Gibbons law firm, Newark NJ. Photo: David Gialanella/ALM Gibbons Tapped to Defend Against Securities Suit Alleging Ponzi Scheme
This suit was surfaced by Law.com Radar. Read the document here.
September 19, 2023 at 11:49 AM
1 minute read
Ricardo Solano Jr. and Christina M. Labruno of Gibbons have stepped in to defend Aryeh L. Bromberg in a pending securities lawsuit. The complaint, filed July 19 in New Jersey District Court by the U.S. Securities and Exchange Commission, contends that the defendants engaged in a Ponzi scheme by raising money through their entity Optimus Investments Inc. by using new investors' funds to pay off promissory notes sold to earlier investors. The case, assigned to U.S. District Judge Michael A. Shipp, is 3:23-cv-03848, U.S. Securities And Exchange Commission v. Weinstein et al.
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