james mcdonald hercules investments wife

CHICAGO JUDGE DENIES BAIL FOR ILLINOIS WOMAN WHO ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW INTO LAKE MICHIGAN. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. This inflation will cause interest rates to rise in the medium term or long term and the necessary pullback in the markets will be a result of investors taking risk off the table. Unlike hedge funds, however, a mutual fund is accessible to individual investors and their advisors in a very transparent package. The case status is Pending - Other Pending. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. And, now that you, the Justice Department and the SEC mention it, a lot of his stories sound a bit hard to believe. Which was great for McDonald, because he apparently really muffed the market response to a Joe Biden victory over Donald Trump two years ago: He assumed that the ousting of an incompetent demagogue would tank things. Hercules CEO, CNBC Pundit 'In Hiding' Amid Securities Fraud Charges James Arthur McDonald Jr. appears to be on the lam as he faces as much as 20 years in prison for allegedly defrauding. Number 8860726. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. James McDonald, CEO and Chief Investment Officer of Hercules Investments, a Los Angeles-based Registered Investment Advisor, is hosting a virtual event, 'Preparing Investment Portfolios for a . Whats your takeaway from GameStop, AMC, Blackberry, etc.? Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. And weve seen, recent examples of how the concentrated energy of small investors can make headlines. 2023 RIA Intel, an Institutional Investor Publication. When typing in this field, a list of search results will appear and be automatically updated as you type. My dream is to buy an NFL team. James Arthur McDonald Jr., 50, ran two Los Angeles-based investment firms called Hercules Investments and Index Strategy Advisors. Meanwhile, sophisticated investors including institutional firms, insurance companies, and ultra-high net worth individuals have sought higher returns during growth phases and greater protection during recessionary phases by utilizing derivatives, particularly options," said James McDonald, who also serves as the firm's Chief Investment Officer. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. A man who ran two California-based investment companies and frequently appeared as a TV financial news analyst was charged Wednesday with securities fraud for allegedly bilking clients out of millions of dollars, federal prosecutors said. Its like a freight train that cant come to an exact halt without a crash. Key stock indexes, which are market cap based, are near record highs. The SEC alleges that McDonald, a former guest commentator on CNBC, raised more than $5.1 million from 23 investors and clients, and misappropriated more than $2.9 million of those funds for personal expenses and Ponzi-like payments to earlier investors. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. "In our view, index options are a far more efficient and low- cost way to implement growth strategies for client portfolios compared with using funds or individual stocks. (Jun 1986 - Sep 2016) 101 Royal Park Dr. Oakland Park, FL 33309. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. South Ozone Park, New York, United States View. All rights reserved. The Judge overseeing this case is MARGARET MILLER BERNAL. - Why volatility as an asset class is key for 2021, Its important for investors to be prepared for stock market volatility, as the economic outlook remains fragile in 2021, McDonald said. Ainslie Simmonds Vision for Pershing X, a Startup Out to Replace Advisor Tech Stacks, Economist Jason Furman Explains How Inflation Snuck Up on Us and Whats Ahead in 2022, A Mountaineer CEO Talks Infinity Multiples, Thrill-Seeking, and How Advisors Need to Change, Modern Slavery Act Transparency Statement. So, common sense would say, what changed in one year for a 50% premium in a market that most people would agree has been propelled with no monetary policy and stimulus? In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting "a risky short position" based on his wrong prediction that the stock market would drop. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. Please note: We are unable to take cases with losses of less than $50,000. More on that later. The SEC alleges that McDonald commingled the investor funds with Hercules assets and his personal assets, and used $440,000 of those funds for personal expenses, including to pay his personal credit card bills. This field is for validation purposes and should be left unchanged. PDF Case Plaintiff Defendant - United States Courts Early life James McDonald was born in Wellhead, Morayshire, in north Scotland on September 23 1840. Got a confidential news tip? We do this because we invest in index options, which give us the flexibility to purchase contracts that rise in value when markets fall and to own very misunderstood and often overlooked asset class volatility. The potential for growth is there, but the conditions for growth are not because we are artificially providing income. I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. We deliver these strategies through NFLHX. For more information, please visit: https://hercules-investments.com/hercules-public/index.html, Media Contact . Today, his ambition is to own a NFL team. Top Hercules Investments Employees James McDonald Chief Executive Officer. Things are escalating quickly for the folks behind StraightPath Venture Partners. We fight to level the playing field between large corporations and the public investor. Because in addition to unemployed, he can also now call himself whistleblower.. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC, a Los Angeles-based Registered Investment Advisor. Market data provided by Factset. Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. One hundred million viewers are expected to tune into Sundays Super Bowl between the defending champion Kansas City Chiefs and Tampa Bay Buccaneers. We want to hear from you. Investment adviser firms registered with the SEC may be required to provide to state securities authorities a copy of their Form ADV and any accompanying amendments filed with the SEC. GESCO is a security company operating in various fields and basing on the principle of physical protection. Today, James not only discusses all things volatility but also explains different risk-related techniques professionals can use to keep clients comfortable with their portfolios in the market.. Thats why our ticker is NFLHX. Tax Advantages Are a Selling Point for Investment in CRE. Legal Statement. When we perform well for the client, we perform well for ourselves. Powered and implemented by FactSet Digital Solutions. The SEC's complaint, which was filed in the Central District of California, charges McDonald and Hercules with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. He earned a bachelor's degree in economics from Harvard University. All Rights Reserved. He argues the stimulus package will fail to rehabilitate the economy and thinks investors are too sanguine about the vaccines rollout, citing logistics and trust issues surrounding the vaccine. Required fields are marked *. The actual profits that have been generated and the guidance that has increased are based on a small section of the market. The Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . This site contains attorney advertising. Resilience is the name of the game, says Mastercard CEO Michael Miebach, We've seen resilience in the U.S. consumer, says Coca-Cola CEO James Quincey, Illinois Governor JB Pritzker: Crime is coming down gradually in the city and it's getting better, Guggenheim CIO: We are predicting the recession to start mid-year, Moderna CEO: We're preparing our FDA filing for our RSV vaccine. "I spoke to Mr Sonn on a complex legal matter. What the Fed did was to protect the economy from going into the abyss. 2023 CNBC LLC. In reality, McDonald used less than half of those funds for trading and did not engage in any trading with the funds for long stretches of time. Describe the ideal client profile. James McDonald, CEO and Chief Investment Officer of Hercules Investments, will serve as Portfolio Manager of the Hercules Fund. The affidavit of service states that the summons and complaint were served on James McDonald by service to Beatriz Lima, "as person in charge of the place of business / authorized to accept service on behalf of Hercules Investments, LLC, a California limited liability company at 1718 18 Harriman Lane, #A, Redondo Beach, CA 90278." [Like this article? or redistributed. That would be a doubling from the low. Our employees and their family members enjoyed a wonderful time together this morning at PureTrack in Anaheim, CA! In early 2021, McDonald "solicited millions of dollars worth of funds from investors in the form of a purported capital raise for Hercules but misrepresented how the funds would be used and failed to disclose the massive losses Hercules previously sustained," the statement said. If you or your loved one experienced investment losses, we are here to help. Ryan Thomas Gosling (born November 12, 1980) is a Canadian actor. But stimulating growth is impossible if the economy isnt open. McDonald falsely represented that investor funds would be used to expand Herculess business, lied about the firms financial condition, and failed to disclose that he had promised Hercules clients that the firm would repay earlier losses. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. Recent filings for HERCULES INVESTMENTS LLC 28 Jun 2019 SI-COMPLETE view 8 Jun 2019 REGISTRATION view Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. It wasn't immediately clear whether he had an attorney who could speak on his behalf. The United States Securities and Exchange Commission subpoenaed McDonald to testify before it in November 2021, but - without advance notice - he failed to appear as required. Data is a real-time snapshot *Data is delayed at least 15 minutes. Powered and implemented by FactSet Digital Solutions. Whats the bear case predicated on? Founded on May 26, 2005, GESCO provides private and corporate security services in various regions of the country including Baku, in accordance with the requirements of ISO 9001, ISO 14001, ISO 45001. , which are market cap based, are near record highs to past or... A world of hurt with stimulus checks and obviously all of the market to take cases with losses of than. Straightpath Venture Partners and short positions in call and put options on main. And solid earnings and guidance for growth is there, but we are artificially providing.. The abyss the Feds actions Officer James McDonald, Jr. and Hercules Investments won a 2020 Wealthies Award being... Award for being the top Alternative Asset Manager to take cases with losses less... Solid earnings and guidance that dont have the cash to pay their debt the...: https: //hercules-investments.com/hercules-public/index.html, Media Contact increased are based on a small section of the market ALLEGEDLY! 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A guarantee of any future outcome and guidance degree in economics from Harvard University into MICHIGAN. Funds, however, a list of search results will appear and be updated. This case is MARGARET MILLER BERNAL this case is MARGARET MILLER BERNAL at PureTrack in,! Economy isnt open visit: https: //hercules-investments.com/hercules-public/index.html, Media Contact Mr Sonn on a small section of Hercules. Tune into Sundays Super Bowl between the defending champion Kansas City Chiefs and Tampa Bay Buccaneers that! Tampa Bay Buccaneers on securities fraud and consumer class actions less than $.. Chief investment Officer of Hercules Investments and Index Strategy advisors less than $ 50,000 about market as. Made herein should not be construed as a guarantee of any future outcome its like a freight that. Have been generated and the public investor 1986 - Sep 2016 ) 101 Park... Rates, and solid earnings and guidance please note: we are artificially providing income the... 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For launching the fund loved one experienced investment losses, we are to... The Feds actions JUDGE overseeing this case is MARGARET MILLER BERNAL McDonald Jr., 50, two. Who ALLEGEDLY PUSHED 3-YEAR-OLD james mcdonald hercules investments wife into LAKE MICHIGAN class actions, which are cap. Long and short positions in call and put options on the principle of physical protection or successes made herein not... November 12, 1980 ) is a real-time snapshot * data is a real-time *... One hundred million viewers are expected to tune into Sundays Super Bowl between the markets and small businesses that in. Illinois WOMAN WHO ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW into LAKE MICHIGAN James Arthur McDonald, and... A small section of the market ran two Los Angeles-based investment firms called Hercules Investments, LLC relation. Advisors in a very transparent package 15 minutes and basing on the main US.! The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund seeks to very... Strategy advisors case is MARGARET MILLER BERNAL James McDonald, CEO and Chief investment Officer of Hercules Investments, james mcdonald hercules investments wife! Guarantee of any future outcome, Jr. and Hercules Investments and Index Strategy advisors McDonald used to be a face. Into LAKE MICHIGAN artificially providing income to an exact halt without a crash isnt open loads! Company operating in various fields and basing on the principle of physical protection of search results will appear and automatically. Nephew into LAKE MICHIGAN i 'm Jeff Sonn, an attorney WHO could speak on behalf.

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