Investment

Alyeska Master Fund LP et al v. Alta Mesa Resources Inc. et al: Petition

Petition alleging fraud in Alyeska Master Fund LP, Alyeska Master Fund 2 LP, and Alyeska Master Fund 3 LP, all of the Cayman Islands v. Alta Mesa Resources, Inc., James T. Hackett, Thomas J. Walker, William Gutermuth, Jeffrey H. Tepper, Diana J. Walters, Stephen Coats, Harlan H. Chappelle, Michael E. Ellis, Ronald Smith, David M. Leuschen, Pierre F. Lapeyre, Jr., William W. McMullen, Don Dimitrievich, Donald Sinclair, Riverstone Holdings LLC, Bayou City Energy Management, LLC, HPS Investment Partners, LLC, and ARM Energy Holdings LLC at the District Court for Harris County, Texas.

Pierce Robertson et al v. Mark Cuban et al: Class Action Complaint (‘Voyager Digital Crypto Fraud’)

Class Action Complaint alleging fraud involving crypto broker Voyager Digital in Pierce Robertson, Rachel Gold, Sanford Gold, Rahil Sayed, Christopher Ehrentraut, Todd Manganiello, Dan Newsom, William Ayer, Anthony Dorn, Dameco Gates, Marshall Peters, and Edwin Garrison v. Mark Cuban, Dallas Basketball Limited, d.b.a. Dallas Mavericks, and Stephen Ehrlich at the U.S. District Court for the Southern District of Florida.

Manny Alicandro v. Coinbase Global Inc. et al: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint alleging securities fraud in A. Manny Alicandro v. Coinbase Global Inc., which operates a cryptocurrency platform; Brian Armstrong, Alesia J. Haas, Jennifer N. Jones, Marc L. Andreesen, Frederick Ernest Ehrsam III, Kathryn Haun, Kelly Kramer, Gokul Rajaram, Fred Wilson, Emilie Choi, Surojit Chatterjee, AH Capital Management LLC, Paradigm Fund LP, Ribbit Management Company LLC, Tiger Global Management LLC, Union Square Ventures LLC, and Viserion Investment Pte Ltd., of Singapore, at the U.S. District Court for the Southern District of New York.

Kings Wharf Opportunities Fund LP v. Affluence Corp. et al: Complaint

Complaint in Kings Wharf Opportunities Fund LP, of Bermuda, which "invests in the debt and equity securities of microcap publicly traded companies" v. Affluence Corp., of Oak Brook, Illinois, described as a telecom technology and smart cities company focused on 4G and 5G technology", and Registered Agents Inc., of Boulder, Colorado, at the U.S. District Court for the District of Maryland.

Loomis Sayles Trust Company LLC v. Citigroup Global Markets Inc.: Class Action Complaint

Class Action Complaint alleging breach of contract and breach of fiduciary duty against the defendant "for its failure to achieve best execution in connection with trades it executed on March 18, 2022 that resulted in excess of $70 million in damages" in Loomis Sayles Trust Company LLC v. Citigroup Global Markets Inc. at the U.S. District Court for the Southern District of New York.

Vijay Patel v. Coinbase Global Inc. et al: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint alleging fraud in Vijay Patel v. Coinbase Global Inc., described as a provider of "financial infrastructure and technology products and services for the cryptocurrency economy (or "cryptoeconomy") in the U.S. and internationally.Brian Armstrong, and Alesia J. Haas", at the U.S. District Court for the District of New Jersey.

Orbis Global Equity LE Fund et al v. Alta Mesa Resources Inc. et al: Complaint

Complaint alleging securities fraud in Orbis Global Equity LE Fund, of Australia; Orbis Global Equity Fund, of Australia; Orbis Global Balanced Fund, of Australia; Orbis SICAV, of Luxembourg; Orbis Institutional Global Equity L.P., of Delaware; Orbis Global Equity Fund Limited, of Bermuda; Orbis Institutional Funds Limited, of Bermuda; Allan Gray Australia Balanced Fund, of Australia; Orbis OEIC, of England and Wales, and Orbis Institutional U.S. Equity L.P., of Delaware v. Alta Mesa Resources, Inc., James T. Hackett, Thomas J. Walker, William Gutermuth, Jeffrey H. Tepper, Diana J. Walters, Stephen Coats, Harlan H. Chappelle, Michael E. Ellis, Ronald Smith, David M. Leuschen, Pierre F. Lapeyre, Jr., William W. McMullen, Don Dimitrievich, Donald Sinclair, Riverstone Holdings LLC, Bayou City Energy Management, LLC, HPS Investment Partners, LLC, and ARM Energy Holdings LLC at the U.S. District Court for the Southern District of Texas.

Exelcius Prime Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of investment firm Exelcius Prime Ltd. for regulatory breaches.

USA v. 73,586.17 USDT: Forfeiture Complaint (‘Crypto Fraud’)

Forfeiture Complaint in USA v. 73,586.17 USDT (Tether) that are "proceeds of a cryptocurrency fraud scheme" and were seized from an account at Binance cryptocurrency exchange, filed at the U.S. District Court for the District of Massachusetts.

FAB CBO 2003-I BV: €15K Fine

Public Notice by the Luxembourg CSSF that it has imposed a fine of €15,000 on FAB CBO 2003-I B.V., of the Netherlands, for failure to file its 2021 annual report "within the required time limit".

F1Markets Ltd.: €150K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that F1Markets Ltd. has paid €150,000 to settle a regulatory investigation

Oasis Focus Fund LP v. York Capital Management et al: Discovery Application (Cayman Islands Proceedings)

Application by Oasis Focus Fund LP v. York Capital Management, Roberta Lipson, as Trustee for Benjamin Lipson Plafker Trust, Daniel Lipson Plafker Trust, Johnathan Lipson Plafker Trust, Ariel Benjamin Lee Trust, and Lipson 2021 GRAT; Warburg Pincus LLC, and Michael Garrow for use in "an appraisal proceeding" in the Cayman Islands to determine "the fair value of the shares of New Frontier Health Corporation", filed at the U.S. District Court for the Southern District of New York.

SEC v. Vladimir Okhotnikov et al: Complaint (‘$300M Crypto Fraud’)

Complaint alleging a $300 million crypto-based investment fraud involving an "unincorporated entity" in Russia called Forsage in U.S. Securities and Exchange Commission v. Vladimir Okhotnikov, described as a citizen of Russia residing in Tbilisi, Georgia; Jane Doe, a.k.a. Lola Ferrari, who "is believed to be a Russian national residing in Bali, Indonesia"; Mikhail Sergeev, who "is believed to reside in Moscow, Russia; Sergey Maslakov, who "is believed to reside in Gelendzhik or Moscow, Russia"; Samuel D. Ellis, of Kentucky; Mark F. Hamlin, of Virginia; Sarah L. Theissen, of Wisconsin; Carlos L. Martinez, of Chicago, Illinois; Ronald R. Deering, of Idaho; Cheri Beth Bowen, of Mississippi, and Alisha R. Shepperd, of Florida, at the U.S. District Court for the northern District of Illinois.

Tether and Bitfinex Crypto Asset Litigation: Letter Motion (‘Discovery Disputes’)

Letter Motion by plaintiffs regarding a discovery dispute in a case styled as ‘Tether and Bitfinex Crypto Asset Litigation’ in David Leibowitz et al v. iFinex Inc., a.k.a. Bitfinex; DigFinex Inc., BFXNA Inc., BFXWW Inc., Tether International Limited, Tether Operations Limited, Tether Holdings Limited, all of the British Virgin Islands; Tether Limited, of Hong Kong; Ludovicus Jan van der Velde, a citizen of the Netherlands, and Giancarlo Devasini, a citizen of Italy, at the U. S. District Court for the Southern District of New York.

Three Arrows Capital Ltd.: Chapter 15 Recognition Order

Order Granting Chapter 15 Recognition in the matter of Three Arrows Capital Ltd., a British Virgin Islands-domiciled, Singapore-based crypto hedge fund, at the U.S. Bankruptcy Court for the Southern District of New York.

Three Arrows Capital Ltd.: Chapter 15 Hearing Presentation

Chapter 15 Hearing Presentation by Russell Crumples and Christopher Farmer, as the Foreign Representatives of Three Arrows Capital Ltd., a British Virgin Islands-domiciled, Singapore-based crypto hedge fund, at the U.S. Bankruptcy Court for the Southern District of New York.

Kevin Barnes v. Carson Block et al: Summons With Notice (‘$7M Share of $14M Whistleblower Reward’)

Summons With Notice for a claim of $7 million alleging the defendants "refused to compensate" the plaintiff for his work in "exposing ongoing fraud at a company publicly traded on the NASDAQ stock exchange" after defendant Carson Block received "an approximately $14 million whistleblower award" from the SEC in Kevin Barnes v. Carson Block and Muddy Waters LLC at the Supreme Court of the State of New York, County of New York.

Triangleview Investments Ltd.: €50K Fine

Public Notice by the Cyprus Securities and Exchange Commission that Triangleview Investments Ltd. has paid €50,000 to settle a regulatory investigation.

Generali Investments Luxembourg SA: €42.4K Fine

Public Notice by the Luxembourg CSSF that it has imposed a fine of €42,400 on Generali Investments Luxembourg SA, described as an "investment fund manager", for regulatory breaches.

SEC v. Ishan Wahi et al: Complaint (‘Crypto Insider Trading’)

Complaint alleging "insider trading in certain crypto asset securities that Coinbase Global, Inc. announced would be “listed,” or made available to trade, on its crypto asset trading platform" in U.S. Securities and Exchange Commission v. Ishan Wahi, described as a citizen of India residing in Seattle, Washington; Nikhil Wahi, described as a citizen of India residing in Seattle, Washingtnon, and Sameer Ramani, described as a former resident of Houston, Texas currently residing in India, at the U.S. District Court for the Western District of Washington.

Shoreline Venture Partners III LP et al v. DBM Cloud Systems Inc. et al: Complaint

Complaint in Shoreline Venture Partners III LP, SVP III LP Co-Investment Fund LP, Albany Trading Corporation, of the Bahamas; Synapse Venture Capital Inc., of the British Virgin Islands; Sugarille Investment Fund Ltd., of the Bahamas; William Jude McGrath, Graham Seaton, and Gerard Byrne v. DBM Cloud Systems Inc., Nasuni Corporation, and Dixon Doll, Jr. at the Superior Court of the State of California, County of San Mateo.

G.I. Globalinvestment Ltd. et al v. VP Fund Solutions (Luxembourg) SA et al: Judgment (Jurisdiction Challenge)

Judgment dismissing a jurisdiction challenge by VP Fund Solutions' entities in Luxembourg and Liechtenstein in a case in which "some wealthy Italian investors seek to recover losses which they suffered when investments they had made into a fund, which I shall call the Skew Base Fund, plummeted in value at the outset of the COVID pandemic" in G.I. Globalinvestment Ltd., Matteo Cordero di Montezemolo, and Luca Cordero di Montezemolo v. VP Fund Solutions (Luxembourg) SA and VP Fund Solutions (Liechtenstein) AG, as Defendants/Applicants, and XY ERS UK Limited, Skew Base Investments SCA RAIF, Skew Base Sàrl, Twinkle Capital SA, Daniele Migani, Federico Faleschini, Leader Logic Holding AG, and Leader Logic AG, as Defendants, at the High Court of Justice for England and Wales.

FourWorld Event Opportunities LP et al v. Fenwick & West LLP et al: Discovery Application (Cayman Islands Proceedings)

Application by FourWorld Event Opportunities LP, of New york, and Genesis Emerging Markets Investment Company, of Guernsey, in the Channel Islands, to take discovery from Fenwick & West LLP and Morrow Sodali International LLC for use in legal proceedings in the Cayman Islands regarding "the fair value of the shares of the company 58.com", described as "China’s largest online classifieds business", filed at the U.S. District Court for the Southern District of New York.

405 ACM Ltd. et al v. 51job Inc.: ‘Fair Value’ Petition

Petition to determine the fair value of shares in 51job Inc., described as "a leading provider of integrated human resource services in The People's Republic of China" in 405 ACM Ltd., 405 ACM Global Opportunities Fund, Alpine Partners (BVI) L.P., Athos Asia Event Driven Master Fund, BMSF Sub LP, Boothbay Absolute Return Strategies LP, Boothbay Diversified Alpha Master Fund LP, Church Murray Fund LLC, Corbin ERISA Opportunity Fund Ltd., FMAP AGL Limited, FourWorld Event Opportunities LP, FourWorld Special Opportunities Fund LLC, FourWorld Global Opportunities Fund Ltd., FourWorld Global Strategic Opportunities Fund I LLC, FW Deep Value Opportunities Fund I LLC, Integrated Core Strategies (US) LLC, KL Special Opportunities Master Fund Ltd., Palliser Capital Master Fund Ltd., Pinehurst Partners L.P., Quadre Investments L.P., and QVT Family Office Fund LP at the Grand Court of the Cayman Islands.

51job Inc.: ‘Fair Value’ Petition

Petition to determine the fair value of shares held by "dissenting shareholders" in the Cayman Islands, England, and the USA, in the matter of 51job Inc., described as "a leading provider of integrated human resource services in the People's Republic of China", at the Grand Court of the Cayman Islands.

The Family (Global Godfathers) SPC v. Oussama Ammar et al: Contempt Order

Contempt Order imposing fines totaling CI$150,000 on the Respondents in The Family (Global Godfathers) SPC, on its own behalf and on behalf of The Family (Freya) SP and The Family (Odin) SP v. Oussama Ammar, of Paris, France; Fabuleo Limited, of Hong Kong, and Aletheis, The First Limited, of Hong Kong, at the Grand Court of the Cayman Islands.

Pharos Fund SPC: Directors

Director Details for Pharos Fund SPC, obtained from the Cayman Islands General Registry on July 14th, 2022.

Taylor Goines v. Celsius Network LLC et al: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint alleging fraud against "a financial services company that generates revenue through cryptocurrency trading, lending, and borrowing, the sale of its unregistered securities, as well as engaging in proprietary trading" in Taylor Goines v. Celsius Network LLC, Celsius Lending LLC, Celsius KeyFi LLC, Alexander Mashinsky, Shlomi Daniel Leon, David Barse, and Alan Jeffrey Carr at the U.S. District Court for the District of New Jersey.

Blue Ocean Structure Investment Company Ltd. v. Simrit Pamar: Discovery Application (Cayman Islands Proceedings)

Application by Blue Ocean Structure Investment Company Ltd. to take discovery from Simrit Pamar, ROCELO LLC, and Cellenkos Inc. for use in legal proceedings in the Cayman Islands involving Global Cord Blood Corporation, described as a Cayman Islands-domiciled, Hong Kong-based, New York Stock Exchange-listed company whose "main business is the storage of umbilical cord blood stem cells, principally in the People’s Republic of China", filed at the U.S. District Court for the Southern District of Texas.