PCX PCX Pg 1 of and 5 PCX053 Pg 1 of 45 EXHIBIT PCX020

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1 smb Doc Doc Fled Fled 09/24/18 08/24/18 Entered 09/24/18 08/24/18 22:51:31 17:00:04 PCX020 Exhbt PCX PCX Pg 1 of and 5 PCX053 Pg 1 of 45 EXHIBIT PCX020

2 MWPTAP ' Secton?8///{7){8) of SIPA states shathe flng date s "tre date on whch an applcaton for a protectve decree s fled wder 78ece{a';{3)." except where the debtor s the subject ofa proceedng pendng.before a Unted States court 'fosvhjeh a recever, trustee, or lqudator tor such debtor has been apponted and such proceedng was commenced before the dale on whch such applcaton was fled foe form 'flng date' means the date oh whch such proceedng was commenced." Secton 78 ///{ 7 ){B. Thus, even though the -Applcaton for a protectve decree was fled on December L, 2008, foe Hfog Date m ths -acton -s- on December L 3008, Further, based on the Trustee's analyss, the amount of money you wthdrew from your account at BLMIS (total of SO.00). as more fully set forth n Table 1 annexed hereto and made a par hereof, s equal to the amount that was deposted wth BLMIS for the purchase of.securtes (total of ). As noted, no securtes were ever purchased by BLMIS for your account. Any and all profts reported to you by BLMIS on account statements were fcttous. Your clam for securtes s DENIED. No.securtes were ever purchased for your account. The Trustee has made the followng-determnaton regardng your clam on BLMIS Account No. TB0J.56 desgnated as Clam Number 3900: The lqudaton of the busness of BERNARD L. MADOFF INVESTMENT SECURITIES LLC ("BLMIS") s beng conducted by Irvng H. P card, Trustee under the Securtes Investor Protecton Act 5 U.S.C, 78aaa et seq. f's'ipa"), pursuant to an order entered on December by the Unted States Dstrct Court for the Southern Dstrct of New York. PLEASE READ THIS NOTICE CAREFULLY. Dear Aaron Blocker Rev. Trust U/A/D 3/15/07: Aaron Blocker Rev. Trust U/A/D 3/15/07 Redacted j! May 1 0, 2010 NOTICE OF TRUSTEE'S DETERMINATION OF CLAIM DECEMBER 1 1, 2008 In Lqudaton BERNARD L, MADOFF INVESTMENT SECURITIES LLC PCX PCX Pg 2 of and of 5 PCX053 Pg 2 of 45

3 MWPTAP PLEASE TAKE NOTICE: f you dsagree wth ths determnaton and desre a hearng before Bankruptcy Judge Burton R. L Hand, you MUST fle your wrtten opposton, settng forth the grounds tor your dsagreement, referencng Bankruptcy Case No. OS (BRL) and attachng copes of any documents n support of your poston, wth the Unted States Bankruptcy Court and the Trustee wthn THIRTY DAYS after May , the date on whch the Trustee- maled ths notce. Nothng n ths Notce oftrustee's Determnaton of Clam shall be construed as a waver of any rghts or clams held by the Trustee aganst you. Should a fnal and unappealable court order determne that the Trustee s ncorrect n hs nterpretaton of "net equty " and ts correspondng applcaton to the determnaton of customer clams, the Trustee wll be bound by that order and wll apply t retroactvely to all prevously determned customer clams n accordance wth the Court's order. Nothng n ths Notce of Trustee's Determnaton of Clam shall be construed as a waver of any rghts or clams held by you m havng your customer clam re-determned n accordance wth any such Court order. On March 1, the Unted States Bankruptcy Court for the Southern Dstrct of New York (Lfland, J.) ssued a decson whch affrmed the Trastee's Net Investment Method for determnng customer clams. The fnal resoluton of ths ssue s expected to be determned on appeal. Because your account has a zero balance, you do not have a postve "net equty" n your account ard you are not enttled to an allowed clam n the BLMIS lqudaton proceedng. Therefore, your clam s DENIED n ts entrety. Whenever a customer requested a transfer from one account to another, the Trustee analyzed whether the transferor account had prncpal 111 the account at the tme of the transfer. The avalable prncpal n the account was transferred, to and credted n the transferee account. Thus, the reason that the adjusted amount of transferred deposts or wthdrawals n Table 1 s less than the purported transfer amount s that the transferor account dd not have suffcent prncpal avalable to effectuate the rtdl transfer. The dfference between the purported transfer amount and the adjusted transfer amount s tre amount of fcttous gan that was transferred to or from your account. Under the money n/money" out. analyss, the Trustee does not gve credt for fct tous gans n settlng your allowed clam. As reflected s Table I, certan of the transfers nto or out of your account have been adjusted. As par ofthe Trustee's analyss of accounts, the Trustee has assessed accounts based on a money n/money out analyss (.e., has the nvestor deposted more or less than he or she wthdrew from BLMIS). Ths analyss allows the Trustee to determne whch part of an account's balance s orgnally nvested prncpal and whch part s fcttous gans that were fabrcated by BLMIS. A customer's allowed clam s based on the amount of prncpal n the customer's account. PCX PCX Pg 3 of and of 5 PCX053 Pg 3 of 45

4 MWPTAP Trustee for the Lqudaton of the Busness of Bernard L. Madoff Investment Securtes LLC a n -S: /I. MM :-f n M M^U ft t Irvn; L Pcard 1 XSv,-;;, Irvng H. Pcard, Trustee do Baker & Hosteller LLP 45 Rockefeller Plaza New York, New York and Clerk of the Unted States Bankruptcy Court for the Southern Dstrct of New York One Bowlng Green New York, New York PLEASE TAKE FURTHER NOTICE: You must mal, your opposton, f any, m accordance wth the above procedure, to each of lve followng addresses: PLEASE TAKE FURTHER NOTICE: If you properly and tmely fle a wrtten opposton, a hearng date for ths controversy wll be obtaned by the Trustee and you wll be notfed of that hearng date. Y our falure to appear personally or through counsel at such hearng wll result n the Trustee's determnaton wth respect to your clam beng confrmed by the Court and bndng on you. PLEASE TAKE FURTHER NOTICE: Ifyou do not properly and tmely fle a wrtten opposton, the Trustee's determnaton wth respect to your clam wll be deemed confrmed by the Court and bndng on you, PCX PCX Pg 4 of and of 5 PCX053 Pg 4 of 45

5 MWPTAP ; j JL_ $1,666,664.0! Total; Wthdrawals! - Total deposts! less! wthdrawals,'! f mmmmm» ADJUSTED AMOUNT j DEPOSITS TRANSACTION DATE I AMOUNT DESCRIPTION 4/24/ 199 j\ TRANS FROM /5/2007; TRANS FROM /19/2OO7] TRANS FROM Total Deposts;]. ; -HI $206^,28 Jg. $1AS9,M3M $792,271 $1666, PCX PCX Pg 5 of and of 5 PCX053 Pg 5 of 45

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