Atlantic Portfolio Analytics & Management Inc..

After a contested legal battle that lasted more than eight months, two former principals of the fraudulently-operated Evergreen Security offshore mutual fund - and a Florida investment firm they ran - have been forced into bankruptcy in the United States.Involuntary Chapter 7 bankruptcy petitions against Jon M. Knight, of Sorrento, Florida; J. Anthony Huggins, of Orlando, Florida; and their Florida corporation Atlantic Portfolio Analytics & Management Inc. were approved at the U. S. Bankruptcy Court for the Middle District of Florida on March 29, 2007.

Seventy-six new lawsuits have been filed by the Bankruptcy Trustee of a fraudulently-run offshore 'mutual fund' known as Evergreen Security, which is insolvent by approximately $200 million. The actions, which have been filed in Florida, seek to reclaim more than $8.1 million that was allegedly fraudulently transferred by way of commissions to promoters of Evergreen.