Goodman & Nekvasil P.A. May Recover Investor Losses – Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc. Charged by SEC
Securities and Exchange Commission Charges Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc.
The Securities and Exchange Commission announced that on May 30, 2018 the United States District Court for the Central District of California entered a preliminary injunction and orders freezing assets and other relief involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court also appointed a permanent receiver over Titanium Blockchain Infrastructure Services Inc., the firm behind the alleged scheme. The preliminary injunction was entered with the consent of the defendants in the action.
The SEC complaint, filed under seal on May 22, 2018, charged that Titanium President Michael Alan Stollery, a/k/a Michael Stollaire, lied about business relationships with the Federal Reserve and dozens of well-known firms, including PayPal, Verizon, Boeing, and The Walt Disney Company. The complaint alleged that Titanium’s website contained fabricated testimonials from corporate customers and that Stollaire publicly – and fraudulently – claimed to have relationships with numerous corporate clients. The complaint alleged that Stollaire promoted the ICO through videos and social media and compared it to investing in “Intel or Google.” The district court granted the SEC’s application for a temporary restraining order and orders freezing assets and other emergency relief on May 23. The complaint and temporary restraining order were unsealed on May 29.
Investors in Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and/or Systems Management, Inc. aka EHI-INSM, Inc. May Recover their Losses with Goodman & Nekvasil, P.A.
If you purchased your Titanium Blockchain Infrastructure Services, Inc. and/or EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc. 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 Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc. 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 Titanium Blockchain Infrastructure Services, Inc. and EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc. investment.
If you incurred losses on your investment in Titanium Blockchain Infrastructure Services, Inc. and/or EHI Internetwork and Systems Management, Inc. aka EHI-INSM, Inc. 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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