Zeek Rewards: Judge Mullen Approves Receiver’s Settlement with NXSystems for $3.5 Million
This matter is before the Court upon the Receiver’s Motion to Approve Settlement Agreement with NxSystems, Inc. filed December 11, 2015. The Court has reviewed the motion and proposed settlement and finds that the proposed settlement is fair and equitable and is in the best interests of the Zeek victims. Accordingly, the Court will grant the motion.
IT IS, THEREFORE, ORDERED, ADJUDGED, AND DECREED that:
1. the Receiver’s Motion to Approve Settlement Agreement with NxSystems, Inc. is hereby GRANTED; and
2. the Settlement Agreement attached to the motion is approved, and the Receiver is hereby authorized to perform according to the terms of that Settlement Agreement.
Signed: December 16, 2015