The Securities and Exchange Commission (SEC) filed a complaint against K.L. Group, LLC, KL Florida, LLC, KL Triangulum Management, LLC, Shoreland Trading LLC, and their principals for a massive hedge fund fraud resulting in investor losses of at least $81 million. The complaint alleges violations of the Securities Act, the Exchange Act, and the Investment Advisers Act. The SEC seeks injunctive relief, asset freezes, appointment of a receiver, and other measures to protect investors.
documents/EFTA01125402.pdf
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