Dragon-Click Corp., Dragon Management, LLC, Isaac Grossman and Adriana Grossman Charged by SEC – Goodman & Nekvasil P.A. May Recover Investor Losses
Securities and Exchange Commission Charges Dragon-Click Corp., Dragon Management, LLC, Isaac Grossman and Adriana Grossman
The Securities and Exchange Commission announced it has obtained a court order halting an ongoing fraud involving stock in a South Florida-based company that claimed to be developing a revolutionary internet shopping application and raised more than $2.4 million from at least 26 investors nationwide. The court also approved an emergency asset freeze.
An SEC complaint charges Dragon-Click Corp, its president Isaac Grossman, his wife Adriana Grossman, and her unregistered investment adviser Dragon Management, LLC in connection with an ongoing fraudulent offering of Dragon-Click stock and membership interests in Dragon Partners, LLC. The SEC’s complaint alleges that from September 2014 through the filing of the complaint, Dragon-Click and Isaac Grossman solicited investors to purchase Dragon-Click stock, falsely claiming that investors would make huge profits and their money would be used to pay for the development and marketing of Dragon-Click’s internet shopping application. Instead, according to the complaint, Isaac Grossman and his wife misused at least $1.3 million in investor funds to pay their personal living expenses and to fund their lifestyle, which included funding Isaac Grossman’s gambling habits as well as the purchase of luxury vehicles and jewelry.
According to the complaint, Grossman tells investors Dragon-click is in the business of creating an internet application that locates retailers and provides price-comparisons for any item for which a shopper uploads a photograph (the “Dragon Click Application”). Thus far, according to the complaint, the Defendants have raised more than $2.4 million from at least 26 investors nationwide most of them elderly. According to the complaint, investor funds have continued to be raised until at least April 2018. To lure investors, according to the complaint, Grossman knowingly or recklessly materially misrepresents investment returns and how the Defendants will use investor funds.
Investors in Dragon-Click Corp. and/or Dragon Management LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you purchased your Dragon-Click Corp. and/or Dragon Management, LLC investment from a licensed financial advisor, Goodman & Nekvasil, P.A. can help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has filed hundreds of cases against brokerage firms selling high-risk or fraudulent investments such as Dragon-Click Corp. and/or Dragon Management, LLC and 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. Finally, the filing of such a case should not affect your ownership of your Dragon-Click Corp. and/or Dragon Management, LLC investment.
If you incurred losses on your investment in Dragon-Click Corp. and/or Dragon Management, 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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