Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Wiand Guerra King Announces Second Distribution to Victims in Nadel Receivership

TAMPA, Fla., Nov. 16, 2012 /PRNewswire/ -- The law firm of Wiand Guerra King is pleased to announce on behalf of Receiver, Burton W. Wiand, that the Honorable Richard A. Lazzara, United States District Judge, of the District Court for the Middle District of Florida today entered an Order approving a Motion made by the Receiver authorizing the distribution of additional proceeds from the Receivership estate to investor victims of the Arthur Nadel Ponzi scheme.  Mr. Wiand was appointed Receiver with respect to this massive fraud at the suggestion of the Securities and Exchange Commission and since January of 2009 has been engaged in efforts to secure and liquidate assets and collect funds for the benefit of defrauded investors and other creditors.  Starting with only approximately $600,000 in receivership accounts in January of 2009, the efforts of Mr. Wiand and his attorneys, accountants, and others have resulted in recoveries for the Receivership estate to date in excess of $60 million.  The Order entered by Judge Lazzara  authorizes the distribution of $22 million that will result in a return to date to defrauded investors of over 36% of their approved claims.  The Receivership continues to hold over $11 million for continued expenses of the receivership and as reserves for certain disputed claims.

The funds that have been collected for distribution to date have been gathered from settlement of clawback lawsuits, claims against financial institutions that worked with Arthur Nadel, and recovery and liquidation of assets that had been acquired by Arthur Nadel, his wife and others who worked with Arthur Nadel's fraudulent scheme.  Recently the Receiver resolved a lawsuit against Holland & Knight LLP in the amount of $25 million resulting in a net recovery for the Receivership of over $18.6 million.  Mr. Wiand still has clawback claims pending against individuals and entities who received profits from the Ponzi scheme or who unfairly benefited from distributions made by Nadel.  A significant lawsuit is also pending against Wells Fargo Bank, an institution that provided banking services to Nadel.  Additional funds are being recovered from the U.S. Treasury Department by Mr. Wiand's team through the filing of amended income tax returns on behalf of participants in Nadel's scheme who paid taxes on non-existent income.  Mr. Wiand stated that "the Holland & Knight settlement has added significant sums for distribution to Nadel's victims.  There is more work to be done and I hope our successes for Nadel's victims continue."

The team of lawyers, accountants, and other professionals who are working for the Receiver will continue vigorous efforts to secure funds owed to the Receivership estate in order to return to investor-victims and creditors as much of what they have lost as possible.  Mr. Wiand further stated "as further recoveries are made, objections are resolved and reserves released I will make additional distributions as promptly as is practical."

For further information, contact Jordan Maglich at Wiand Guerra King P.L. at 813.347.5100 or jmaglich@wiandlaw.com.

Wiand Guerra King P.L.
3000 Bayport Drive, Suite 600
Tampa, Florida 33607

SOURCE Wiand Guerra King P.L.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
The notion of improving operational efficiency is conspicuously absent from the healthcare debate - neither Obamacare nor the newly proposed GOP plan discusses the impact that a step-function improvement in efficiency could have on access to healthcare (through more capacity), quality ...
In 2011, Marc Andreessen wrote a thought provoking article in the Wall Street Journal that software is eating the world. Today, in 2017, we can say that cloud transformation is happening all around us and cloud is now indeed eating the world. While Cloud services consumption is becomin...
Thanks to the plethora of communication and messaging apps available to the average user, unified communications (UC) is becoming more important than ever before. UC is a set of products and services designed to give employees a uniform communications experience, integrating different ...
Cloud providers like AWS have proven to be a viable option for running mainframe application workloads. The most effective method to exploit the value of Unisys mainframe applications and data is a transformative migration to modern systems frameworks in AWS, reusing as much of the ori...
Having a well-rounded brand strategy helps you identify the marketing channels you must focus on, and defines every aspect of how your business is viewed by your customers. Marketing and advertising is an integral component of every business. The US Small Business Administration reco...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE