Investment

Federal Grand Jury to Decide Fate of Real Estate Moguls Accused in Multimillion-Dollar Investment Fraud

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A federal grand jury is delving into the affairs of LeFever Mattson, a real estate investment firm, as part of a significant investigation into alleged fraudulent activities surrounding its founders, Ken Mattson and Tim LeFever. The jury is scrutinizing a plethora of documents and testimonies to determine if there’s sufficient evidence to bring charges against the company or its key executives. The probe has revealed issues with the company’s operations, particularly that investors who backed the enterprise, once valued at $400 million, have ceased receiving dividends and cannot withdraw their funds. Court filings indicate that … Read more

Fortress Investment Group Dominates Litigation Funding Sector, Handling Multibillion-Dollar Cases with Tactical Precision

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New York — Fortress Investment Group has risen to the summit of the controversial and secretive litigation funding industry, not just through its substantial financial resources but also through its keen operational strategies. With approximately $6.6 billion allocated to legal assets, Fortress supports law firms engaged in significant lawsuits, including the Roundup cases against Bayer AG and talcum powder litigation against Johnson & Johnson. Additionally, it has committed $2.9 billion to intellectual property, making it the largest institutional investor in patents globally. The firm is recognized for its aggressive approach, particularly in intellectual property where … Read more

Unlock Investment Secrets at Latin Lawyer Live: Private Equity 2024 in NYC Next Week

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New York, NY — As the global private equity landscape continues to evolve, leading experts and industry professionals will converge at Simpson Thacher & Bartlett LLP’s New York office on October 8 for the premier Latin Lawyer Live: Private Equity 2024 event. The conference aims to delve into the challenges and opportunities within the Latin American market, offering attendees insider insights on navigating complex investment environments. The day will begin with a comprehensive overview of the private equity sector in Latin America, discussing market drivers and regional trends. Among the high-profile speakers, Emanuel Hernandez, director … Read more

Turning Investment Rules into Laws: The Key to Avoiding Costly Exceptions and Improving Portfolio Performance

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New York — The old adage “the exception that proves the rule” has often been cited, yet its usage typically leads to more confusion than clarity, especially in scenarios where strict rules should govern decisions. Originally, this phrase signified that the presence of an exception testing a rule actually confirmed its general validity. However, it has since morphed into a broadly misinterpreted justification for deviating from established guidelines. In the realm of investor behavior, this misinterpretation becomes particularly glaring. Even as the principles of smart investing have become better known, many an investor’s portfolio inadvertently … Read more