Goulden Boy LLC Fund Adviser Charged by SEC | Recover Investment Losses

Goulden Boy LLC Fund Adviser Charged by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses

According to the SEC:  

The Securities and Exchange Commission today announced settled charges against Alexander S. Gould of Menlo Park, California, for misappropriating funds from a private venture capital fund that he advised.

The SEC’s order found that in 2018, Gould, a Silicon Valley venture capitalist and university economics lecturer, misappropriated funds from Goulden Boy LLC, a private venture capital fund that Gould founded and advised. As set forth in the SEC’s order, the amount of money that Gould misappropriated exceeded half of the total capital invested in the fund. According to the order, Gould used the misappropriated funds to repay a debt that he owed to another fund he had managed and to pay for other personal expenses, including travel.

The SEC’s order finds that Gould violated the antifraud provisions of Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. Without admitting or denying the findings in the SEC’s order, Gould agreed to the entry of a cease-and-desist order, an associational bar and investment company prohibition with the right to reapply after five years, and to pay disgorgement of $476,033 plus prejudgment interest and a $200,000 penalty. The Commission also issued an order directing repayment to Goulden Boy’s investors.

The SEC’s investigation was conducted by Ruth Hawley with assistance from the Office of Market Intelligence and supervised by Jeremy Pendrey and Monique C. Winkler of the SEC’s San Francisco Regional Office.

Investors in Goulden Boy LLC May Recover their Losses with Goodman & Nekvasil, P.A.

If you invested in Goulden Boy LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a St. Petersburg, FL law firm with a national practice representing victimized investors, has recovered more than $200 million dollars on behalf of victimized investors.

All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.

There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

If you incurred investment losses with Goulden Boy LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.


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