Aequitas Capital Management - Hagens Berman

In March 2016, Hagens Berman filed a class action lawsuit asserting that various investment funds run by Aequitas Capital Management operated as a Ponzi scheme from 2010 until finally …

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Stoll Berne And Hagens Berman Announce $234.6 Million …

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Jul 10, 2019 · Stoll Berne and Hagens Berman, on behalf of investors in Aequitas, sued the defendants as participants or material aiders under the Oregon Securities Law. The estimated …

stollberne.com

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Investors Agree To $234.6M In Settlements In Aequitas Was

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Jul 10, 2019 · According to a release from the law firms Stoll Berne and Hagens Berman, the class action lawsuit alleged that Lake Oswego-based Aequitas and its companies "operated a …

bizjournals.com

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Aequitas Investors Score Major Victory With $234.6 Million Settlement

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Jul 9, 2019 · Investors could make up for most of their losses in the Aequitas Financial scandal after a handful of defendents agreed to settle a class-action lawsuit for a whopping $234.6 …

oregonlive.com

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$58.1 Fee Request In $234.6M Aequitas’ Ponzi Scheme Settlement

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A recent Law 360 story by Dean Seal, “Attys Seek $58.1M in Fees for Deloitte, Sidley Austin Deal,” reports that class counsel for investors in now-defunct Aequitas Management LLC are …

thenalfa.org

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Attorney General Shapiro Announces $6.7 Million In Debt Relief …

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Aug 17, 2017 · HARRISBURG —Attorney General Josh Shapiro today announced a proposed settlement with Aequitas Capital Management, a defunct investment firm, that provides $6.7 …

attorneygeneral.gov

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Deloitte And Others Pay $235 Million Settlement Over Alleged

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Jul 10, 2019 · After three years in court, accounting giant Deloitte and others agreed last night to pay $234.6 million for allegedly enabling a giant Ponzi scheme run by now-defunct Aequitas …

qz.com

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Class Action Lawsuits | International Law Firm | Hagens Berman

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Hagens Berman is a global plaintiffs’ rights law firm fighting corporate negligence & fraud mostly via class-action law. The firm has achieved settlements valued at $325B+ since its founding in …

hbsslaw.com

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Professional Services Firms Settle Class Action For US$234m

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Rather, it is alleged that the defendants are statutorily liable under Oregon law for aiding Aequitas’ management on the sale of securities. Aequitas was accused by the US Securities and …

thelawyermag.com

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Developers Land $52.5M Construction Loan For The Braddock At …

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Mar 7, 2023 · Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 …

newyorkyimby.com

FAQs about Aequitas Capital Management - Hagens Berman Coupon?

Did a class action help Aequitas sell securities in Oregon?

In what could be the largest settlement of a securities lawsuit in Oregon history, settlements of at least $234.6 million have been secured for some 1,600 investors in a class action against third parties that may have helped now-defunct Aequitas Capital Management sell securities. ...

What happened to Aequitas Capital Management?

U.S. District Judge Michael Simon sentenced three former executives at Aequitas Capital Management to prison terms totaling more than 20 years. ...

Did Aequitas defraud investors?

In arguments made during the trial, defense attorneys for the Aequitas executives said investors were given enough information to be aware of the financial risks they were taking, as reported by the Portland Business Journal at the time. The U.S. Attorney’s office estimates Aequitas defrauded hundreds of investors a total of nearly $300 million. ...

Should Aequitas executives send a message to deceive investors?

In a recorded statement responding to the judge’s decision Thursday, Ethan Knight, the chief of the economic crimes unit for the Oregon U.S. Attorney’s Office, said the historic sentences for the Aequitas executives should send a message to anyone in a position to deceive investors. ...

Will Aequitas recoup losses from a class action settlement?

Investors stung by the now-defunct Aequitas Capital Management Ponzi scheme are likely to recoup much of their losses as a result of a settlement in a proposed class action. ...

Why did Aequitas seek $350 million from a class action lawsuit?

Investors in Oregon-based Aequitas were seeking $350 million from a class action lawsuit, which alleged that the securities scheme couldn’t have happened without accountants like Deloitte and EisnerAmper—also a defendant in the lawsuit—signing off on their books, and lawyers including elite white-shoe firm Sidley Austin doing the paperwork. ...