Complaint alleging the defendants operated as “investment advisers for the benefit of a single client: a wealthy former Russian political official living outside the United States” without being registered with the SEC, managing “a private fund securities portfolio with an estimated total value of $7.2 billion”, in U.S. Securities and Exchange Commission v. Concord Management LLC and Michael Matlin, both of New York, USA, at the U.S. District Court for the Southern District of New York. Editor’s Note: The ‘Russian client’ is not identified in the SEC’s complaint but The New York Times reported that it was Roman Abramovich.
- Home
- Jurisdictions
- British Virgin Islands
- SEC v. Concord Management LLC et al: Complaint (‘$7.2B Unregistered Investment Advisers for Sanctioned Russian’)
British Virgin Islands Civil Complaint Courts Documents Investment Regulatory Russia Securities and Exchange Commission (SEC) United Kingdom United States District Court for the Southern District of New York Unlicensed/Unregistered USASeptember 19, 2023
SEC v. Concord Management LLC et al: Complaint (‘$7.2B Unregistered Investment Advisers for Sanctioned Russian’)
25
September 19, 2023
Concord Management LLC, Michael Matlin
Securities and Exchange Commission
Topics
British Virgin Islands Investment Regulatory Russia USAKeywords
Concord Management Michael Matlin Roman Abramovich