Navin: What are you recommending for conservative investors? By clicking Sign up, you agree to receive marketing emails from Insider Or, you know, anywhere, really. On February 1, 2022, creditors ex parte application for order assigning right to payment was denied. The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. low income communities, small businesses). For the foregoing reasons, the motion is DENIED. BEN CECCHINI, ET AL. McDonald, who faces up to 20 years imprisonment if convicted, is believed to be in hiding, the U.S. Attorneys office said in a news release. at 3.) Los Angeles Financial Services Companies. Having denied the Motion for Assignment, the Court finds no exigency, irreparable harm, or immediate danger that would justify the need to address Bunnells request for relief on an ex parte basis. . brookstone therapeutic percussion massager with lcd screen; do nigel and jennifer whalley still own albury park Hercules and the various insureds settled claims for $1,450,000, which was directed by Hercules to be paid into a separate account maintained by BNSK and distributed at Hercules direction for (1) defense costs relating to claims by investors against Hercules for losses sustained as a result of Hercules investment strategies and/or (2) to pay claims by various investors relating to losses by such investors as established by the Settlement Agreement. (Brown Decl. The case status is Other. My intensity and competitiveness on the field is what makes me extremely effective as an investment manager. . According to McDonalds former romantic partner and business associate, D.J., after the SEC subpoenaed records from Hercules and subpoenaed McDonald for testimony, McDonald told D.J. According to Chowthi, D.J. Plaintiff Semyon Ginzburgs Motion to Compel Compliance with Subpoena is DENIED. CEVA Logistics. Los Angeles, California 90012. Neither seems likely, which perhaps explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute. All e-mails, letters, notices, or any other communication between Ethan Brown and any representative or lawyer for Ascot. Plaintiff contends that the requested documents are pertinent to the efforts to collection on the judgment, including ascertaining available insurance and concerning the assets of judgment debtors Hercules Investments, LLC and James McDonald that are being held, obstructed, or concealed by third parties. This is the best and simplest approach, but these securities should not be traded by novice investors. McDonald graduated from Harvard University with a Bachelors degree in Economics. Markets have always crashed in the weeks and months following 52-week highs, and it could take only a change in sentiment to trigger a large sell-off, the investment chief said. [email protected] are slashing up to 20% of their workforce. 4.). Hercules Investments CEO and CIO James McDonald offers his advice to the next generation of Black Americans. (See Hood v. Gonzales (2019) 43 Cal.App.5th 57, 71 [interpleader is an equitable proceeding where the conflicting claims regarding the interpleaded funds are resolved]. Third, although creditor incurred fees defending against proposed intervenor Justin Bunnells efforts to vacate the stipulated judgment, these fees are not related to the collection of judgment against debtors. The SEC's complaint alleges that McDonald raised over $3.6 million from investors between May 2019 and October 2021 for the stated purpose of trading securities through an investment vehicle called the Index Strategy Advisors Fund, and that McDonald used less than half those funds for trading and did not engage in any trading with the funds for long stretches of time. That seems not to be a proper basis for intervention under CCP 387, and Bunnell cites no meaningful authority for the proposition that he may intervene in an action for the limited purposes of participating in post-judgment proceedings or seeking to undermine the judgment already entered. Please try again. That is fatal. James McDonald, CEO at Los Angeles-based alternative investment manager Hercules Investments has a trade which would profit from the stock market dropping back to March lows. (See Ex Parte App. Ironically, however, pertinent information about any right to payment comes not from the moving party, but from the response to the motion by Ethan J. To begin with, plaintiff Semyon Ginzburg fails to sufficiently demonstrate that, for purposes of assignment, there are any monies due or to become due to the judgment creditor defendants. Hercules Investments is the largest index options trader on the CBOE, according to James McDonald, who founded the firm in 2019. . McDonald an avid football enthusiast stated that he planned to launch a publicly traded mutual fund under the ticker symbol NFLHX. The losses to Hercules clients and the potential for litigation related to those losses jeopardized the success of that fund because any litigation would have had to be publicly disclosed. Navin: If you could ask Jerome Powell a question what would it be? 4.) Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Updated -- James A. McDonald, Jr. (Defendant): Name Suffix changed from JR. to Jr. Produce all communications (including e-mails, text messages, or messages from any messaging service) between James McDonald and Justin Bunnell. And the best part of all, documents in their CrowdSourced Library are FREE! (Lindemann Decl. In accordance with subsection (c)(2) of CCP 708.510, the Court considers [p]ayments the judgment debtor is required to make when determining whether to order an assignment or the amount of an assignment. Plaintiff acknowledges that there are apparently, other claims to the $1.45 million and against defendants. In a recent note to clients, McDonald, who profited from the pandemic crash in March with bullish wagers on stock-market volatility, laid out three reasons the market is especially vulnerable to such a swift downturn right now. James graduated from Harvard . (Brown Decl. James is the co-author of How To Invest In Bitcoin By Two Harvard Minds. Hes a graduate of Harvard University with a B.A. In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting "a risky short position" based . McDonald: If you mean beating as in performing better in terms of absolute returns, then the answer is never. Fri, Feb 12 20212:08 PM EST RELATED 00:00 James McDonald's advice to the. McDonald: I would ask him whether he believes that the Fed was successful in bolstering the economic stability of the people who needed it most (i.e. 2, 5 & Ex. Technology innovations are too powerful. Instead, the SEC alleges, McDonald misappropriated more than $1 million of the funds for personal expenses, including luxury vehicles and paying rent on his home, and misappropriated more than $2 million of the funds for Ponzi-like payments, payments to his Hercules' investment adviser clients and expenses associated with operating Hercules. James Macdonald will celebrate 62nd birthday on a Tuesday 4th of October 2022. 633 W 5th Street, Los Angeles, CA 90071 According to the complaint, McDonald also appears to have terminated his previous phone and email accounts and told one person that he planned to vanish.. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. 1718 Harriman Ln Redondo Beach, CA 90278 . However, the motion was not properly served. And, also, relatedly and with the prospect of decades in prison attach, conspiracy and fraud. My investigation has revealed that McDonalds fraudulent capital raise is part of a broader pattern of deceptive conduct, which includes the creation of false account statements for ISA clients, his ongoing misrepresentation to clients that ISA was a registered investment adviser even after he had terminated its registration, and even misleading statements about his educational background, according toFBI Special Agent Robert Chowthi, according to the criminal complaint. While Browns response to the motion may add clarity as to what plaintiff here seeks, it does not bring plaintiff any closer to obtaining it through via assignment pursuant to CCP 708.510. This item can be returned in its original condition for a full refund or replacement within 30 days of receipt. According to the DOJ, McDonalds troubles began after taking risky short positions in 2020, betting that the U.S. economy, and the stock market,would crater due to the COVID-19 pandemic and the 2020 presidential election. McDonald was the CEO of Los Angeles County-based Hercules Investments and Index Strategy Advisors Inc., prosecutors said. When the market decline didnt occur, Hercules clients lost between $30 million and $40 million, according to the affidavit. Location South Ozone Park, New York, United States Work Chief Executive Officer @ Hercules Investments Chief Executive Officer and Chief Investment Officer @ Index Strategy Advisors (Reply at 3.) HERCULES INVESTMENTS, LLC, ET AL. Produce all communications (including e-mails, text messages, or messages from any messaging service) between Ethan Brown and Justin Bunnell. Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses [press release]He appeared as a financial expert on TV. The SEC further alleges that, from February 2021 to October 2021, McDonald raised $1.5 million through the sale of equity investments in Hercules's business. Curtis A. Kineffective 06/14/2021; Reason: Inventory Transfer 06/14/2021 Help others learn more about this product by uploading a video! On 11/16/2021 HERCULES INVESTMENTS, LLC, filed a Contract - Business lawsuit against DANNY MICHAEL CORRAL,. McDonald projected that the COVID-19 pandemic and the election would result in major selloffs that would cause the stock market to drop. According to an affidavit filed with the complaint, McDonald frequently appeared as an analyst on the CNBC financial TV news network and was the CEO and chief investment officer of two companies: Hercules Investments LLC, based in downtown Los Angeles, and Index Strategy Advisors Inc. (ISA), based in Redondo Beach. Why? When do you expect value stocks to take the lead again, if ever? Accounting and Auditing Enforcement Releases. Responsible for all Global Security Operations including loss prevention, investigations, emerging technology . He recommended investors have exposure to volatility instruments, which can offset losses in core holdings if markets fall. Proposed Intervenor Justin Bunnells Motion for an Order Granting Leave to Intervene is DENIED. McDonald was the CEO and chief investment officer for two registered companies; Hercules Investments, based in Los Angeles, and Index Strategy Advisors, which was based in Redondo Beach. Your activity looks suspicious to us. 5 & Ex. Miraculously in 2006, I found an orthopedic surgeon who fixed my knee and I got back on the field at the age of 35. 2-3, 5 & Ex. And, now that you, the Justice Department and the SEC mention it, a lot of his stories sound a bit hard to believe. Work Biography for James McDonald, Hercules Investments. Registered in England and Wales. Search our database of over 100 million company and executive profiles. To add the following enhancements to your purchase, choose a different seller. As soon as we found out he was under investigation, we no longer allowed him on our air, said a CNBC spokesperson. McDonald falsely represented to the non-client investor group that its funds would be used to expand Hercules's business . Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC, a Los Angeles-based Registered Investment Advisor.Hercules applies quantitative research to design and actively manage portfolios for investors seeking maximum growth during up or down-market cycles. A nonparty shall petition the court for leave to intervene by noticed motion or ex parte application. McDonald: You have to follow the money. Then its fine. Please use a different way to share. The SECfiled a civil complaint today charging McDonald and Hercules with violations of federal securities law. Alternatively, for those willing to accept risk? *Free 10 Piece Chicken McNuggets valid 1x thru 2/28/22 for first time app users at participating McDonald's. We'll be covering the markets, what stocks to look out for and more! James Arthur McDonald Jr. faces as much as 20 years in federal prison, according to the Justice Department, which filed the charges in California federal court this week. Proposed Intervenor Justin Bunnells Ex Parte Application for an Order Granting Leave to Intervene or, in the Alternative, for an Order Advancing the March 10, 2022 Hearing Date on Justin Bunnells Pending Noticed Motion for an Order Granting Leave to Intervene is DENIED. The Dow Jones industrial average could drop to as low as 15,000, a roughly 50% drop from current levels, he added. Official websites use .gov (See CCP 685.080(b).) James McDonald, Hercules Investments James McDonald founded his most recent company, Hercules Investments , in 2019 after spending about two decades in the finance industry. woke up and found that McDonald was gone, leaving his car (with the keys inside) in D.J.s driveway. After transferring to and graduating from Harvard, I set a career path with a firm intent to make a positive meaningful impact in the industry and personally to culminate my business career with the purchase of an NFL team for myself. Explore our venture lending portfolio here. He last appeared on the network in July 2021. But my excellence at trading didnt happen overnight. THE NAMES "Hercules Investments" AND "Hercules Fund". Lists Featuring This Company. How to say james mcdonald in English? Shipping cost, delivery date, and order total (including tax) shown at checkout. To stop this, we will need to lock down the economy again and this will inevitably trigger the beginning of a recession. (*******9709). Led the design, development, and rollout of investment management, financial planning, and lending standards and practices to the bank's High Net Worth clients. SEMYON GINZBURG VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. In a parallel action, the United States Attorney's Office for the Central District of California announced criminal charges against McDonald. Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them.Learn more how customers reviews work on Amazon, [{"displayPrice":"$35.00","priceAmount":35.00,"currencySymbol":"$","integerValue":"35","decimalSeparator":".","fractionalValue":"00","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"pjKvPbaCzTFGz7tm%2F4plpNBIHaGsThf1FzF2RcINGAblEr2D%2BPhusKDR7sd54ZbiPtyEWzdH%2BRY9V0EgvA2dziukOK7HD1nO6KVW%2F23KTXYaw7l%2BpJAbpdYHQjsWc0qrKCFg5%2FoCSEsG%2FTMsMfFffg%3D%3D","locale":"en-US","buyingOptionType":"NEW"},{"displayPrice":"$35.00","priceAmount":35.00,"currencySymbol":"$","integerValue":"35","decimalSeparator":".","fractionalValue":"00","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":null,"locale":"en-US","buyingOptionType":"PICKUP"}]. Hercules Investments Location 633 W 5th St Ste 6770, Los Angeles, California, 90071, United States Description Read More Industry Finance General Finance Case Number: *******9709 Hearing Date: February 15, 2022 Dept: 72. . 6,971 Number of Organizations $13.3B Total Funding Amount 1,202 Number of Investors. According to the complaint, McDonald falsely represented that investor funds would be used to expand Hercules's business, lied about the firm's financial condition, and failed to disclose that he had promised Hercules clients that the firm would repay earlier losses. Curtis A. Kineffective 06/14/2021; Reason: Inventory Transfer, Notice of Case Reassignment; Filed by: Semyon Ginzburg (Plaintiff); As to: HERCULES INVESTMENTS, LLC, a California limited liability company (Defendant); James A. McDonald, JR. (Defendant), Notice of Case Reassignment and Order for Plaintiff to Give Notice; Filed by: Clerk, Case assigned to Hon. Assistant United States Attorneys Carolyn S. Small and Alexander B. Schwab of the Major Frauds Section are prosecuting this case. The SEC noted that McDonald was previously a guest commentator for CNBC -. McDonald said recent valuations in the technology sector exceeded levels in the days and weeks before the major market crashes of 1929, 1987, 2001, and 2008. Track. The perceived future harm of the new COVID-19 strain in the UK will introduce additional risk to markets, according to McDonald. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. James McDonald, CEO of Hercules Investments, told Yahoo Finance's "The First Trade" that the president and his advisors so far have paid close attention . DocketUpdated -- James A. McDonald, Jr. (Defendant): Name Suffix changed from JR. to Jr. DocketUpdated -- Hercules Investments, LLC (Defendant): Organization Name changed from HERCULES INVESTMENTS, LLC, a California limited liability company to Hercules Investments, LLC, DocketCase reassigned to Stanley Mosk Courthouse in Department 72 - Hon. 2021-11-16, Los Angeles County Superior Courts | Property | Our payment security system encrypts your information during transmission. Notice of Change of Address or Other Contact Information; Filed by: Semyon Ginzburg (Plaintiff), Updated -- Motion for Order AWARDING POST-JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT: Filed By: Semyon Ginzburg (Plaintiff); Result: Denied; Result Date: 10/11/2022, Notice OF WITHDRAWAL OF MOTION FOR AN ORDER AWARDING POSTJUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT; Filed by: Semyon Ginzburg (Plaintiff), Memorandum of Costs After Judgment, Acknowledgment of Credit, and Declaration of Accrued Interest; Filed by: Semyon Ginzburg (Plaintiff); As to: Hercules Investments, LLC (Defendant); James A. McDonald, Jr. (Defendant); Interest: 61846.47; Service Date: 10/11/2022, Minute Order (Hearing on Motion for Order MOTION FOR AN ORDER AWARDING POST), Certificate of Mailing for (Hearing on Motion for Order MOTION FOR AN ORDER AWARDING POST) of 10/11/2022; Filed by: Clerk, Hearing on Motion for Order MOTION FOR AN ORDER AWARDING POST-JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT scheduled for 10/11/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 72 updated: Result Date to 10/11/2022; Result Type to Held, Request for Refund of Reporter Appeal Transcript Deposit Affidavits attached NA4/29/22; Filed by: Clerk, Updated -- Amended Declaration OF BLAKE J. LINDEMANN IN SUPPORT OF MOTION FOR AN ORDER AWARDING POST- JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT: As To Parties: removed, Motion for Order AWARDING POST-JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT; Filed by: Semyon Ginzburg (Plaintiff). Houston, Texas, United States. A complaint contains allegations that a defendant has committed a crime. A locked padlock ET by Tomi Kilgore. Pursuant to CCP 685.040, paragraph 13 of the stipulated judgment, and CCP 1033.5(10)(A), creditor Ginzburg is entitled to the reasonable and necessary costs of enforcing a judgment. James McDonald works as a Chief Executive Officer at Hercules Investments, which is a Finance company with an estimated 6 employees; and founded in 2019. But some clients discovered Hercules plight, and confronted McDonald on a phone call in March 2021, while McDonald continued to send ISA clients false account statements, according to Chowthis complaint. Hercules Investments is the firm I founded solely to achieve these goals. (Lindemann Decl. The best way to follow the money is to identify advancers versus decliners across as many industries, sub-sectors, regions, and asset classes as possible. Includes initial monthly payment and selected options. Since McDonalds compensation for his investment advisory services primarily was based on a percentage of assets under his management typically 2% of a clients total assets held by Hercules the massive losses to Hercules clients significantly decreased the fees McDonald was entitled to collect. A frequent lecturer and conference speaker, he is a nationally-recognized expert on the topics of macroeconomics, event-driven investing, growth investing, portfolio construction, index investing, exchange-traded funds, digital currencies, and index . On May 3, 2022, creditors motion to compel compliance with subpoena was denied. TIMOTHY Z. MOSLEY, ET AL. James McDonald went from being CNBC market pundit, media darling and self-proclaimed options guru to a fugitive in hiding and on the run. LOS ANGELES A former San Gabriel Valley resident who ran Los Angeles County-based investment companies and was a frequent guest on financial television news programs was charged today in a federal criminal complaint alleging he lied to investors. Notice of Change of Address or Other Contact Information, Certificate of Mailing for - CERTIFICATE OF MAILING FOR (HEARING ON MOTION FOR ORDER MOTION FOR AN ORDER AWARDING POST) OF 10/11/2022, Memorandum of Costs After Judgment, Acknowledgment of Credit, and Declaration of Accrued Interest, Notice - NOTICE OF WITHDRAWAL OF MOTION FOR AN ORDER AWARDING POSTJUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT, Minute Order - MINUTE ORDER (HEARING ON MOTION FOR ORDER MOTION FOR AN ORDER AWARDING POST), Declaration - DECLARATION OF BLAKE J. LINDEMANN IN SUPPORT OF MOTION FOR AN ORDER AWARDING POST- JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT, Declaration - DECLARATION OF BLAKE J. LINDEMANN IN SUPPORT OF MOTION FOR AN ORDER AWARDING POST JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT, Motion for Order - MOTION FOR ORDER AWARDING POST-JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT, Declaration - DECLARATION OF SEMYON GINZBURG IN SUPPORT OF MOTION FOR AN ORDER AWARDING POST-JUDGMENT COSTS AND ATTORNEYS FEES INCURRED IN ENFORCING JUDGMENT, Appeal - Notice Court Reporter to Prepare Appeal Transcript - APPEAL - NOTICE COURT REPORTER TO PREPARE APPEAL TRANSCRIPT NOA 4/29/22 B321138, Appeal - Ntc Designating Record of Appeal APP-003/010/103, Notice of Filing of Notice of Appeal (Unlimited Civil) - NOTICE OF FILING OF NOTICE OF APPEAL (UNLIMITED CIVIL) 614, Appeal - Notice of Appeal/Cross Appeal Filed, Minute Order - MINUTE ORDER (HEARING ON MOTION TO COMPEL COMPLIANCE WITH SUBPOENA IN AID O), Reply - REPLY PLAINTIFFS REPLY IN FURTHER SUPPORT OF MOTION TO COMPEL COMPLIANCE WITH SUBPOENA IN AID OF ENFORCEMENT OF JUDGMENT AND ENTRY OF PROTECTIVE ORDER TO ALLOW PRODUCTION OF ANY DOCUMENTS THAT. No, Brent Kovars mother didnt have an artificial intelligence supercomputer in her basement, the SEC says. James Zell McDonald (born March 29, 1961) is a former American football tight end in the National Football League. Investors should let a professional handle putting these trades on. mike vernon royal household; are there snakes in gran canaria; shooting in laurel, md yesterday. Clients began asking Hercules employees about losses in their accounts, and since McDonalds compensation primarily was based on a percentage of his clients assets (typically around 2% ofAUM at Hercules), thelosses meant steep declines in McDonalds own earnings, according to the DOJ. options. Read more about Hercules Capital's Fourth Quarter and Full-Year 2022 Results Life Sciences Technology SaaS Finance Sustainable + Renewable The complaint also charges McDonald with violating Section 206(4) of the Advisers Act and Rule 206(4)-8 thereunder, which prohibit certain transactions by investment advisers. Anyone with information about McDonalds whereabouts is encouraged to call the FBIs Los Angeles Field Office at (310) 477-6565. Does he seek to join in plaintiffs claims against the defendants through the filing of a complaint in intervention? LOUI RUDAS, ET AL. Now he's wanted on fraud charges. On its face, the number of hours appears to be without merit. James McDonald has been working as a Chief Executive Officer at Hercules Investments for 3 years. When investors DONT want to own an asset, they are willing to lower their price to sell it, causing markets to fall. - The dangers of too much fiscal and monetary stimulus You can lose money trading or investing in stocks and other instruments. As stated in his opening brief, proposed intervenor admits to this Court that Bunnell seeks only to only [sic] oppose the Assignment Motion (Bunnell Mem. A mere 5% allocation to its ITM call options would have sufficed for protection for an entire portfolio. Second, the Court file reflects that the motions which creditor filed have been unsuccessful. 3.) I became obsessed with making my own history through innovative use of a financial product. Because in addition to unemployed, he can also now call himself whistleblower.. XOM McDonald will discuss why investors should be prepared for a looming 2021 stock market crash, after an unprecedented stock market surge since the March 2020 Covid-19-driven stock market lows. If you're an investor, you'd want to look much deeper into each of these situations. ) or https:// means youve safely connected to the .gov website. CCP 685.080(b) states: The notice of motion shall be served on the judgment debtor. James McDonald - Latest News and breaking headlines - Benzinga Contribute SPY 412.68 0.04% QQQ 306.75 0.74% BTC/USD 22088.42 1.612% DIA 341.15 0.41% GLD 172.58 0.06% TLT 104.02 0.23% James. Even large-cap companies such as Disney and Exxon-Mobil This is the story of the James McDonald and the rise and fall of Hercules Investments. BROWN NERI SMITH & KHAN LLP, A LIMITED LIABILITY PARTNERSHIP, AND LAW FIRM VS JAMES A. MCDONALD, ET AL. that a third person has possession or control of property in which the judgment debtor has an interest or is indebted to the judgment debtor in an amount exceeding two hundred fifty dollars ($250), the court shall make an order directing the third person to appear before the court, or before a referee appointed by the court, at a time and place specified in the order, to answer concerning such property or debt]. Number 3 is the presidential election. ), Under CCP 708.120, the examination of a third party in a postjudgment proceeding is limited to exploring the third partys possession of the judgment debtors property or any debt owed the judgment debtor. (Fox Johns Lazar Pekin & Wexler, APC v. Superior Court (2013) 219 Cal.App.4th 1210, 1222; see also CCP 708.120(a) [Upon . For all the foregoing reasons, the motion is DENIED. Some property owners may prefer this information be james mcdonald hercules investments net worth confidential, we are licensed to display information. Or before an SEC investigator. Access your favorite topics in a personalized feed while you're on the go. "As we see now, eventually reality strikes and changes things overnight. Attempting to bolster that showing, plaintiffs counsel states in a supplemental declaration that there is a gross settlement fund consist[ing] of $1,450,000 that is being held by Ethan Brown (Lindemann Supp. Firm Details for HERCULES INVESTMENTS, Location: California, AUM = 33200000.00, Last Form ADV Filed : 16-June-2021, Officers: MCDONALD, JAMES, ARTHUR, MCDONALD . James M Macdonald is Pres:Workplace Investing at Fidelity Investments. Cancellation and Refund Policy, Privacy Policy, and That's especially true since recent progress on vaccines led many investors to expect a smooth return to normal life following their rollout, he said. U.S. Attorney's Office, Central District of California, Environmental Crimes and Community Safety, Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses, Carson Man Sentenced to More Than 11 Years in Prison for Role in International Conspiracy to Launder Money Taken from Fraud Victims, Former MoviePass Executive Arrested on Indictment Alleging He Embezzled $260,000 from Employer to Repay Coachella Debt, Irvine Man Sentenced to 4 Years in Federal Prison for Fraudulently Obtaining $5 Million in COVID Loans He Spent on Sports Cars, Arcadia Man Charged With Securities Fraud For Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses. He played for the Los Angeles Rams and Detroit Lions. Decl. Brown, whose firm used to represent defendants on other matters seemingly related to this litigation but never actually appeared on behalf of defendants in this case. The supplemental declaration also attaches the referenced Settlement Agreement, but paragraph 5 of that agreement merely states: Defendants will give notice of this settlement to their E&O carrier. (Lindemann Supp. Second, between February and October 2021, McDonald offered and sold equity investments in Hercules itself, raising $1.5 million from two types of investors: one non-client group and two existing individual Hercules clients. When the market continued to climb in 2021, McDonalds clients at Hercules lost between $30 and $40 million, according to the complaint. 4; Brown Supp. From what we see, there is still a clear disconnect between markets and the health of the economy. , and law firm VS james A. McDonald, who founded the firm in 2019. terms of returns. 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Or messages from any messaging service ) between Ethan Brown and any representative lawyer... 62Nd birthday on a Tuesday 4th of October 2022 Angeles Rams and Detroit Lions 2021-11-16, Los Rams... Intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute Hercules! Sell it, causing markets to fall University with a Bachelors degree in Economics and., documents in their CrowdSourced Library are FREE in intervention charges against McDonald Hercules! ; Reason: Inventory Transfer 06/14/2021 Help others learn more about this product uploading. Mcdonald ( born March 29, 1961 ) is a former American football tight end in the UK introduce. Much deeper into each of these situations. 29, 1961 ) is a former football. California announced criminal charges against McDonald hiding and on the run much deeper into each of these situations. do... Will need to lock down the economy 3, 2022, creditors motion to Compel with! Handle putting these trades on Investments for 3 years, relatedly and james mcdonald hercules investments bio the keys inside in! Is Pres: Workplace investing at Fidelity Investments motion is DENIED even large-cap companies such as and! Slashing up to 20 years imprisonment if convicted, is believed to be in hiding and the! Clear disconnect between markets and the best part of all, documents in their CrowdSourced are. Who faces up to 20 years imprisonment if convicted, is believed to be in hiding and on the,... Field is what makes me extremely effective as an investment manager May prefer information... Things overnight a defendant has committed a crime allowed him on our air, said a CNBC.. $ 1.45 million and against defendants County Superior Courts | Property | our payment Security system encrypts your information transmission. And falling stock markets, delivery date, and order total ( including tax ) shown at checkout others. Crowdsourced Library are FREE ) in D.J.s driveway from Insider or, you james mcdonald hercules investments bio to receive marketing from! Attorneys Carolyn S. Small and Alexander B. Schwab of the major Frauds Section are prosecuting this case expect stocks! To display information large-cap companies such as Disney and Exxon-Mobil this is the firm I founded solely achieve! Call the FBIs Los Angeles County Superior Courts | Property | our payment Security encrypts... Part of all, documents in their CrowdSourced Library are FREE to stop this, we are to... Own history through innovative use of a complaint in intervention as required by.... Owners May prefer this information be james McDonald went from being CNBC market,. And with the prospect of decades in prison attach, conspiracy and fraud Brown NERI SMITH & KHAN LLP a! A recession markets fall @ usdoj.gov are slashing up to 20 % of their workforce &. Markets, according to McDonald M Macdonald is Pres: Workplace investing at Fidelity Investments have exposure to instruments! 3, 2022, creditors motion to Compel Compliance with Subpoena is DENIED SEC noted that McDonald was the of. For order assigning right to payment was DENIED prosecutors said with a B.A by a... Appears to be in hiding and on the judgment debtor a Tuesday 4th October! There are apparently, other claims to the affidavit when do you expect stocks! Is encouraged to call the FBIs Los Angeles County-based Hercules Investments CEO and CIO james McDonald and Hercules with of... The economy again and this will inevitably trigger the beginning of a financial product my own history through use. Courts | Property | our payment Security system encrypts your information during transmission you can lose money trading or in... Market pundit, media darling and self-proclaimed options guru to a fugitive in,... The economy specializes in actively managed and systematic investment strategies to monetize investment performance equity... A mere 5 % allocation to its ITM call options would have sufficed protection... Are you recommending for conservative investors equity market volatility much fiscal and monetary stimulus can. To its ITM call options would have sufficed for protection for an order Granting Leave to Intervene by noticed or. Recommending for conservative investors markets, according to the.gov website stocks take... Disney and Exxon-Mobil this is the firm I founded solely to achieve these goals ) 477-6565 best part of,! Want to own an asset, they are willing to lower their price to sell it, causing markets fall. Woke up and found that McDonald was gone, leaving his car ( with prospect! Falling stock markets the perceived future harm of the james McDonald, AL! Transfer 06/14/2021 Help others learn more about this product by uploading a video competitiveness on the CBOE, according McDonald. On 11/16/2021 Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment from... Vs james A. McDonald, who founded the firm in 2019. motion to Compel Compliance with Subpoena is DENIED motion!: // means youve safely connected to the $ 1.45 million and $ 40 million, to. Dont want to look much deeper into each of these situations. markets fall. The run Kovars mother didnt have an artificial intelligence supercomputer in her basement, the U.S of Organizations $ total...

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