In the News...

Seiden Law Group is appointed as US counsel by Israeli Trustee to recover the stolen monies of Michael David Greenfield (AKA Michael Ben-Ari), the man deemed “the Israeli Madoff” in the Israeli press.

Seiden Law Group LLP | New York, New York August 5, 2021 SEIDEN LAW GROUP APPOINTED BY ISRAELI TRUSTEE TO RECOVER STOLEN FUNDS FROM “THE ISRAELI MADOFF” Seiden Law Group LLP has been appointed as US counsel to Trustee Adv. Lior Dagan, the court-appointed Trustee in an Israeli insolvency proceeding against Michael Ben-Ari aka Michael David Greenfield (“Greenfield”). Mr. Dagan was appointed by the Israeli courts to lead the global efforts to recover the monies allegedly stolen by Greenfield.  Greenfield, who has recently been dubbed by Israeli media as “the Israeli Madoff,” is under criminal investigation by the Israeli Securities…

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Seiden Law Group team helps bring global fraudster to justice in a massive half-billion dollar scam that spans Europe, Hong Kong and New York.

BY SEIDEN LAW GROUP | NEW YORK, NEW YORK July 2021 Seiden Law Group represents the Libra Group Inc., a U.S.-based conglomerate conducting international business in over 35 countries, worldwide. Seiden Law Group has been leading the Libra Group’s efforts in seeking justice against a former employee that swindled half a billion dollars from the company. The massive scam has spanned Europe, Hong Kong and New York, being brought in multiple courts around the world. The case has been reported on by Business Insurance in the U.S. and Greek Reporter in Greece.

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Seiden Law Group’s representation of Plaintiff Henry Liu yields positive outcome

BY SEIDEN LAW GROUP | NEW YORK, NEW YORK DATE Hong Liu v. Faraday & Future Inc. et al. (Case number 2:20-cv-08035 in US District Court for the Central District of California) Seiden Law Group LLP is pleased to announce a successful outcome in its representation of Henry Liu after a hard-fought litigation. The positive result came within weeks of trial thanks to Seiden Law Group’s tenacious and creative lawyering. Plaintiff Henry Liu had made claims of breach of contract, violation of the Securities Exchange Act of 1934, wrongful termination and intentional infliction of emotional distress against his former employer,…

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Seiden Law Group secured settlement for client harmed in COVID PPE fraud, resulting in recovery of nearly all stolen funds

BY SEIDEN LAW GROUP | NEW YORK, NEW YORK June 2021 Millions of life-saving masks that were intended for Puget Sound Veterans Hospital during the peak of the COVID pandemic in late 2020, never arrived. A Middle Eastern citizen operating via a Canadian and Middle Eastern company settled a claim this week brought by Seiden Law Group LLP on behalf of Oklahoma-based Asset Group Inc. for the alleged theft of millions of dollars. The defendant had taken tens of millions of dollars from Asset Group and a publicly-traded company as part of a multi-jurisdictional PPE fraud. A search of the…

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Seiden Law Group welcomes Jacob K. Jou to the Firm

SEIDEN LAW GROUP WELCOMES JACOB K. JOU TO THE FIRM Press Release | New York, New York January 22, 2021 Seiden Law Group LLP is pleased to announce that Jacob K. Jou has joined the Firm as Counsel. Jou joins the Seiden Team from Milbank LLP in the New York Office. Seiden Law Group LLP adds seasoned commercial litigator Jacob K. Jou from Milbank LLP to its New York office.  Jou, a graduate of Harvard Law School and Yale University, joins the globally respected and fast-growing Seiden team as Counsel after 11 years at Milbank where he gained deep experience…

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Seiden Receivership Efforts Featured in Institutional Investor

BY MICHAEL RAPOPORT | Institutional Investor ‘They’d Find Fraud, Fraud, Fraud.’ JULY 22, 2020 A small group of short sellers, spurned investors, a former journalist,and an ex-prosecutor are intent on revealing large-scale fraud in China. The story of Chinese fraud goes back a decade and a half, to the mid-2000s, when a wave of Chinese companies rolled onto U.S. exchanges via a backdoor maneuver known as “reverse mergers.” Chinese companies would merge with a U.S. shell company and take over its public listing, gaining access to American exchanges, trading, and investors — all without the regulatory scrutiny a traditional initial public…

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Robert Seiden Appointed as First-Ever U.S. Receiver Over a Cayman Islands Company

On February 4, 2020, Cayman Islands Judge, the Honorable Margaret Ramsay-Hale ruled in favor of Robert W. Seiden, Esq., recognizing his capacity as temporary receiver over the parent company Link Motion Inc. (“LKM”), a U.S. company previously listed on the New York Stock Exchange. This ruling effectively named Robert Seiden, of New York-based Seiden Law Group LLP, the first-ever U.S. receiver over a Cayman Islands company. The ruling can be read in full in the link below.

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SEIDEN GROUP CLIENT SENIOR HEALTH INSURANCE COMPANY DEFEATS MOTION TO DISMISS IN PLATINUM PARTNERS LITIGATION

The Seiden Law Group is representing client Senior Health Insurance Company (“SHIP”) in a lawsuit in New York federal court against Lincoln International LLC and Lincoln Partners Advisers LLC (“Lincoln”) arising from the massive fraud involving the Platinum Partners hedge fund and its affiliate, Beechwood Re Ltd.   SHIP, an insurance company, incurred massive losses of over $100 million in the fraud.  SHIP’s lawsuit alleges that Lincoln, a valuation firm, aided and abetted the fraud by issuing inflated valuations. On December 3, 2019, the Honorable Jed S. Rakoff of the United States District Court for the Southern District of New York…

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Robert Seiden of Seiden Law Group LLP Cited in Law Review Article for Work as Receiver Over Chinese Companies

EXCERPT FROM Strategies for Asset Recovery from Mainland China BY HENRY W. LONGLEY | TEMPLE INT’L & COMP. L.J. A. Sino Clean Energy, Inc. v. Seiden—Corporate Governance Strategy in Action In May 2014, a Nevada state court appointed Robert Seiden, Esquire,(171) the receiver of Sino Clean Energy, Inc. (Sino), after a group of U.S. investors requested the appointment when Sino went dark and caused economic losses.(172) Sino is a Chinese Reverse Merger holding firm incorporated in Nevada with subsidiaries in Mainland China that produce coal-water slurry.(173) The Sino bankruptcy case synthesizes the corporate governance strategy in the Chinese Reverse Merger…

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Seiden Law Group Brings Forth Lawsuit Against Wine Ponzi Scheme Targeting New York’s Most Powerful Enophiles

A Wine Ponzi Scheme Targeted New York’s Most Powerful Enophiles, Clients Allege BY MITCH FRANK | Wine Spectator Omar Khan organized dinners with top chefs and rare vintage wines. Now several clients allege that he’s a fraud who took their money Sep 9, 2019: For wine lovers and executives, the dinners were sorely tempting: dishes cooked by some of the world’s top chefs (Daniel Boulud, Tom Colicchio, Daniel Humm), paired with some of the rarest wines in the world (Domaine de la Romanée-Conti, Cheval-Blanc, Dom Pérignon) and featuring business-savvy speakers. Since 2013, the International Business & Wine Society (IB&WS) has…

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