.4010 Rev.

1/2011

FINANCIAL DISCLOSURE REPORT FOR CALENDAR YEAR 2010

2. Court or Organization US District Court -- SONY
Report Type (check appropriate type)

Report Required by the Ethics in Government Act of 1978 (5 U.S.C. app. IOlolll)

I. Person Reporting (last name, first, middle initial) Karas, Kenneth M. 4. Title (Article III judges indicate active or senior status: magistrate judges indicale full. or part-time) ] District Judge -- Active

3. Date of Report 05/13/2011 6. Reporting Period 01101/2010 to 12/31/2010

Nomination, [] Initial

Date [] Annual [] Final

5b. [] Amended Repot1

7. Cbamberl or Office Address 300 Quanopas Street. Room 533 White Plains, NY 10601

8. Oa the basis of the Information contained lu this Repot/and any modifications pertaining thereto, it is, in my opinion, in compliance with applicable laws and regulations.

Reviewing Officer

Date

IMPORT.4NT NOTES: the instructions accompanying thi~ form must be followea[ Complete all partX,
checking the NONE box for each part where yoa have no reportable information. Sign on last pag~

I. POSITIONS. (R~m,,: l, ahu,,,,t o,~ty:,,o,~ 9-tJ of#in: ~ns.artlon~)

~ NONE (No reportable positions.) POSITION 1. 2. 3. Trustee Member, Board of Dircctor~ Member, BoardofAdvisors Trustee # I National Association of Urbnn Debate Leagues The Center on Law ~d Security

NAME OF ORQANIZATION/ENTITY

I1. AGREEMENTS. t~,o,~.~ i,~.o) o.t~; ,e, ~,,. t C-t~ of fill~g lnxffuCtlons.)
[~] NONE (No reportable agreements.)
DATE

PARTIES AND TERMS

Karas, Kenneth M.

1. FINANCIAL DISCLOSURE REPORT Page 2 of 7

~sme o~ Pesos Repor~ln| Karas, Kenneth M. Dage of Report OMI3/~OI I

1II. NON-INVESTMENT INCOME. tS,7oranz ~.d~.~,,a..,~spoo,e~.e.p~ tr.u

A. Fliers Non-Investment Income ~

NONE (No reportable non-investmenl income.) DATE SOURCE AND TYPE

INCOME (yours, not spouses)

2. 3. 4.

B. Spouses Non-! nvestment income - If you ~ere marrieff during any portlon of the reportl~g )~r, complete this section.
(Dollar amount not required except for honoraria.)

~-~

NONE (No reportable non-investment income.)

DATE SOURCE AND TYPE ~, ] Salary

1.2010 2. 3. 4.

IV. REIMBURSEMENTS (Includes those to spouse and dependent children; see pp, 2J-2 7 of filing instructions.)

NONE (No reportable reimbursements.)

SOURCE DATES LOCATION

PURPOSE

ITEMS PAID OR pROVIDED

2. 3. 4. 5.

FINANCIAL DISCLOSURE REPORT Page 3 of 7

Nsme of Per~o,~ Reporting KarJs, Kenneth M.

Dale of Reporl 05/13/2011

[-~

NONE (No reportable g~s.) SOURCE DESCRIPTION

VALUE

I. 2. 3. 4. 5.

VI. LIABILITIES. a.a,,,~,

[~] NONE (No reportable liabiliti~.) CREDITOR
I. 2. 3. 4. 5.

DESCRIPTION

VALUE CODE

FINANCIAL DISCLOSURE REPORT Page 4 of 7

Name of Person Reporting Kurus, Kenneth M.

Date of Repor~ 05113/2011

NONE (No reportable income, assets, or transactions.)

A. I~s~ription of As~ts (including trust ~scls) Place "(X)" alter e~ch asset exempt from prior disclosure B. Income during r~orting Ixriod (I) Amount Code I (A-H} (2} Type (e.g., div., rent, or int.) C. Gros~ value a! end of Ixporting period (I) (2) Value Value Code 2 Method C~le 3 {J-P) (Q~O D. Transactions during r~porting period (I) T)p (e.g., buy, ~ell, ~demption) (2) Dat~ mm!dd!yy (3) (4) Value Gain Code 2 Code I {J-P) (A-H} (5) Identity of (if private tr~nsu:tion)

I. 2. 3. 14. 5. 6. 7. 8. 9. I0. II. 12. 13. 14. 15. 16. 17.

JFCU Citibank Savings Account Citibank Checking Account HR-10 Fidelity Diversified Intl Fund HR-10 Fidelity Diversified lntl Fund K HR-IO Royce Total Return Investment Fund HR- I 00akmark Equity & Income Investment Fund HR-I 0 AF Growth Fund American R4 HR-10 AF Growth Fund American R5 HR-10 JHancockClass Val I 401K Fidelity Diversified Intl Fund 401K Fidelity Diversified Iml Fund K 401K Royce Total Return Investment Fund 401K Oakmark Equity & Income Investment Fund 401K AF Growth Fund American R4 401K AF Growth Fund American R5 401K JHaneock Class Val I

A A

Interest Interest None None None None None None None None None None None None None None None

J M M

T T T Redeemed 03/24110 03/24/10 L L

L L L

T T T

Buy

Redeemed L K T T Redeemed L K L T T T Redeemed L K T T Buy Buy Buy (addl)

09/01/10 09/01/10

L L

03/24/10 03/24/10

L L

09/01/10 09/01/10

L L

I. I ncon~ Gain Codes: (S~ Cohmms Eli and D4) 2. Vah,~ Cod~$ (Sc~ Columns CI and D3) ]. Value M~Ulod Codc$ (S~ Cohman C2)

A -$ 1.0~0 of less F -$50.001 * $10~1[~ J "$15,000 o~ I~s H =$250,001 - $500,000 Q -Appra~lM U -Book V~du

B =$ 1,001 - $2,500 G -$100,001 * $1.000.000 K "$ |5.001 - $50.0(X} O "r$SO0.O0l " $1.0OO,000 R =Cost (Rll Eslal~ O~ly| V~

C =$2.501 - $~,000 Ill -$1,000.001 - $5.000.000 L -$50.001 - $100.000 PI =$1.0(JO,001 - $3,000.000 S =Assessmco! W =E~msL-d

D -$ $,001 - $ I 5.000 H2 =Mo~ Usm $~,.000.000 M -$100.O01 - 5250.000 P2 =$5,000.001 - SZ~.,000.000 T -CLsh Mark~

E =$I J;.O01 - $~0.000

FINANCIAL DISCLOSURE REPORT Page 5 of 7

Date of Repor~ 0511312011

NONE (No reportable income, assets, or lransactions.)

A. l~scfiption of A~t~ (i~ludmg I~Sl ~) PI~ "~)" a~ ~h a~t ex~ f~m prior di~l~u~ B. Income during ~ing ~ (i) A~nt Code I (A-H) (2) T~ (.g.. div., ~ or int.) C. Gross value at end of ~g ~ (1) (2) Va~e Value ~2 Method C~ 3 O-P) D. Transactions during ~fling ~6~ O) T~ (.~, buy, ~]l, Rd~pti~} (2) Da~ m~d~ O) Ve~ Co~ 2 (~-P) (4) Gain C~ I {A-~ (~) ]d~tJly of b~/~li~ (if p~val

18. 19.

ETrade Sweep Account NY 529 Vanguard Agressive Fund (no control) NY 529 Vanguaxd Aggressive Fund (no con~ol) Citibank IRA Citibank IRA

Interest None None

J J J J J N

T T T T T T

A A B

Interest Interest Interest

~3.

Metal| Lynch(Bank of America (Various Accounts)

I, Income Gain C~les:

A =$1.00~ ~ Jess

B =$ 1,00l - $2,300

C =$2,501

E =$ ! ~,0~ ! . $ 50,000

FINANCIAL DISCLOSURE REPORT Page 6 of 7

Nsme of Person Rrpor~ln| Karas, Kenneth M.

Date of Report 05/13/201 ]

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS. a~,,,,~,~,~oi,,mtj

The Trust discussed in Part I is a non-funded insurance trust for a ] member who is a truestee of a similar trust in my name, However, neither trust confers any current benefits or income and only is triggered upon or~ ; ~membcrs demise.

FINANCIAL DISCLOSURE REPORT Page 7 of 7

Name of Person ReporUng Karas, Kenneth M.

Dale of Report 05/13/2011

IX. CERTIFICATION.
I certify that all information given above (including Information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that any Information not reported was withheld because it met applicable statutory provisions permitting non-disclosure. I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are In compliance with the provisions ofS U.S.C. app. 501 eL seq., 5 U.S.C. 7353, and Judicial Conference regulations.

Signal

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FALLS TO FILE Tills REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (S U.S.C. app. 104)

Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Columbus Circle, N.E. Washington, D.C. 20544