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    76 lawsuits filed against Evergreen Security brokers

    Seventy-six new lawsuits have been filed by the Bankruptcy Trustee of a fraudulently-run offshore ‘mutual fund’ known as Evergreen Security, which is insolvent by approximately $200 million.
    The actions, which have been filed in Florida, seek to reclaim more than $8.1 million that was allegedly fraudulently transferred by way of commissions to promoters of Evergreen.