Posts Tagged ‘Direct Lending Investments’
SEC Fraud Charges Against Direct Lending Investments
Publicly available records published by the Securities and Exchange Commission (SEC) on March 25, 2019 indicate that the SEC has filed fraud charges against Direct Lending Investments, LLC, a registered investment adviser, in connection with allegations that the company orchestrated “a multi-year fraud” causing about $11 million in “over-charges of management and performance fees to…
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