Pursuant to Order of the United States District Court for the Southern District of Ohio-Securities and Exchange Commission v. One Equity, et al. (Case No. 2:08-cv-667), Frederick L. Ransier of Vorys, Sater, Seymour and Pease LLP was the Court Appointed Receiver of One Equity Corporation, Triangle Equities Group, Inc., Dafcan Finance, Inc., Victory Management Group, Inc., Marshal-Light Trading Partners, Inc., and Resource Property Management.
As Receiver, Frederick L. Ransier, liquidated the assets of the receivership entities, including real property, stocks, accounts receivable, mediation claims, litigation claims, equipment and vehicles, among other things. Said receivership also included the pursuit of litigation, and liquidation, of American Depository Shares for a Chinese company.
The District Court entered an order approving the Receiver’s final report and application on May 1, 2014. Frederick L. Ransier, as Receiver, distributed in excess of $3.5 million to allowed unsecured creditors (a return of 34%).