The Securities and Exchange Commission (SEC) has filed charges against Lynn Tilton and her companies, Patriarch Partners, after allegedly defrauding investors. The SEC believes Tilton and Patriarch Partners failed to disclose the poor performance of loan assets held by the firm's Zohar funds, allowing her to continue to collect fees from investors totaling nearly $200 million. The Zohar funds had raised over $2.5 billion from notes sold to investors. Tilton has denied all charges.
If you believe you have been victimized by securities fraud, financial malpractice, or theft by a FINRA registered broker, please call the securities attorneys of the Costello Law Group at (877) 418-0003 for a free consultation.
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