INVESTORS: San Diego-based companies Fusion Hotel Management, LLC, Fusion Hospitality Corporation, and their founder, Denny T. Bhakta, were charged by the SEC with operating a[...]
Investment Loss Investigations
Attention Voya Employees in the Voya 401(K) Plan: A group of former Voya Financial Inc. employees sued the company this week, claiming the firm should[...]
INVESTORS: Wells Fargo has been fined $3M over recommendations involving Unit Investment Trusts (UIT). Wells allegedly recommended unsuitable early investment trust rollovers causing customers to[...]
INVESTORS: The SEC charged former Illinois investment professional Ronald T. Molo with defrauding three investors out of approximately $800,000. On November 23, 2021, the SEC[...]
Last Updated: December 9, 2021 INVESTORS: The SEC has obtained emergency relief and charged The Heartland Group Ventures, LLC – in addition to ten related[...]
On August 9, 2021, Mackenzie Realty Trust reportedly extended an unsolicited tender offer to purchase shares of BDCA for $2.50 a share. Originally, investors purchased[...]
Last Updated: November 20, 2021 INVESTORS: The SEC has alleged that president and chief compliance officer of Miami-based UCB, Lina Maria Garcia, has defrauded clients[...]
Last Updated: November 18, 2021 INVESTORS: The SEC has alleged that New York Fund Manager Joshua Burrell, principal at Activated Capital, LLC, has been operating[...]
According to its 2019 SEC filing, Arcadian New Venture Fund is a Venture Capital Fund located in California. The fund purportedly raised $21.81M from 50[...]
The firm and its principals are accused of operating a multi-year scheme that yielded millions of dollars. The SEC charged New Jersey-based claims aggregator and[...]