Kadaae LLC and Ahead of the Game LLC – SEC Files Charges Against Principals | Goodman & Nekvasil P.A. May Recover Investor Losses
According to the SEC Allegations
The Securities and Exchange Commission announced that it filed charges against the Florida-based principals of several music entertainment companies for conducting two multi-million dollar offering frauds and Ponzi schemes.
According to the SEC’s complaint, from January 2015 through March 2017, Andres Fernandez (“Fernandez”) and his companies, Kadaae, LLC and Kadaae Entertainment Corp. (together, “Kadaae”), raised $20.7 million from at least 56 investors through an unregistered offering of securities. Over the same two-year period, the complaint alleges, Edison Denizard (“Denizard”) and his company, Ahead of the Game, LLC, conducted an unregistered offering of securities, raising approximately $10.4 million from at least 78 investors. Defendants allegedly told prospective investors in both offerings that their money would be used to fund music concert events for major artists at large venues across the U.S. In truth, however, only a small portion of investor money was used by Kadaae to produce a handful of concert events. Instead, the complaint asserts that defendants operated Ponzi schemes — using new investor money to pay earlier investors — and each misappropriated more than $1 million in investor money for his own use.
Investors in Kadaae, LLC and/or Ahead of the Game LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Kadaae, LLC and/or Ahead of the Game LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 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 in Kadaae, LLC and/or Ahead of the Game 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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