A National Securities Arbitration & Investment Fraud Law Firm

Articles Posted in Hedge Funds

|

Silver Law Group is currently investigating claims on behalf of clients who may have suffered losses after investing in Point Bonita Capital. We are also investigating whether Point Bonita Capital made false or misleading statements to investors and potential investors regarding its relationship to auto parts conglomerate First Brands, LLP. Point Bonita Capital is a trade finance-focused hedge fund manager based in New York. Leucadia Asset Management, a subsidiary of Jefferies Financial Group, manages it. The fund invests in private corporate credit, specifically in short-dated receivables, which is a form of factoring where the fund purchases a company's accounts receivable. Jefferies is a 5.9% investor in the Point Bonita fund, according to a company press release. Point Bonita was a primary financier of First Brands, LLP. The fund purchased accounts receivable from First Brand’s clients, such as Walmart, O'Reilly Auto Parts, Auto Zone, and others, and payments would be directed to Point Bonita. In mid-September 2025, the payments to Point Bonita stopped. Amid reports of its off-balance-sheet financing, pledging collateral more than once, and potential liabilities as high as $50 billion, First Brands filed for Chapter 11 bankruptcy on September 28, 2025.Silver Law Group is currently investigating claims on behalf of clients who may have suffered losses after investing in Point Bonita Capital. We are also investigating whether Point Bonita Capital made false or misleading statements to investors and potential investors regarding its relationship to auto parts conglomerate First Brands, LLP. Continue reading ›

|

If you invested in the 352 Capital Fund through Jefferies Financial Group Inc., contact Silver Law Group for a no-cost consultation at 800-975-4353 to discuss your potential options. The U.S. Securities and Exchange Commission has filed indictments for fraud against two individuals over a fraudulent franchise scheme involving water purification vending machines. They were: Ryan Wear, the CEO of WaterStation, and Jordan Chirico, a former Jefferies Financial Group Inc., hedge fund manager charged with fraud for directing nearly $100 million in bonds. These individuals targeted retail investors, including veterans, who have lost over $200 million. The scheme involved selling water vending machines and placing them in areas where purified water was difficult to obtain. The water was sold by the gallon and was allegedly more profitable than other types of vending machines.If you invested in the 352 Capital Fund through Jefferies Financial Group Inc., contact Silver Law Group for a no-cost consultation at 800-975-4353 to discuss your potential options.

The U.S. Securities and Exchange Commission has filed indictments for fraud against two individuals over a fraudulent franchise scheme involving water purification vending machines. They were: Ryan Wear, the CEO of WaterStation, and Jordan Chirico, a former Jefferies Financial Group Inc., hedge fund manager charged with fraud for directing nearly $100 million in bonds. These individuals targeted retail investors, including veterans, who have lost over $200 million. Continue reading ›

|

Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the “352 Fund”), which is a hedge fund that was part of Jefferies Financial Group’s Leucadia Asset Management (“Leucadia”). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly engaging in a series of conflicted transactions at the expense of those who entrusted Leucadia with hundreds of millions of dollars to invest in the 352 Fund. Specifically, in breach of fiduciary duties of loyalty and care owed by Leucadia to 352 Fund investors, Chirico was criminally charged for causing the 352 Fund and its affiliates to pour almost $100 million into an alleged Ponzi scheme masquerading as a water machine company called Water Station Management, LLC (“Water Station”). As the 352 Fund made those investments, Chirico purportedly had secret undisclosed financial stakes in the alleged Ponzi scheme conducted at the expense of the 352 Fund’s investors.  Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the “352 Fund”), which is a hedge fund that was part of Jefferies Financial Group’s Leucadia Asset Management (“Leucadia”). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly engaging in a series of conflicted transactions at the expense of those who entrusted Leucadia with hundreds of millions of dollars to invest in the 352 Fund. Continue reading ›

|

Silver Law Group represents investors with losses caused by fraud at Miami-area hedge funds. Hedge funds are investment partnerships that are not as regulated or transparent as other types of investments. Hedge funds can invest in a wide variety of products that other investment vehicles cannot, which can provide very high returns in some cases. Investors may also suffer significant losses in hedge funds, and their minimal transparency can make it difficult for investors to evaluate them. Miami Known For Hedge Fund Fraud And Other Schemes Miami, Florida has been the home base for many hedge fund fraudsters and Ponzi schemers. It’s been said that fraud is one of Florida’s biggest industries. Silver Law Group helps investors around the country and overseas in recovering investment losses due to fraud, stockbroker misconduct, and other causes. We have an office in New York, but our main office is in south Florida. Scott Silver, Silver Law Group’s managing partner, is a graduate of the University of Miami Law School.Silver Law Group represents investors with losses caused by fraud at Miami-area hedge funds.

Hedge funds are investment partnerships that are not as regulated or transparent as other types of investments. Hedge funds can invest in a wide variety of products that other investment vehicles cannot, which can provide very high returns in some cases. Investors may also suffer significant losses in hedge funds, and their minimal transparency can make it difficult for investors to evaluate them. Continue reading ›

|

Another Miami hedge fund has been accused of fraud by the Securities and Exchange Commission (SEC). On April 23, 2021 the SEC filed a complaint that charges Andrew Franzone and investment adviser FF Fund Management, LLC “with fraudulently raising and misappropriating tens of millions of dollars from the sale of limited partnership interests in a private fund, FF Fund I LP.”Another Miami hedge fund has been accused of fraud by the Securities and Exchange Commission (SEC). On April 23, 2021 the SEC filed a complaint that charges Andrew Franzone and investment adviser FF Fund Management, LLC “with fraudulently raising and misappropriating tens of millions of dollars from the sale of limited partnership interests in a private fund, FF Fund I LP.” Continue reading ›

|

Investment firm Infinity Q Capital Management LLC has halted investor redemptions following the discovery of potentially serious valuation issues. According to a recent article published in the Wall Street Journal, the firm’s Chief Investment Officer has been banned from trading following discovery of potential misconduct relating to valuation of the firm’s net asset value (NAV). The New York City-based firm, which has about $3 billion in assets under management, requested that the Securities and Exchange Commission suspend redemptions. Investors in two of Infinity Q’s funds, Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX) and Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX), have become increasingly concerned after this information was disclosed, as it may reflect serious issues with the value of their investments in Infinity Q’s funds.Investment firm Infinity Q Capital Management LLC has halted investor redemptions following the discovery of potentially serious valuation issues. According to a recent article published in the Wall Street Journal, the firm’s Chief Investment Officer has been banned from trading following discovery of potential misconduct relating to valuation of the firm’s net asset value (NAV). The New York City-based firm, which has about $3 billion in assets under management, requested that the Securities and Exchange Commission suspend redemptions. Continue reading ›

|

Scott Silver, Silver Law Group’s managing partner, was interviewed by the South Florida Business Journal about the lawsuits his firm has filed on behalf of investors in Coral Gables Asset Management, a Miami hedge fund owned by David Coggins that he is alleged to have misappropriated money from. David Coggins told investors and potential investors that he had a successful hedge fund. He backed up his claims with independent auditors reports that showed millions in assets under management and a record of consistently outperforming the market. Now Coggins’ statements are alleged to have been false and misleading, and it appears that he spent hundreds of thousands of investor dollars on BMW car payments, shopping, travel, and his divorce attorney.Scott Silver, Silver Law Group’s managing partner, was interviewed by the South Florida Business Journal about the lawsuits his firm has filed on behalf of investors in Coral Gables Asset Management, a Miami hedge fund owned by David Coggins that he is alleged to have misappropriated money from. Continue reading ›

|

Miami-Based David Coggins Accused of Perpetrating Alleged Securities Fraud Silver Law Group is continuing to investigate and has now filed several lawsuits on behalf of victims of an alleged hedge fund fraud perpetrated by David Coggins, who investors claim operated a bogus hedge fund named Coral Gables Capital, LP and/or Coral Gables Asset Holdings, LP. Coggins managed these “funds” through his company Coral Gables Asset Management, LLC. Coggins has spent the last few years soliciting investments for his hedge fund, which investors now contend was a total fraud through which Coggins stole investors’ funds. Among other things, in Silver Law Group’s pending cases, investors have alleged: Coggins contacted prospective investors by sharing fake marketing materials and performance data which made Coggins’ fund, Coral Gables Capital and/or Coral Gables Asset Holdings, seem as if it was generating substantial returns over the past few years. Coggins even created fake audit reports and a compliance manual intended to dupe investors into believing they were dealing with a legitimate, established hedge fund with millions in assets under management.Miami-Based David Coggins Accused of Perpetrating Alleged Securities Fraud

Silver Law Group is continuing to investigate and has now filed several lawsuits on behalf of victims of an alleged hedge fund fraud perpetrated by David Coggins, who investors claim operated a bogus hedge fund named Coral Gables Capital, LP and/or Coral Gables Asset Holdings, LP. Coggins managed these “funds” through his company Coral Gables Asset Management, LLC. Continue reading ›

|

Silver Law Group represents an investor in potential claims against David Coggins and his Miami-based hedge fund Coral Gables Capital, LP, which Coggins manages through his company Coral Gables Asset Management, LLC. Over the past several years, Coggins has solicited investors for his purported hedge fund. Silver Law Group’s client alleges that the hedge fund was a fraud and that Coggins allegedly used the money for unauthorized purposes.Silver Law Group represents an investor in potential claims against David Coggins and his Miami-based hedge fund Coral Gables Capital, LP, which Coggins manages through his company Coral Gables Asset Management, LLC.

Over the past several years, Coggins has solicited investors for his purported hedge fund. Silver Law Group’s client alleges that the hedge fund was a fraud and that Coggins allegedly used the money for unauthorized purposes. Continue reading ›

|

TCA Management Group, a South Florida-based hedge fund and business lender, is shutting down its main investment fund, stating that clients have asked for more cash than is available. The announcement comes after TCA employees filed an SEC whistleblower complaint alleging that the TCA Fund Management Group’s Global Credit Master Fund, which lends money to distressed companies, has inflated the hedge fund’s earnings and assets since 2017. The Securities and Exchange Commission (SEC) is investigating the company’s accounting practices.TCA Management Group, a South Florida-based hedge fund and business lender, is shutting down its main investment fund, stating that clients have asked for more cash than is available.

The announcement comes after TCA employees filed an SEC whistleblower complaint alleging that the TCA Fund Management Group’s Global Credit Master Fund, which lends money to distressed companies, has inflated the hedge fund’s earnings and assets since 2017. Continue reading ›

Contact Information
Main Office
11780 W Sample Rd
Coral Springs, FL 33065
Phone: (954) 755-4799Fax: (954) 755-4684
New York Office
229 W 36th St 8th Floor
New York, NY 10018
Phone: (212) 377-5227
Florida Office
4755 Technology Way #205
Boca Raton, FL 33431
Phone: (561) 665-8613
ATTORNEY ADVERTISING

Visit our Florida Securities Whistleblower Website

We serve clients nationwide including, but not limited to, those in the following localities: Atlanta, Baltimore, Boston, Chicago, Dallas–Fort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, Tampa–St. Petersburg, and Washington, D.C. View More

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2025, Silver Law Group
JUSTIA Law Firm Blog Design