# UNITED STATES OF AMERICA

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URL: https://www.frixlaw.com/law-library/documents/agency%3Asec%3Aba1a72fe3237e2b9

## Record

- **Collection:** Agency decision
- **Document type:** Agency decision

## Text

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Release No. 96687 / January 18, 2023
ADMINISTRATIVE PROCEEDING
File No. 3-17582
:
In the Matter of
:
:
Weatherford International PLC, f/k/a :
Weatherford International LTD.,
:
James Hudgins, CPA, and Darryl
:
Kitay, CPA
:
:
Respondents.
:

ORDER EXTENDING TIME TO
ENTER AN ORDER APPROVING OR
DISAPPROVING PLAN OF
DISTRIBUTION

ADMINISTRATIVE PROCEEDING
File No. 3-17628

In the Matter of
Ernst & Young LLP, Craig R.
Fronckiewicz, CPA, and Sarah E.
Adams, CPA
Respondents.

:
:
:
:
:
:
:
:

On November 17, 2022, pursuant to Rule 1103 of the United States Securities and
Exchange Commission’s Rules on Fair Fund and Disgorgement Plans (the “Commission’s
Rules”), 17 C.F.R.§ 201.1103, the Commission published a Notice of Proposed Plan of
Distribution and Opportunity to Comment (“Notice”)1 for the distribution of monies placed into
a Fair Fund in the above-captioned matters. The Notice invited public comment on the proposed

1

Exchange Act Rel. No. 96340 (Nov. 17, 2022).

plan of distribution (“Plan”) through December 19, 2022, and the Commission received three
public comments that raised various issues (the “Comments”).
Rule 1104 of the Commission’s Rules, 17 C.F.R. § 201.1104, provides in relevant part,
“[t]he order approving or disapproving the plan should be entered within 30 days after the end of
the final period allowed for comments on the proposed plan unless the Commission or the
hearing officer, by written order, allows a longer period for good cause shown.”
Thirty days from the end of the final period for comments on the Plan will lapse on January 18,
2023. The Division states additional time is needed to present its recommendation to the

Commission regarding the Comments and the Plan, and therefore, good cause has been shown to
enter an order extending time to approve or disapprove the Plan until June 30, 2023.
Accordingly, IT IS ORDERED that pursuant to Rule 1104 of the Commission’s Rules,2
for good cause shown, the time for entering an order approving or disapproving the Plan is
extended to June 30, 2023.
For the Commission, by its Secretary, pursuant to delegated authority.

Vanessa A. Countryman
Secretary

2

17 C.F.R. § 201.1104.

2

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Asec%3Aba1a72fe3237e2b9. Public record. Not legal advice.