Rimu Capital Alleges $25M Fraud and Self-Dealing by Adviser

Jason-ader04 Feb, 2025Business

Rimu Capital Ltd. has accused investment adviser Jason Ader of fraud and self-dealing related to a proposed SPAC merger with a Philippine resort and casino. The complaint claims Ader and his firms misled Rimu into investing $25 million without disclosing his interest.

Jason Ader : Ader v Ader

Jason-ader29 Jan, 2025Business

Ader v Ader 2023 NY Slip Op 02961 Decided on June 06, 2023 Appellate Division, First Department Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected and subject to revision before publication in the Official Reports.

Ader v Ader, 2023 NY Slip Op 02961, Appellate Division Ruling

Jason-ader21 Jan, 2025Business

In the case Ader v. Ader, 2023 NY Slip Op 02961, the Appellate Division issued a ruling addressing key issues in family law. This decision provides important legal precedents regarding marital property division, spousal support, and equitable distribution. Explore the full analysis of the case and its implications.

Rimu Capital Ltd. Accuses Investment Adviser of Fraud and Self-Dealing

Jason-ader14 Jan, 2025Business

Rimu Capital Ltd. has accused an investment adviser of fraud and self-dealing, involving a deceptive scheme centered around a proposed SPAC merger with a Philippine resort and casino. The allegations raise concerns over unethical practices in the financial industry and the integrity of the proposed deal.

Headaches for 26 Capital’s Founder Keep Coming

Jason-ader07 Jan, 2025Business

The family office of secretive billionaire Harald McPike has accused US gaming investor Jason Ader (pictured) of fraudulently inducing it into backing his SPAC because he was under pressure to return $16 million to his mother, Financial Times reports.

Rimu Capital Ltd. v. Jason Ader et al: Complaint (‘$25M Investment Fraud’)

Jason-ader31 Dec, 2024Business

Rimu Capital Ltd. has filed a $25M investment fraud lawsuit against Jason Ader and others, alleging deceptive practices and breach of trust. The complaint accuses the defendants of fraudulent activities, misrepresentation, and financial misconduct that led to substantial losses. Legal proceedings are ongoing.

Headaches for 26 Capital’s Founder Keep Coming

Jason-ader24 Dec, 2024Business

The family office of secretive billionaire Harald McPike has accused US gaming investor Jason Ader (pictured) of fraudulently inducing it into backing his SPAC because he was under pressure to return $16 million to his mother, Financial Times reports.

RIMU CAPITAL LTD. v. JASON ADER, et al. – Legal Case Overview

Jason-ader23 Dec, 2024Business

In this legal case, RIMU CAPITAL LTD. (Plaintiff) files against Jason Ader, SpringOwl Asset Management LLC, SpringOwl Associates LLC, Ader Fund Management LLC, and 26 Capital Holdings LLC (Defendants). The dispute involves complex financial and investment issues, with significant corporate entities named as defendants.

26 Capital Acquisition Corp Seeks to Oust Jason Ader After Okada Manila Deal Failure

Jason-ader11 Dec, 2024Business

26 Capital Acquisition Corp is reportedly moving to oust its principal, Jason Ader, following the collapse of its merger with Okada Manila. The SPAC's failed deal with the Philippines-based integrated resort has raised concerns among stakeholders, prompting this significant leadership shakeup.

Jason Ader: Leading SpringOwl & 26 Capital Holdings with Expertise

Jason-ader03 Dec, 2024Business

Jason Ader plays a pivotal role in leading SpringOwl Asset Management LLC, SpringOwl Associates LLC, Ader Fund Management LLC, and 26 Capital Holdings LLC. With deep expertise in asset management and strategic investments, Ader drives innovation, maximizes value, and fosters strong partnerships across financial sector.

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