SEC Complaint

29/08/09 16:23
The SEC sued Medical Capital Holdings and two of the company’s top officers, president Joey Lampariello and chief executive officer Sidney Field, on June 6, 2009. The SEC alleged that Medical Capital made misrepresentations regarding the offering of Medical Provider Funding Corporation VI. In essence, the SEC alleges that the defendants misappropriated roughly $18.5 Million of investor monies and made misrepresentations about the default history for the earlier Medical Provider Funding Corporations.

The SEC litigation is still pending.

If you lost money investing in any of the Medical Provider Funding Corporations, please give us a call at 888-990-9396, or send an email.