1st Global Capital Investor Update: Receivership Action Likely to Result in 1st Global Liquidation

1st Global Capital investors continue to inquire about the status of 1st Global’s bankruptcy and loss recovery options. First, 1st Global’s situation is very serious: the company and its principal have been charged by the Securities and Exchange Commission with perpetrating a Ponzi scheme and misappropriating tens of millions of dollars of investor money. The… Read more »

1st Global Capital and 1st West Capital Investors: Goldman Scarlato & Penny Securities Lawyers Preparing to Seek Compensation for Investor Losses

1st Global Capital, LLC and 1st West Capital, LLC, two merchant lenders that recently filed for bankruptcy and have been charged with fraud, are now being investigated by the Goldman Scarlato & Penny PC investor rights lawyers on behalf of victimized investors. Florida-based 1st Global Capital and 1st West Capital raised over $287 million from… Read more »