Matagorda Cove Holdings LLC – Goodman & Nekvasil P.A. May Recover Investor Losses on Conservation Easements
The Department of Justice has alleged that the offering documents and marketing materials for Matagorda Cove Holdings LLC contain false or fraudulent statements, including: (a) that the syndicates would qualify as partnerships for federal tax purposes, and (b) that the customers would be entitled to their pro rata portion of the charitable contribution deduction arising from the conservation easement in proportion to their ownership interests in the syndicates.
The Department of Justice also alleges that investors in Matagorda Cove Holdings LLC remain liable for the unpaid federal tax that they deducted through this investment, and for the interest that has accrued on their unpaid federal tax obligations. The Department of Justice warns that investors in Matagorda Cove Holdings LLC may also be liable for substantial federal tax penalties. Based on the Department of Justice’s allegations, we believe that investors in Matagorda Cove Holdings LLC have incurred substantial losses.
Matagorda Cove Holdings LLC filed a form D to raise capital from investors with the total offering amount sold purportedly $19,345,095 and the minimum amount accepted by any outside investor of $61,413.
Investors in Matagorda Cove Holdings LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Matagorda Cove Holdings 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 invested in Matagorda Cove Holdings 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.