NIR Group

[suninthefun]

Sure jjj
You are correct in that NIR is a fiduciary to their investors, but it is the funded companies that took the money and more than likely blew that money and now cannot pay NIR/NIR investors back.

Now, you have the other issue as far as NIR being pigs and killing the funded companys stock. But that is not a breach of fiduciary responsibility to its investors. It is beacause of these actions is why most of us are here. But because of the contracts entered into by the funded companies and the contracts entered into by the NIR investors, there is probably no violations of those covenants in those agreements.