Opinion
04-CV-4667 (TCP).
March 23, 2011
ORDER
Before the Court is Magistrate Judge William D. Wall's Report and Recommendation (DE 67) which recommends that plaintiffs motion for remedies of disgorgement, prejudgment interest and civil penalties be granted as set forth below.
As to Bernard Artz: disgorgement of proceeds in the amount of $131,414.00; prejudgment interest of $32,017.42; plus any additional interest accrued to the date of entry of judgment; and a civil penalty in the amount of $10,000.
As to Lawrence Artz: disgorgement of proceeds in the amount of $57,129.73; prejudgment interest of $79,846.92, plus any additional interest accrued to the date of entry of judgment; and a civil penalty in the amount of $5,000.00.
The undersigned, having reviewed Magistrate Judge Wall's report, finds that the recommendations contained therein are appropriate. There having been no objections, the Court hereby adopts the Report and Recommendation in its entirety. Accordingly, plaintiffs motion is hereby GRANTED to the extent set forth herein.