CFTC, Ga. Fund Ask To Reopen Fraud Suit For Deal Approval

Law360, New York (July 8, 2016, 3:09 PM EDT) -- The U.S. Commodity Futures Trading Commission asked a Georgia federal judge on Thursday to reopen its suit against a commodities pool operator accused of running a fraudulent fund that took $505,000 from investors, after the two sides reached an agreement on a settlement.

Terms of the settlement weren't disclosed, but the pool of funds run by Hendrik A. Van Beuningen of Brookhaven, Georgia, and his company, DeBrink Trading Fund I LLC of Atlanta allegedly settled its dispute with the CFTC on May 25, according to court documents.

U.S. District Judge Timothy C. Batten Sr. closed the case after receiving word of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms

Government Agencies

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!