Did You Invest in 1st Global Capital Through a Stockbroker or Financial Advisor and Have Concerns About Your Investment?
1st Global Capital filed for Chapter 11 Bankruptcy after the Securities and Exchange Commission (SEC) launched an investigation into the possible: (1) sale of unregistered securities, (2) sales of securities by unregistered brokers, and (3) fraud in connection with the sales of securities. Several state attorney generals are reportedly also investigating.
News of these investigations has apparently interfered with 1st Global Capital’s ability to raise cash, potentially causing the company to have filed for bankruptcy on July 30th, 2018. As disclosed in the bankruptcy filings, the company sought bankruptcy protection “in order to address a sudden and acute liquidity crisis and to preserve their assets and business operations for the benefit of the individual lenders and all other constituencies.”
If you are an investor with 1st Global Capital and invested through a stockbroker or financial advisor and are concerned about the potential loss of your investment, call securities fraud lawyer David Chase to discuss your legal options in a confidential, no-obligation consultation.
The securities law firm of David R. Chase has recovered millions of dollars for defrauded investors in cases against securities brokerage firms for their stock broker’s fraudulent and negligent conduct.
Contact securities fraud lawyer David Chase for a confidential, no-cost consultation about your ability to recover your investment losses at: (800) 760-0192 or at: david@davidchaselaw.com. David Chase, a former SEC Prosecutor, is the principal of the SEC law firm, David R. Chase, PA, based in Fort Lauderdale, Florida.
