Case Status Report: Ben Ouyang

August 13, 2007: The Court entered an Order approving the Proposed Updated Distribution Plan which requires the National Futures Association, serving as Monitor, to distribute $1,040,980.62 in frozen funds it is presently holding in accordance with the Updated Distribution Plan. In approving the Updated Distribution Plan in its entirety, the Court has ruled that an evidentiary hearing was unnecessary.

July 9, 2007: Plaintiff Commodity Futures Trading Commission (CFTC) filed a Motion for Summary Proceeding Approving Proposed Updated Distribution Plan, along with a Proposed Order. In summary, the motion requested that the Court rule on the Proposed Updated Distribution Plan, filed by the CFTC on November 20, 2006, without holding an evidentiary hearing.

Previous Status Updates

Related Documents

Letter to Claimants, August 23, 2007
Order Approving Proposed Updated Distribution Plan, August 13, 2007
Plaintiff's Motion for Summary Proceeding, July 20, 2007
Plaintiff’s Response to Claimants Objections, November 21, 2006
Filed Claimants Objection (without exhibits), September 25, 2006
Letter to Claimants, August 4, 2006
Amended Order, July 19, 2006
Plaintiff’s Response to Issues Propounded by the Court, July 10, 2006
Proposed Distribution Plan, May 30, 2006
Customer Claim Form, Deadline: November 25, 2005 (Word)
Order Setting Status Conference, November 14, 2005
Order, June 27, 2005
Order, March 11, 2005
Complaint, February 4, 2003

Press Releases

CFTC Press Release: 5060-05, March 23, 2005
CFTC Press Release: 4755-03, February 13, 2003

Staff Contact
David Acevedo
Trial Attorney
CFTC Division of Enforcement
140 Broadway, 19th Floor
New York, NY 10005
646-746-9754

Last Updated: July 12, 2007