SUMMARY ORDER Appellant Frederico R. Martinez Trigue-ros appeals from the judgment of the United States District Court for the District of Connecticut, approving the court-appointed receiver’s distribution plan over Appellant’s objection. We assume the parties’ familiarity with the underlying facts, the procedural history of the case, and the issues on appeal.
We have jurisdiction to entertain this interlocutory appeal under 28 U.S.C. § 1292(a)(1) because the district court’s order effected a modification of the freeze order entered first as a statutory restraining order and then continued as a preliminary injunction. See SEC v. Credit Bancorp, Ltd., 290 F.3d 80, 86-87 (2d Cir.2002). We review a district court’s decision relating to the choice of distribution plan for a receivership estate for abuse of discretion.
Id. at 87. “Courts have favored pro rata distribution of assets where ... the funds of the defrauded victims were commingled and where victims were similarly situated with respect to their relationship to the defrauders.” Id. at 88-89. Here, we find no abuse of discretion in the district court s well-reasoned finding that pro rata distribution was the most equitable remedy for the fraud perpetuated here.
As the district court properly found, the investors, including Appellant, were similarly situated with respect to the extent to which the defendant exercised control over their accounts, as well as with respect to their shared understanding that all of the customer accounts would be traded together. Moreover, this is not a case in which Appellant’s assets were “segregated in the manner of true trust accounts” or “had never been placed in the defrauder’s control,” as in cases in which some courts have permitted the return of assets to particular victims. Id. at 90.
We decline to consider Appellant’s claim, raised for the first time in his reply brief, regarding the denial of his request for a cash advance. See Graham v. Henderson, 89 F.3d 75, 82 (2d Cir.1996). However, we have carefully considered Appellant’s remaining claims and find them to be without merit. For the foregoing reasons, the order of the district court is AFFIRMED.