Blog
May 4, 2022
Spring Hills Holdings, LLC Investment Review Spring Hills Holdings, LLC is a health care owner-operator offering a “senior care investment opportunity,” according to the DI Wire. The company filed a Form D to raise capital from investors in 2017, with a total offering amount of $25,000,000, as per SEC filings. Additional offerings followed. Spring Hills […]
April 25, 2022
On April 20, 2022, GWG Holdings, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas. This filing came after the company defaulted in February 2022 on life-settlement backed bonds amounting to $1.6 billion. The default has raised concerns regarding the financial stability of the company and […]
September 13, 2021
SPAC deals are swiftly falling from grace as $75 billion of value has evaporated in just six months, according to a Wall Street Journal report. The collective value of 137 deals that closed by mid-February has plunged 25% since the start of the year, totaling $75 billion in lost value, according to the Journal, citing a […]
New York investment firm Infinity Q Capital Management LLC is liquidating its hedge fund as the fallout from a U.S. regulatory probe into its valuation practices In January, Infinity Q reported that it managed over $3 billion in assets. It was forced to liquidate its mutual funds after the SEC found that chief investment officer […]
July 12, 2021
On July 6, 2021, a federal district court in Connecticut entered final judgments against investment adviser Westport Capital Markets, LLC and its sole owner, Christopher E. McClure. The judgments order that Westport Capital and McClure are jointly and severally liable for disgorgement of $632,954, along with $187,807 in prejudgment interest, for a total disgorgement and […]