Investor Attys Nab $4.65M In Direct Lending Fraud Suit

By Katryna Perera (October 5, 2022, 7:34 PM EDT) -- A California federal judge granted a $4.65 million award to seven law firms representing individual investors in a settlement that is part of a suit initially lodged by the U.S. Securities and Exchange Commission against Direct Lending Investments LLC over its founder's alleged concealment of overdue loans to inflate the value of the firm's private debt holdings....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!