IRONRIDGE

[factcheck14]

Growth Capital Investor

http://www.growthcapitalist.com/wp-content/uploads/2015/07/Ironridge-Hits-Back-at-SEC-Action_Growth-Capital-Investor-072115.pdf

“This case reflects the SEC’s continued aggressive interpretations of the federal securities laws in the microcap space,” says Nicolas Morgan, a former SEC enforcement attorney and partner at Zaccaro Morgan. “The SEC does not allege fraud or investor harm. The SEC also does not challenge Ironridge Global’s innovative use of Securities Act Section 3(a)(10) as an exemption to registration to acquire shares from small public companies in settlement of litigation claims against the issuers. Indeed, all of the settlements appear to have been approved by courts in ‘fairness hearings’.