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Articles Posted in Class Action

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Grant Cardone, the popular social media influencer, real estate investor, and sales trainer, is being sued in a class action lawsuit which alleges that he and his company made false and misleading statements and omitted material facts to investors in relation to Cardone Capital LLC’s public offerings in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC. Cardone Capital, LLC And Cardone Equity Fund V & VI Cardone Capital, LLC markets itself as providing real estate investment opportunities to investors through crowdfunding. The company states that it uses investors’ money to buy properties that generate rental income, which it uses to pay cash distributions to investors.Grant Cardone, the popular social media influencer, real estate entrepreneur, and sales trainer, is being sued in a class action lawsuit which alleges that he and his company made false and misleading statements and omitted material facts to investors in relation to Cardone Capital LLC’s public offerings in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC. Continue reading ›

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Grant Cardone and his investment firm Cardone Capital have come under serious scrutiny this year following revelations about his business model that may lead to losses in Cardone’s real estate “empire” and leaving investors with substantial losses. Cardone Capital, launched in 2017, markets its business model as follows: first, Cardone Capital finds real estate opportunities and negotiates and closes their purchase and financing, second, investors become partners in the real estate projects, third, the properties generate rent, and fourth, the Cardone funds pay cash distributions to investors (see the “How it works?” section of Cardone Capital’s website). Cardone Capital’s website boasts a portfolio of multi-tenant properties across the United States.Grant Cardone and his investment firm Cardone Capital have come under serious scrutiny this year following revelations about his business model that may lead to losses in Cardone’s real estate “empire” and leaving investors with substantial losses.

Cardone Capital, launched in 2017, markets its business model as follows: first, Cardone Capital finds real estate opportunities and negotiates and closes their purchase and financing, second, investors become partners in the real estate projects, third, the properties generate rent, and fourth, the Cardone funds pay cash distributions to investors (see the “How it works?” section of Cardone Capital’s website). Cardone Capital’s website boasts a portfolio of multi-tenant properties across the United States. Continue reading ›

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Cardone Capital, LLC and its CEO Grant Cardone, a social media influencer, author, and real estate investor, are the subject of a class action lawsuit filed on behalf of investors. The lawsuit alleges Cardone and his company made false and misleading statements and omitted material facts related to public offerings of interest in Cardone Equity Fund V and Cardone Equity Fund VI.Cardone Capital, LLC and its CEO Grant Cardone, a social media influencer, author, and real estate investor, are the subject of a class action lawsuit filed on behalf of investors. The lawsuit alleges Cardone and his company made false and misleading statements and omitted material facts related to public offerings of interest in Cardone Equity Fund V and Cardone Equity Fund VI. Continue reading ›

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Silver Law Group is investigating Nano-X Imaging Ltd. (NNOX) on behalf of investors in the company. The investigation concerns whether the company violated federal securities laws. If you have information relating to this investigation and/or investment losses with Nano-X Imaging Ltd. (NNOX), contact Silver Law Group for a no cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com. Nano-X Imaging Ltd. (NNOX) is a company based in Israel that develops and produces X-ray technology for medical imaging. On September 15, 2020, Citron Research released a report with the title “Nano-X (NNOX) A Complete Farce on the Market.” The Citron report described problems with the company, and stated that “this $3 billion company is nothing more than a science project with a simple rendering minimal  R&D, fake customers, no FDA approval, and fraudulent claims that are beyond the realm of possibility.”Silver Law Group is investigating Nano-X Imaging Ltd. (NNOX) on behalf of investors in the company. The investigation concerns whether the company violated federal securities laws.

If you have information relating to this investigation and/or investment losses with Nano-X Imaging Ltd. (NNOX), contact Silver Law Group for a no cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com. Continue reading ›

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Silver Law Group is investigating Nikola Corporation (NKLA) regarding possible securities fraud, and may file a class action on behalf of investors. If you have losses from investing in Nikola Corporation (NKLA) stock, contact Silver Law Group for consultation at no cost at (800) 975-4345 or by email at ssilver@silverlaw.com. Silver Law Group can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. Nikola Accused Of Being A Fraud Nikola Corporation is an American company with plans to produce zero emissions vehicles. The company has gained much attention for its high-flying stock and $12.4 billion market capitalization despite having delivered no vehicles. On September 10, 2020, investment analyst Hindenburg Research published a report on Nikola Corporation entitled ‘Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America’.Silver Law Group is investigating Nikola Corporation (NKLA) regarding possible securities fraud, and may file a class action on behalf of investors.

If you have losses from investing in Nikola Corporation (NKLA) stock, contact Silver Law Group for consultation at no cost at (800) 975-4345 or by email at ssilver@silverlaw.com. Silver Law Group can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. Continue reading ›

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Silver Law Group is investigating Jiayin Group Inc. (JFIN) on behalf of investors in the company regarding whether the company and its officers or directors engaged in securities fraud. If you have losses from investing in Jiayin Group Inc. (JFIN) stock, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com. Jiayin Group Inc. (JFIN), a Chinese company founded in 2011, operates an online financial marketplace that connects borrowers and investors.Silver Law Group is investigating Jiayin Group Inc. (JFIN) on behalf of investors in the company regarding whether the company and its officers or directors engaged in securities fraud.

If you have losses from investing in Jiayin Group Inc. (JFIN) stock, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com.

Jiayin Group Inc. (JFIN), a Chinese company founded in 2011, operates an online financial marketplace that connects borrowers and investors. Continue reading ›

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Blink Charging Company (BLNK) is the subject of a class action lawsuit that has been filed on behalf of investors, alleging securities fraud. Investors may have claims to recover losses. If you have losses from investing in Blink Charging Company (BLNK) stock, contact Silver Law Group for a no-cost consultation toll free at (800) 975-4345 or by email at ssilver@silverlaw.com.  Blink is in the business of electric vehicle charging equipment and services. The complaint for the class action lawsuit alleges that Blink misrepresented and concealed: That many of the company’s electric vehicle (EV) charging stations are damaged, non-functional, or inaccessible. That Blink overstated its partnerships and expansions with other companies. That the growth of the company was overstated.Blink Charging Company (BLNK) is the subject of a class action lawsuit that has been filed on behalf of investors, alleging securities fraud. Investors may have claims to recover losses.

If you have losses from investing in Blink Charging Company (BLNK) stock, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com.

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Silver Law Group is investigating Fennec Pharmaceuticals Inc. (FENC) on behalf of investors who have losses from purchasing the company’s stock. The investigation concerns possible violations of federal securities laws by the company. If you have losses from investing in Fennec Pharmaceuticals (FENC) stock, contact Silver Law Group for a confidential no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com.Silver Law Group is investigating Fennec Pharmaceuticals (FENC) on behalf of investors who have losses from purchasing the company’s stock. The investigation concerns possible violations of federal securities laws by the company.

If you have losses from investing in Fennec Pharmaceuticals Inc. (FENC) stock, contact Silver Law Group for a confidential no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com.  Continue reading ›

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A class action lawsuit has been filed to recover damages for investors in YayYo (YAYO) stock regarding alleged violations of federal securities laws. If you have losses traceable to the YayYo (YAYO) initial public offering (IPO), contact Silver Law Group for a confidential no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com.  A lead plaintiff (class representative) has not been selected and a class has not been certified in this case.A class action lawsuit has been filed to recover damages for investors in YayYo (YAYO) stock regarding alleged violations of federal securities laws.

If you have losses traceable to the YayYo (YAYO) initial public offering (IPO), contact Silver Law Group for a confidential no-cost consultation at (800) 975-4345 or by email at ssilver@silverlaw.com. 

A lead plaintiff (class representative) has not been selected and a class has not been certified in this case. Continue reading ›

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Silver Law Group continues to investigate Dean Vagnozzi, Par Funding, A Better Financial Plan, and others on behalf of investors in what the Securities and Exchange Commission (SEC) says was a $500 million “web of unregistered, fraudulent securities offerings.” Around 1,200 investors were solicited through advertisements and free dinner seminars and promised high returns with little to no risk by investing in a merchant cash advance business.Silver Law Group continues to investigate Dean Vagnozzi, Par Funding, A Better Financial Plan, and others on behalf of investors in what the Securities and Exchange Commission (SEC) says was a $500 million “web of unregistered, fraudulent securities offerings.”

Around 1,200 investors were solicited through advertisements and free dinner seminars and promised high returns with little to no risk by investing in a merchant cash advance business. Continue reading ›

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