Linqto Bankruptcy Filing Was Unjustified, Ex-Exec Says

By Ben Zigterman · January 20, 2026, 5:48 PM EST

The former chief executive of Linqto is challenging the investment platform's proposed Chapter 11 plan and has asked a Texas bankruptcy judge to dismiss the case, arguing the debtor is not insolvent....

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Bankruptcy Scorecard

Summary

A platform that promised to "democratize" private markets by connecting retail investors with pre-IPO startups and other privately held companies filed for bankruptcy to get required regulatory approvals, reshape its structure and work with regulators amid claims that it misled customers and flouted securities law.

Case Number

4:25-bk-90186

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$500 million to $1 billion

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Documents

Case Information

Case Title

Linqto Texas, LLC

Case Number

4:25-bk-90186

Court

Texas Southern

Nature of Suit

Date Filed

July 07, 2025