News & Updates

 

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Click here for 2012 News & Updates

Click here for 2011 News & Updates

 

2010

 

December 23, 2010
 

Receiver's Motion to approve attorney fees available here.

Notice of Hearing on Motion to approve attorney fees available here.

Declaration of R.J. Zayed in support of Motion to approve attorney fees available here.


 

December 22, 2010
 

Order by Magistrate Judge Noel on the Receiver's Motion to Quash Subpoena served by certain Respondents available here.
 

December 21, 2010
 

Receiver's letter regarding tax treatment of the interim distribution available here.
 


December 17, 2010

Receiver's Motion for Sale of Personal Property in his Possession available here.

Notice of Hearing available here.

Memorandum of Law in Support of Motion available here.

Declaration of B. Hayes available here.

Exhibits in support available here.


 

December 16, 2010

The Receiver has posted answers to frequently asked questions

 

December 15, 2010

UPDATE:  Amended Notice of Hearing on Motion to Quash Subpoena: Motion Hearing set for December 17, 2010 at 2:30pm in Courtroom 9W before Magistrate Judge Noel  (Previously scheduled for December 20, 2010 at 10:30 am) available here.

 

December 13, 2010

SEC Response to Receiver Motion to Quash Subpoena served by certain Respondents available here.
 

December 10, 2010

Investor Respondents' Memorandum of Law in Opposition to Receiver's Motion to Quash Subpoena served on a third party here.

Declaration of William Mohrmann in support of Memorandum here.  Exhibits in support here.
 

December 9, 2010

Order authorizing Payment of Fees incurred by the Receiver available here.

 

December 8, 2010
 

Order that Receiver's Motion to Approve Settlements with Core Alternative Investments and Individual Shareholders is Granted available here.

 

December 6, 2010

Order that Defendant Trevor Cook's Motion to Vacate/Purge Contempt is Granted available here
 
 

December 3, 2010
 

Notice of Receiver's Withdrawal of Opposition to Trevor Cook's Motion to Purge Contempt available here.


Amended Memorandum in Support of Motion to Quash Subpoena served by certain Respondents available here.


SEC Supplemental Response to Trevor Cook's Motion to Vacate/Purge Contempt Order available here.

 

December 1, 2010
 

Receiver's Motion to Approve Settlements with Core Alternative Investments and Individual Shareholders available here. Stipulation in Support of Receiver's Motion available here.

 

November 30, 2010
 

Notice of Settlement Conference between the Receiver and Respondent, Wells Fargo Bank. Settlement Conference set for January 20, 2011 at 9:30 AM in Courtroom 9W(MPLS) before Magistrate Judge Franklin L. Noel. Available here.
 

November 29, 2010

 

The Receiver has posted answers to frequently asked questions.

 

November 24, 2010
 

Receiver's Motion for Attorney Fees available here.  Notice of Hearing on Motion for Attorney Fees available here.  Declaration of R.J. Zayed available here
 
Receiver's Motion to quash subpoena served by certain Respondents available here.  Memorandum in support of Motion available here.  Declaration of P.Kohlhepp and exhibits in support available here.  Notice of hearing on Motion available here.

 

November 23, 2010

Please be aware that as of November 12, 2010 there have been two monetary distributions to victims of Trevor Cook's fraud, one in the civil case and one in the criminal case. More information can be found here.


 

November 17, 2010
 

The pretrial scheduling order in the Receiver's summary proceeding actions against certain individuals is available here. Discovery must be completed by July 1, 2011, all dispositive motions must be scheduled for hearing before September 1, 2011, and the action will be ready for trial by November 1, 2011.

 

 

November 16, 2010
 

The pretrial scheduling order in the Receiver's summary proceeding actions against New York Community Bank is available here. Discovery must be completed by March 11, 2011, all dispositive motions must be scheduled for hearing before May 1, 2011, and the action will be ready for trial by July 1, 2011.
 

Notice:  Hearing on the Motion to Stay Default Judgment as to Pat Kiley has been RESCHEDULED on Tuesday November 23, 2010 to 2:00 pm (previously scheduled at 1:30 pm). Available here.

 

November 15, 2010
 

Update:  The hearing on Motions to Dismiss filed by certain individuals in response to the Receiver's summary proceeding actions against them (previously scheduled for December 2, 2010) has been changed to December 17, 2010 at 2:30pm in Courtroom 9W before Magistrate Judge Noel. The Amended Notice is available here.

 

Sixth Status Report of Receiver R.J. Zayed available here.


 

November 12, 2010
 

Notice of Mailing of Receiver's Interim Distribution available here.

 

November 9, 2010
 

Amended Motion for Attorney Fees here.  Amended Declaration in Support here.  Judge Davis Order Authorizing Payment of Fees here.


 

November 5, 2010
 

Interim distribution checks from the Receiver in the civil cases are expected to be mailed on November 12, 2010.  Contact the Receiver directly to confirm whether you are part of the interim distribution and if not, how you can submit a claim.
Toll-free number:  877-316-6129  Local number:  612-436-9664  Email:  info@cookkileyreceiver.com



UPDATE:  Amended Notice of Motion to Approve the Payment of Fees Incurred by the Receiver that were Necessary to Assist the Receiver in his Duties.  Hearing time has been amended to 3:30 pm (previously scheduled at 11:00 am) in United States Courthouse 15E, before Chief Judge Michael Davis.


Status Report for Receiver's Petition for Return of Assets from Wells Fargo Home Mortgage available here.


Status Report for Receiver's Petition for Return of Assets from New York Community Bank available here.


 

November 2, 2010
 

On November 1, 2010, Chief Judge Michael J. Davis approved the Receiver's Interim Distribution and Claim Finalization Plan.  Click here to review the Receiver's memorandum outlining these processess.  Click here to read the Court's Order. 

PLEASE NOTE:  ALL CLAIMS FOR CIVIL RESTITUTION MUST BE SUBMITTED TO THE RECEIVER NO LATER THAN FRIDAY, JANUARY 14, 2011.  ANY CLAIM SUBMITTED AFTER THIS DATE WILL NOT BE PAID.

Click here for the Receiver's Claim Bar Notice.  Contact the Receiver directly if you have questions about how to submit a claim or the status of your claim.  Toll-free number:  877-316-6129, local number:  612-436-9664  email:  info@cookkileyreceiver.com


 

 

November 1, 2010
 

Notice of the Hearing on: Motion to Vacate/Purge the Contempt Order is scheduled for Monday, December 6, 2010 at 9:00 am available here.

Order of Chief Judge Michael Davis Denying Trevor Cook's Motion to Vacate/Purge Contempt here.
 

Receiver's Sur-Reply in Opposition to Trevor Cook's Motion to Purge Contempt here.

Declaration of Tara Norgard here.  Exhibits here.

SEC Sur-Reply in Opposition to Trevor Cook's Motion to Purge Contempt here.


Order Approving Interim Distribution Plan and Claim Finalization here.


Order Confirming Sale of Rainy Lake Property here.


Order Confirming Sale of Tiffany Court Property here.


 

 

October 28, 2010
 

Trevor Cook Reply Memorandum in Support of Motion to Purge Contempt here.  Affidavit of Piper Webb here.


 

October 21, 2010
 

CFTC Response to Receiver's Motion to Confirm Sale of Rainy Lake Property


CFTC Response to Receiver's Motion for Attorneys' Fees


CFTC Response to Receiver's Motion for Order Approving Interim Distribution

 

October 20, 2010
 

Statement of the Receiver following October 5 & 6, 2010 meeting with Trevor Gilson Cook here.

 

Receiver's Motion for Attorney Fees here. Notice of Hearing on Motion for Attorney Fees here. Declaration of R.J. Zayed here.

 

The Receiver has posted more answers to frequently asked questions.

 

October 18, 2010
 

Receiver's Motion to Confirm Sale of Rainy Lake Property here. Notice of Hearing on Motion to Confirm Sale of Rainy Lake Property here. Declaration of Samuel T. Lockner here. Exhibits in Support of Motion here.  

 

Receiver's Motion for an Order Approving Interim Distribution Plan. Notice of Hearing on Motion for Order Approving Interim Distribution Plan here. Memorandum in Support of Motion here. Declaration of Tara C. Norgard here. Exhibits in Support of Motion here.

 

October 15, 2010

UPDATE: Notice of the Hearing on the Motion to Vacate/Purge the Contempt Order has been RESCHEDULED for 11/1/10 at 2:00pm before Chief Judge Michael Davis in Courtroom 15E
 

October 13, 2010
 

Tiffany Court Property: Motion to Confirm Sale here, Notice of Hearing on Motion here
Declaration of Brian Hayes; Exhibits in Support of Motion here

 

October 12, 2010
 

Receiver/Appellant's Reply Brief in Support of Reversal of Order Denying Relief from Automatic Stay (In re Zayed v. Baker, Case No. 10-CV-3791) available here.

 

October 8, 2010

Order Granting Motion for Attorney Fees

 

October 1, 2010

Settlement of John Dzik here

Settlement of Gina Cook here

Notice of the Hearing on the Motion to Vacate/Purge the Contempt Order has been continued to Tuesday October 19, at 9:00am before Chief Judge Michael Davis in Courtroom 15E

September 28, 2010

Receiver's Motion for Attorney Fees, Notice of Hearing on Motion for Attorney Fees, Declaration of Receiver in Support of Motion for Attorney Fees available here.
 
Order Approving Settlement of Gina Cook.

September 24, 2010

Stipulation and Settlement of Gina Cook.

 

Receiver's Response in Opposition to Vacate/Purge Contempt Order and Declaration of Tara C. Norgard.



 

September 23, 2010

The Receiver has posted his answers to more frequently asked questions.

Amended Notice of Case Management Conference on 11/12/2010 available here.

Receiver's Response in Opposition for Order to Dismiss Summary Proceedings.
 

September 17, 2010

Order granting Motion to Deposit Funds in both cases available here.  Order granting Receiver's Motion for Sale of Certain Personal Property in its Possession available here.

 

September 14, 2010
 

Receiver/Appellant's Brief in Support of Reversal of Order Denying Relief from Automatic Stay (In re Zayed v. Baker, Case No. 10-CV-3791) available here.
 

September 13, 2010

A new Receiver Report† is available. More detail is available here.

September 9, 2010

Additional briefing related to the Baker contempt action was posted, as was the Receiver's motion† to sell certain coins. More detail is available here.

August 25, 2010

The Receiver has agreed to settle† the estate's claims against John Dzik for $687,900. More detail is available here.

August 21, 2010

Additional documents related to sentencing are posted here.

August 20, 2010

Information about the Cook sentencing was posted. See the Special Announcement above.

August 12, 2010

The Court has granted the Receiver's Motion for an Order to Show Cause against L. Edward Baker†. A hearing is scheduled for 10:00 a.m. CDT on September 1, 2010 in Courtroom 15E of the Minneapolis federal courthouse. More detail is available here.

The Receiver has posted his answers to more frequently asked questions.

August 11, 2010

The Receiver has filed a Motion for a Rule to Show Cause against L. Edward Baker†. More detail is available here.

August 4, 2010

The Receiver has posted a Statement†. More detail is available here.

July 28, 2010, 5:30 p.m. CDT

The CFTC has filed its Response† to the July 26, 2010 motion for fees.

The Court in the Lynn E. Baker bankruptcy has issued an Order† on the Receiver's Motion. In addition, Lynn E. Baker's Opposition† and the Receiver's Reply† are now available.

More detail is available here.

July 28, 2010, 10:00 a.m. CDT

The Receiver has filed a petition seeking $100,000 from Gina Cook. More detail is available here.

July 26, 2010

The Receiver filed a motion for fees†. More detail is available here.

July 23, 2010

The Receiver filed three petitions today, seeking $7.4 million in Receivership funds from Wells Fargo Home Mortgage†, New York Community Bank†, and a group of individuals†. More detail is available here.

July 20, 2010

Chief Judge Davis has issued an Order Allowing Summary Proceedings†. More detail is available here.

In United States v. Trevor Gilson Cook, Judge Rosenbaum has scheduled the sentencing of Trevor Cook for August 24, 2010 at 9:30 a.m. CDT† in Courtroom 14E of the US Courthouse, Minneapolis Building (300 South 4th Street, Minneapolis, Minnesota 55415-2251). More detail is available here.

July 16, 2010

The Receiver has filed his Fourth Status Report.† More detail is available here.

July 14, 2010

The Receiver's recent motion to permit summary proceedings† has been posted. More detail is available here.

Changes were made to certain pages to improve the experience for blind or visually-impaired individuals using screen readers.

July 8, 2010

The Receiver has filed a motion for relief† in a bankruptcy case involving Lynn E. Baker. More detail is available here.

July 7, 2010

See the "Important Information" below if you want to talk to the United States Probation Officer or speak at Trevor Cook's sentencing.

June 29, 2010

The Receiver has posted his answers to a total of 19 frequently asked questions.

June 24, 2010

The Receiver has posted his answers to some frequently asked questions.

The Receiver has posted the latest motion for fees†. More detail is available here.

June 22, 2010

The Court in United States v. Trevor Gilson Cook has scheduled the sentencing of Trevor Cook for July 26, 2010 at 3:00 p.m. CDT† in Courtroom 14E of the US Courthouse, Minneapolis Building (300 South 4th Street, Minneapolis, Minnesota 55415-2251). More detail is available here.

June 16, 2010

The Receiver withdraw his motions regarding Wells Fargo† and the Bergs†. More detail is available here.

The Court issued an Order† related to the Bergs.

June 15, 2010

The Securities & Exchange Commission filed responses in support of the Receiver's motions to compel the Bergs to return funds† and to dispose of property†. More detail is available here.

June 10, 2010

Search warrants† were unsealed. More detail is available here.

Important Information

Third Parties Claiming to be Affiliated with the Receivership

Updated 3/4/2011

Recently, several investors have reported being contacted by an individual or individuals claiming to be able to recover a significant portion of the investor's loss for a large upfront fee.  The individual also requests several years of the investor's tax statements.

The Receiver cannot comment on any actions or claims you may have against third parties relating to your loss.  However, the Receiver is authorized to take exclusive custody, control and possession of all Receivership assets, wherever situated.  All investors and other persons are stayed from, among other things, self-help and attempting to take possession of or interfering with assets of the Receiver Estates.

Only the Court is able to order restitution to Trevor Cook's investors, and only the Court-appointed Receiver is searching (at the Court's direction) for funds in this case.  No other individual or group is related to, approved by, or working with the Receiver, the SEC, the CFTC, or the Court-mandated asset-recovery process in any way.

The Receiver suggests any investor receiving such a call contact their state's attorney general immediately.

The Receiver again reminds investors to be carefuly when giving personal information to anyone.  Be sure to verify that the entity that contacts you is who they purport to be.

 

Fraud Recovery Group

Only the Court is able to order restitution to Trevor Cook’s investors. And only the Court-appointed Receiver is searching (at the Court’s direction) for funds in this case.

Recently, some investors have contacted the Receiver and the SEC to ask if  they were working with a company called “Fraud Recovery Group." Fraud Recovery Group is not related to, approved by, or working with the Receiver, the SEC, or the Court-mandated asset-recovery process in any way.

Look-alike Websites

Several news outlets have also reported that former clients of Bernard Madoff have been targeted by an entity holding itself out as a government agency. This entity is reportedly seeking financial information related to alleged Ponzi schemes, but has no connection with any legitimate government or international entity.

Be careful when giving personal information to anyone. Be sure to verify that the entity that contacts you is who they purport to be.

The Federal Trade Commission has resources available†‡ to help.

News Related to Criminal Cases

Receiver's Statement

The Receiver has posted the Statement of the Receiver following his April 23, 2010 meeting with Trevor Gilson Cook on the Receiver Filings page. You can also access it here†.

Trevor Gilson Cook's Plea Agreement

Earlier this week, the Star Tribune†‡ reported on the charges filed against Trevor Gilson Cook. The most recent article, including a link to the plea agreement, can be found at http://www.startribune.com/business/90751939.html?elr=KArksUUUoDEy3LGDiO7aiU†‡.

Criminal Charges Filed Against Trevor Gilson Cook

On March 30, 2010, the United States Attorney for the District of Minnesota filed an Information† in a criminal case, United States of America v. Trevor Gilson Cook, No. 10-cr-00075 (JMR), Docket No. 1 (D. Minn.).

Cook was charged with one count of mail fraud and one count of tax evasion in connection with allegedly orchestrating a $190 million Ponzi scheme. Cook is scheduled to make his initial appearance before United States District Court Judge James M. Rosenbaum at 9:30 a.m. Tuesday, April 13, 2010 at the U.S. Courthouse in Minneapolis. A plea hearing is also scheduled to follow the initial appearance. The public is invited to attend.

If you have any questions regarding the U.S. Attorney’s prosecution of this matter, please contact Adan Perez, Victim Witness Specialist, U.S. Attorney’s Office, 300 South Fourth Street, Suite 600, Minneapolis, MN 55415. Telephone: (612) 664-5715 Email: adan.perez@usdoj.gov

For more information on the criminal case against Trevor Cook, visit the U.S. Attorney’s website at http://www.justice.gov/usao/mn/†‡.


† - Link opens in a new browser window.

‡ - External link not controlled by the Receiver.