
02/03/2025
https://www.silverlaw.com/blog/sec-sues-broad-street-global-management-alleging-it-defrauded-investors-in-1b-fund/
SEC Sues Broad Street Global Management Alleging It Defrauded Investors In $1B Fund
On January 29, 2025 the Securities and Exchange Commission (SEC) sued Broad Street Global Management LLC, alleging that it’s principals “used deceptive schemes and materially false statements to raise…more than $1 billion from over a thousand investors.”
The suit, filed in Florida federal court against Broad Street Global Management (BSG), Broad Street Inc (BSI), and executives Steven Baldassarra, Joseph Baldassarra, and David Feingold, seeks an asset freeze, injunctions, and the appointment of a receiver to stop the alleged ongoing offering fraud.
On January 29, 2025 the Securities and Exchange Commission (SEC) sued Broad Street Global Management LLC, alleging that it’s principals “used deceptive schemes and materially false statements to ...