The U.S. Securities and Exchange Commission is investigating whether HRJ Capital LLC., a defunct investment firm run by former members of the San Francisco 49ers football team, misled investors as it struggled to stay solvent in 2008, according to four people with direct knowledge of the probe.

HRJ, co-founded by Hall of Fame safety Ronnie Lott and All- Pro lineman Harris Barton in 1998, operated funds of funds. The Woodside, California-based firm invested $2.8 billion in venture capital and leveraged buyout funds for public pension systems and star athletes such as Indianapolis Colts quarterback Peyton Manning.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]