In March 2017, the SEC filed a First Amended Complaint against Joseph Meli, Matthew Harriton, 875 Holdings, LLC, 127 Holdings, LLC, Advance Entertainment, LLC, and Advance Entertainment II, LLC. The SEC alleged that Joseph Meli, Matthew Harriton, 875 Holdings, LLC, 127 Holdings, LLC, Advance Entertainment, LLC, and Advance Entertainment II, LLC raised more than $97 million for purported investments in ticket reselling enterprises involving high profile events. The SEC alleged further that Joseph Meli, Matthew Harriton, 875 Holdings, LLC, 127 Holdings, LLC, Advance Entertainment, LLC, and Advance Entertainment II, LLC diverted at least $74 million dollars of the more than $97 million raised from investors to perpetuate a Ponzi scheme to enrich themselves and certain family members and others.
Joseph Meli and Steven Simmons were subsequently indicted for operating a Ponzi scheme.
If you made investments in 875 Holdings, LLC, 127 Holdings, LLC, Advance Entertainment, LLC, or Advance Entertainment II, LLC through a licensed financial advisor, we would like to discuss the possibility of you retaining our firm to represent you in an arbitration action against that advisor’s brokerage firm or investment advisor. 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. The filing of such a case will not impact on your ownership of the investment in any way.
Goodman & Nekvasil, P.A. has a unique, unparalleled track record. Kalju Nekvasil, Esq., has not lost a securities arbitration case on the merits in more than 13 years. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
If you invested in 875 Holdings, LLC, 127 Holdings, LLC, Advance Entertainment, LLC, or Advance Entertainment II, 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.