Thursday - November 28, 2024
Litigation: SEC Vs. Tort Fund, Tort Fund SPV1, Tort Fund SPV2, Michael Chhabra, Vineet Chhabra
September 07, 2024
WASHINGTON, Sept. 7 -- The Securities and Exchange Commission issued the following litigation release (No. 24-cv-02561; D.D.C. filed Sept. 6, 2024) involving Tort Fund LLC, Tort Fund SPV1 LLC, Tort Fund SPV2 LLC, Michael Chhabra and Vineet Chhabra:

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SEC Charges Litigation Financing Company and its Founders with Fraud

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The Securities and Exchange Commission charged Tort Fund, LLC and its founders, Florida residents Michael V. Chhabra a . . .

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