United States Securities and Exchange Commission v. Ahmed et al

3:15-cv-00675-JBA

2022 | Cited 0 times | D. Connecticut | September 22, 2022

UNITED STATES DISTRICT COURT

DISTRICT OF CONNECTICUT UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. IFTIKAR AHMED, Defendant, and IFTIKAR ALI AHMED SOLE PROP; I-CUBED DOMAINS, LLC; SHALINI AHMED; SHALINI AHMED 2014 GRANTOR RETAINED ANNUITY TRUST; DIYA HOLDINGS LLC; DIYA REAL HOLDINGS, LLC; I.I. 1, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents; I.I. 2, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents; and I.I. 3, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents, Relief Defendants.

Civil No. 3:15cv675 (JBA) September 22, 2022

ENDORSEMENT ORDER REGARDING DOCKET # 1991 On March 11, 2021 the Second Circuit remanded this case to the Court for a Court

(Order for Briefing on Remand [Doc. # 1801] at 1.) Although the Court had previously [Doc. # 2122] at 4). The Court therefore directed Murtha Cullina Id.)

Murtha Cullina asked the Court to release $107,434. 2.) However, the billing records Murtha Cullina submitted were too heavily redacted for the

Court to ascertain whether some entries pertained to the NDAA issue or reflected a reasonable expenditure of time. (Endorsement Order [Doc. # 2286] at 2.) The Court therefore directed Murtha Cullina to submit its unredacted billing records for in camera review. Murth Cullina complied [Doc. # 2302], and now requests $87,298.50 (Id. at 2.)

After full review, for the $48,021 in fees for which the records show time pertained to the NDAA remand and was reasonably incurred, the Court grants the motion. The Court denies the motion for $34,315 for the reasons that follow:

No detail provided:

DATE HOURS FEE N/A 2 $1,300.00 Insufficient detail to ascertain relationship to NDAA remand:

DATE HOURS FEE 4/18/2021 4 $2,600.00 4/15/2021 0.1 $41.50 4/15/2021 0.1 $43.50 4/16/2021 0.1 $43.50 4/20/2021 1 $435.00 4/20/2021 0.9 $337.50 3/16/2021 0.5 $325.00 3/22/2021 0.2 $87.00 4/7/2021 2 $1,300.00 4/9/2021 0.1 $43.50 4/28/2021 1.5 $937.50 4/29/2021 2 $1,300.00 5/3/2021 1 $650.00 5/4/2021 2 $1,300.00 5/5/2021 1 $650.00

4/28/2021 0.6 $249.00 4/23/2021 3.3 $1,369.50 4/23/2021 0.5 $312.50 4/24/2021 1 $650.00 4/26/2021 0.4 $166.00 4/27/2021 5.4 $2,241.00 Insufficient detail to ascertain reasonableness of time expended:

DATE HOURS FEE 6/3/2021 0.5 $325.00 6/15/2021 0.2 $130.00 5/5/2021 0.2 $83.00 5/6/2021 1.8 $1,170.00 5/10/2021 1 $625.00 5/11/2021 3 $1,950.00 5/12/2021 4 $2,600.00 5/13/2021 3.5 $2,275.00 5/14/2021 5 $3,250.00 5/17/2021 7.5 $4,875.00 4/8/2021 1 $650.00 The Court partially grants the motion for $3,250 (half the total billed) for entries where entries combined tasks and there was sufficient information only as to some of the listed tasks. Those entries are as follows:

Insufficient detail to ascertain relationship to NDAA remand:

DATE HOURS FEE 4/26/2021 2 $1,300.00 Insufficient detail to ascertain reasonableness of time expended:

DATE HOURS FEE 4/27/2021 2 $1,300.00 5/18/2021 6 $3,900.00 NDAA briefing from March 16, 2021 to June 16, 2021 [Doc. # 1991] in the amount of $51,271.

The Reciever is requested to effectuate this payment.

IT IS SO ORDERED.

__________________________/s/__________________

Janet Bond Arterton, U.S.D.J.

Dated at New Haven, Connecticut this 22nd day of September, 2022

UNITED STATES DISTRICT COURT

DISTRICT OF CONNECTICUT UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. IFTIKAR AHMED, Defendant, and IFTIKAR ALI AHMED SOLE PROP; I-CUBED DOMAINS, LLC; SHALINI AHMED; SHALINI AHMED 2014 GRANTOR RETAINED ANNUITY TRUST; DIYA HOLDINGS LLC; DIYA REAL HOLDINGS, LLC; I.I. 1, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents; I.I. 2, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents; and I.I. 3, a minor child, by and through his next friends IFTIKAR and SHALINI AHMED, his parents, Relief Defendants.

Civil No. 3:15cv675 (JBA) September 22, 2022

ENDORSEMENT ORDER REGARDING DOCKET # 1991 On March 11, 2021 the Second Circuit remanded this case to the Court for a Court

(Order for Briefing on Remand [Doc. # 1801] at 1.) Although the Court had previously [Doc. # 2122] at 4). The Court therefore directed Murtha Cullina Id.)

Murtha Cullina asked the Court to release $107,434. 2.) However, the billing records Murtha Cullina submitted were too heavily redacted for the

Court to ascertain whether some entries pertained to the NDAA issue or reflected a reasonable expenditure of time. (Endorsement Order [Doc. # 2286] at 2.) The Court therefore directed Murtha Cullina to submit its unredacted billing records for in camera review. Murth Cullina complied [Doc. # 2302], and now requests $87,298.50 (Id. at 2.)

After full review, for the $48,021 in fees for which the records show time pertained to the NDAA remand and was reasonably incurred, the Court grants the motion. The Court denies the motion for $34,315 for the reasons that follow:

No detail provided:

DATE HOURS FEE N/A 2 $1,300.00 Insufficient detail to ascertain relationship to NDAA remand:

DATE HOURS FEE 4/18/2021 4 $2,600.00 4/15/2021 0.1 $41.50 4/15/2021 0.1 $43.50 4/16/2021 0.1 $43.50 4/20/2021 1 $435.00 4/20/2021 0.9 $337.50 3/16/2021 0.5 $325.00 3/22/2021 0.2 $87.00 4/7/2021 2 $1,300.00 4/9/2021 0.1 $43.50 4/28/2021 1.5 $937.50 4/29/2021 2 $1,300.00 5/3/2021 1 $650.00 5/4/2021 2 $1,300.00 5/5/2021 1 $650.00

4/28/2021 0.6 $249.00 4/23/2021 3.3 $1,369.50 4/23/2021 0.5 $312.50 4/24/2021 1 $650.00 4/26/2021 0.4 $166.00 4/27/2021 5.4 $2,241.00 Insufficient detail to ascertain reasonableness of time expended:

DATE HOURS FEE 6/3/2021 0.5 $325.00 6/15/2021 0.2 $130.00 5/5/2021 0.2 $83.00 5/6/2021 1.8 $1,170.00 5/10/2021 1 $625.00 5/11/2021 3 $1,950.00 5/12/2021 4 $2,600.00 5/13/2021 3.5 $2,275.00 5/14/2021 5 $3,250.00 5/17/2021 7.5 $4,875.00 4/8/2021 1 $650.00 The Court partially grants the motion for $3,250 (half the total billed) for entries where entries combined tasks and there was sufficient information only as to some of the listed tasks. Those entries are as follows:

Insufficient detail to ascertain relationship to NDAA remand:

DATE HOURS FEE 4/26/2021 2 $1,300.00 Insufficient detail to ascertain reasonableness of time expended:

DATE HOURS FEE 4/27/2021 2 $1,300.00 5/18/2021 6 $3,900.00 NDAA briefing from March 16, 2021 to June 16, 2021 [Doc. # 1991] in the amount of $51,271.

The Reciever is requested to effectuate this payment.

IT IS SO ORDERED.

__________________________/s/__________________

Janet Bond Arterton, U.S.D.J.

Dated at New Haven, Connecticut this 22nd day of September, 2022

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