Asset Management Firm Secures Non-Prosecution Agreement
Secured a non-prosecution agreement on behalf of the former Chief Administrative Officer of an alternative asset management firm in parallel Department of Justice and SEC investigations arising out of the demise of the company. The company was formerly focused on investing in companies operating in the real estate, healthcare, education, financing services, consumer services, media, retail, transportation and manufacturing sectors. It collapsed amid accusations its top executives were running a $300 million Ponzi scheme.