Corporate & Securities Law

Arthur Nadel (?Nadel?), the former Florida hedge fund manager, is being investigated by Eccleston Law for bilking investors out of more than $160 million.

Nadel managed the following companies and funds that he used to defraud investors: 

1. SCOOP CAPITAL, LLC,
2. SCOOP MANAGEMENT, INC.
3. SCOOP REAL ESTATE, L.P.,
4. VALHALLA INVESTMENT PARTNERS, L.P.,
5. VALWALLA MANAGEMENT, INC.,
6. VICTORY IRA FUND, LTD,
7. VICTORY FUND, LTD,
8. VIKING IRA FUND, LLC,
9. VIKING FUND, LLC, AND
10. VIKING MANAGEMENT, LLC

Labeled as a ?mini-Madoff?, Nadel managed a series of funds that took in $392 million from investors, but lost approximately $162 million when the stock market collapsed.  The SEC alleged that Nadel began covering up these losses by falsely stating the value of the investments in the funds by as much as $300 million. 

The attorneys at Eccleston Law are looking for information related to Nadel, as well as information on any ?feeder funds? that might have funneled investor money into Nadel?s funds.  Feeder funds may be considered liable for failure to conduct proper due diligence on Nadel and his funds. 

If you have information about Arthur Nadel or any of the feeder funds linked to him, or if you are an investor that lost money with Nadel, your losses may be recoverable through arbitration.   Contact Jim Eccleston at the Eccleston Law Offices at 312-332-0000 to discuss your case.