Medsis International Inc. Charged with Fraud by SEC | Recover Investment Losses

Medsis International Inc. Charged with Fraud by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses

According to the SEC: 

The Securities and Exchange Commission today charged Medsis International, Inc., a data software and financial technology company, Joshua Dax Cabrera, Medsis’ CEO, and Paul Hess, an individual who raised investor funds for Medsis, with fraud and conducting an unregistered securities offering.

According to the SEC’s complaint, filed in the United States District Court for the District of Massachusetts, beginning in 2015 and continuing through at least 2020, Hess and Cabrera partnered to fraudulently raise more than $12.9 million from more than 150 U.S. and foreign investors by offering unregistered Medsis securities. The complaint alleges that while offering Medsis securities, Cabrera and Hess made multiple material misrepresentations and misleading statements about Medsis to investors concerning the existence and value of contracts with customers, existing and expected revenue, and business operations. The complaint also alleges that Cabrera and Hess misrepresented to investors their personal use of investor funds.

Investors in Medsis International LLC May Recover their Losses with Goodman & Nekvasil, P.A.

If you invested in Medsis International 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 Medsis International 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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