Sentences with phrase «solicit investor interest»

A market sounding event will be organised for the project to solicit investor interest.

Not exact matches

This form of public announcement has been illegal since the 1930s, but with the transparency and openness that Web platforms provide, it is now legal to solicit expressions of interest from potential investors.

CASPERSEN and Park Hill Group were working on behalf of Firm - 1 to solicit investors for the loan, but, at some point after Firm - 1 agreed to take the loan, it transpired that Firm - 1 did not need the loan in order to purchase the secondary private equity interests.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

Scariest of all, under Pinter v. Dahl, 486 U.S. 622, 647 (1988), the litigation finance company might even be viewed as a «seller» for purposes of the rescission remedy if it «solicit [ed] the purchase, motivated at least in part by a desire to serve his own financial interests or those of the securities owner,» and thus the company, along with the claimant, could be on the hook to fellow investors.