NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is currently investigating the Broadstreet Global Fund’s (“BSG Fund”) allegedly fraudulent investment offerings following the securities fraud action filed on January 29, 2025, by the Securities and Exchange Commission (“SEC”) against BSG Fund’s principles and/or advisors. Investors in Broad Street Global or the BSG Fund are encouraged to contact the firm regarding potential compensation for their investments.
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The BSG Fund's principals and/or advisors, David J. Feingold, Joseph B. Baldassarra, and Steven S. Baldassarra, and certain affiliated entities are being accused by the SEC of operating a massive, multi-year investment fraud that raised more than $1 billion from over a thousand investors.
The SEC accuses the defendants of misleading BSG Fund's investors with false claims of inflated profits, commingling investor funds, managing BSG Fund "in a way that was inconsistent with what they told investors," and improperly diverting "nearly all investor funds" to accounts and assets owned and controlled by various defendants, including about "$170 million to the Baldassarras and to entities under the control of Feingold or the Baldassarras."
If you are an investor in Broad Street Global and/or the BSG Fund and have suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
