SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Aequitas Management, LLC

Mar 17, 2016, 10:00 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, March 17, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Aequitas Management, LLC ("Aequitas" or "the Company") promissory notes or interest of an Aequitas -affiliated invested fund through Aequitas Commercial Finance, LLC or Aequitas Holdings, LLC between January 2014 and January 2016. Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484.

This investigation concerns whether Aequitas and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act"). 

Aequitas Management, LLC is a company offering alternative financing options to promising companies in select industries and is headquartered in Lake Oswego, Oregon. The company, and its affiliates, Aequitas Holdings, LLC ("AH"), Aequitas Commercial Finance, LLC ("ACF"), Aequitas Capital Management, Inc., Aequitas Investment Management, LLC, managed $1.67 billion in assets last year, up from $250 million in 2011. The firm raises money from wealthy families and institutional investors and steers it to various alternative investments, including student loans and unpaid hospital bills.

This investigation focuses on allegations that Aequitas Management, its affiliates and its officers, Robert J. Jesenik, Brian A. Oliver and N. Scott Gillis, have deceived investors to believe that they were investing in a portfolio of trade receivables in the healthcare, education, transportation, or consumer credit sectors. However, Aequitas has never revealed to investors that: (1) ACF and AH were effectively bankrupt; (2) that the vast majority of investor funds were not used to purchase trade receivables but instead to pay redemptions and interest to prior investors and to pay operating expenses; and (3) only some of the notes issued by ACF and the Aequitas Funds were supported by trade receivables.

If you are aware of any facts relating to this investigation, or if you executed a promissory note or purchased an interest of an Aequitas-affiliated investment fund through Aequitas Commercial Finance, LLC or Aequitas Holdings, LLC between January 2014 and January 2016, you can assist this investigation by visiting the firm's website: http://www.bgandg.com/#!aequitas/bpbn8.  You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com.  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC



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