Search for: "Affinity LLC" Results 41 - 60 of 174
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5 Feb 2021, 8:08 am by Dan Bressler
You have all waited so patiently, but I am delighted to confirm that the Legal Sector Affinity Group’s (LSAG) revised and much updated anti-money laundering (AML) guidance has, after much anticipation, finally landed. [read post]
SEC Charges Middlesex Mortgage Group and Masanotti with Running $5.9 Million Ponzi Scheme The U.S. Securities and Exchange Commission (“SEC”) has alleged that unregistered investment adviser John A. Masanotti, Jr. (“Masanotti” of Darien, Connecticut and his company, Middlesex Mortgage Group LLC (“MMG”), with fraud in connection with investments that MMC induced from outside investors, totaling least $5.9 million, beginning in 2016. Many of the MMG investors allegedly liquidated securities they held in retirement accounts to invest in the fund. The SEC Complaint is accessible here. According to the SEC. MMC and Masanotti allegedly used investor money to make Ponzi-like payments to investors and also used some investor funds for Masanotti’s “extravagant personal expenses,” According to the SEC, Masanotti told investors that MMC would invest their money in foreign currencies, securities and initial public offerings, but in fact MMC appears to have made no investments on their behalf. After receiving their initial payments, Masanotti continued to deceive investors to perpetuate the investment scheme, including via payments that purported to be returns on capital invested, the SEC said. Over the course of the scheme, Masanotti allegedly used more than $3 million of Middlesex’s assets for his and his family’s personal benefit, according to the suit. The SEC accuses Masanotti of violating the Securities Act and the Exchange Act. A Ponzi scheme is a purported investment vehicle in which early investors in the scheme are paid funds from later investors, thus creating the illusion of legitimacy and solvency. Ponzi schemes are often doomed to failure once the perpetrator of the scheme can no longer pay out investors through newly raised money. Some warning signs that every investor should remain mindful of when vetting a potential investment and conducting due diligence include the promise of high returns with guarantees of little or no risk; overly consistent returns with little or no volatility in the in
14 Nov 2023, 4:30 pm by InvestorLawyers
(“Masanotti” of Darien, Connecticut and his company, Middlesex Mortgage Group LLC (“MMG”), with fraud in connection with investments that MMC induced from outside investors, totaling  least $5.9 million, beginning in 2016. [read post]
9 Apr 2018, 1:57 pm by Lawrence B. Ebert
DIRECTV, LLC, 838 F.3d 1262 (Fed. [read post]
19 Sep 2013, 12:25 pm by Lindsay Griffiths
  All information is the copyright of Marketing Field, LLC © 2013   Rainmaking Recommendations are sent the first and third Wednesdays of the month. [read post]
6 Mar 2020, 9:28 am by Lawrence B. Ebert
For example, in Affinity Labs. of Texas, LLC v. [read post]
16 Apr 2013, 8:30 pm by Lawrence B. Ebert
Patent andTrademark Office (PTO), included “any and all anti-CD20antibodies, no matter the specificity or affinity for thespecific epitope on the circulating tumor cells. [read post]
21 Jun 2019, 2:04 pm
In re The Artsmiths, LLC, Serial No. 8715177 (June 17, 2019) [not precedential] (Opinion by Judge Thomas W. [read post]
29 Jan 2018, 9:14 am by Dennis Crouch
Movea, Inc., No. 17-39 Affinity Labs of Texas, LLC v. [read post]
8 Aug 2019, 3:17 am
Princeton Vanguard, 114 USPQ2d at 1830 (citing Marvin Ginn, 228 USPQ at 530); Couch/Braunsdorf Affinity, Inc. v. 12 Interactive, LLC, 110 USPQ2d 1458, 1462 (TTAB 2014). [read post]
28 Sep 2016, 9:36 am by David Cosgrove
Wells Fargo Advisors, LLC and Fulcrum Securities, LLC were ordered to pay $470,000 to investors for their failure to oversee Christopher Cunningham of Virginia, who defrauded elderly clients in a Ponzi scheme. [read post]
24 Nov 2010, 8:22 am by Stefanie Levine
Patent No. 7,240,290 owned by Vellata, LLC and entitled TELEPHONE CALL INITIATION THROUGH AN ON-LINE SEARCH. [read post]
24 Nov 2010, 8:22 am by Stefanie Levine
Patent No. 7,240,290 owned by Vellata, LLC and entitled TELEPHONE CALL INITIATION THROUGH AN ON-LINE SEARCH. [read post]