SkyBridge Sues Premium Point Investments, its Top Officers, and Administrator
On Monday June 25, Sadis & Goldberg LLP filed a $79 million dollar lawsuit against Premium Point Investments and its top officers, and others responsible for amongst other things, fraudulently inducing SkyBridge to invest in the Premium Point Funds. Premium Point’s officers are already the subject of a U.S. Justice Department criminal prosecution and SEC enforcement action.
For reference regarding the SkyBridge Lawsuit, please see the following articles: