On Friday, October 28th, 2022, the Receiver filed a motion with the court to approve a second interim distribution of $1.2 million. The motion also proposes to reduce MIMO claims in the receivership for investors participating in the class action settlements with Davis Wright Tremaine. The Receiver’s distribution will be made off of these adjusted MIMO balances, and are subject to “true-ups” once actual recoveries from the settlement are known. The hearing for the motion is December 2, 2022. Pending approval, the distribution will be made by December 15th.