Silver Law Group Files Class Action Lawsuit Against TCA Global Credit Fund, Bob Press, Others
Silver Law Group, a nationally-recognized class action law firm, has filed the first class action lawsuit against South Florida-based hedge fund TCA Fund Management Group, TCA’s founder and chairman Robert Press, and others involved with the company (Defendants).
The lawsuit, which Silver Law Group filed in federal court along with co-counsel Weinberg Wheeler Hudgens Gunn & Dial and Gibbs law Group, is filed on behalf of investors in TCA’s funds (Plaintiffs), seeks to recover investor losses and alleges that Defendants knowingly inflated the value of TCA’s Master fund in part by “failing to remove or properly value bad loans and creating phantom “investment advisory” fees that were fraudulent and uncollectable.” Continue reading ›