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Cases / Investment funds & advisory

Ventures Trust II LLC, Face Off Acquisitions LLC

Craig L. Berkman, John B. Kern

ReportedMar 19, 2013
LocationFL
Amount$13,200,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Ventures Trust II LLC, Face Off Acquisitions LLC
Industry
Pre-IPO shares (Facebook, LinkedIn, Groupon, Zynga)
Pitch & red flags
access to scarce pre-IPO shares; counterparty "repeatedly affirmed that it has the requisite [Facebook] shares"

Pitch phrases from this case

Source

SEC official

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