Independent financial services firms, including Cleveland Ohio based Cedar Brook Financial Group, and their broker-dealers, such as Securities America, Inc., American Portfolios Financial Services, Inc., and National Securities Corp., have sold private placement offerings in Medical Capital Holdings, Inc.; a company recently charged with fraud by the Securities Exchange Commission (SEC). Medical Capital, based in Anaheim California, packaged medical receivables and sold them as private placements raising over $2.2 billion from over 20,000 investors. Shockingly, instead of using money for its core business, an appointed receiver overseeing Medical Capital has reported that the company invested $20 Million in a Hollywood film, $7 million in a company that marketed mobile phone applications and in a 188 foot yacht resulting in the SEC stepping in to stop the bleeding.
If you are an investor in Medical Capital Holdings and wish to protect your rights, please contact our offices by completing the client inquiry intake form below and a representative of our office will contact you immediately, or you are welcome to call us at 216-522-9000 or toll free at 866-522-9500 to discuss your potential claims.
| Privacy Policy