Kevin Frankel

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When Investors Rush In: The Close of Sam Bankman-Fried’s Criminal Case Signals More Lawsuits Against Private Equity Firms to Recoup Losses

Feb 20, 2024 | law.com | Kevin Frankel |Molly White |Alex Scandroli

Private equity funds continue to bear the collateral consequences of FTX’s sudden collapse last November. The fallout from the collapse initially catalyzed regulatory scrutiny throughout federal and state agencies, principally from the Securities and Exchange Commission (SEC). Kevin B. Frankel of McGuireWoods. Courtesy photo Now, a wave of private plaintiffs’ lawsuits is cresting over the elite firms that funded FTX’s various business ventures.

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