Morgan & Morgan Announces the Investigation of John Thomas Bridge and Opportunity Fund LP I and the John Thomas Bridge and Opportunity Fund LP II
NEW YORK, April 1, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating claims on behalf of investors of John Thomas Capital Management, renamed as Patriot 28 LLC. This investigation concerns conduct by various individuals regarding two hedge funds known as the John Thomas Bridge and Opportunity Fund LP I and the John Thomas Bridge and Opportunity Fund LP II (together, the "Funds"), and the Funds' adviser (the "Adviser"). Since September 2011, the Funds have been known as Patriot Bridge and Opportunity Fund LP and LP II and the adviser has been known as Patriot 28 LLC.
In March 2013, the SEC announced charges that Houston hedge-fund manager George Jarkesy Jr. and his firm, John Thomas Capital Management, since renamed Patriot 28 LLC, defrauded investors by inflating valuations on assets held by two hedge funds.
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