding to the petitions and explaining its proposed next steps.

The detailed version

For law students, journalists, and other readers who want the full reasoning

Case
Securities and Exchange Commission v. Amerindo Investment Advisors Inc. · No. 1:05-cv-05231
Judge
Richard Sullivan
Date
Nov. 27, 2019

Background

The court received an October 23, 2019 petition from Angelika Jordan and two November 15, 2019 petitions from Laurie Christov. The materials concern claimed interests in property that had been ordered forfeited to the United States in a related criminal proceeding. The filings include supporting documents and refer to claims involving Amerindo-related assets.

The opinion itself is an order about handling the newly submitted petitions. It does not determine whether Jordan or Christov has a valid legal interest in any property, does not award or deny either claim, and does not enter a final forfeiture ruling on those claims.

Order

Judge Richard J. Sullivan directed the Clerk of Court to docket the petitions. The government was ordered to submit a letter to the court by December 6, 2019, responding to the petitions and outlining its proposed next steps in the matter.

Effect

The order moves the petition process forward but leaves the claimants’ legal rights unresolved. The opinion does not state what further steps the government proposed or whether the court later held a hearing or issued a final decision.

The authoritative version

Read the full 136-page opinion on CourtListener, the free public archive maintained by the Free Law Project.

Open opinion PDF →
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