Popular on Rezul
- 11th annual Florida Blueberry Festival April 26 & 27, 2025 - 130
- Village Vapes and Cooking 4 Autism Announce Inaugural Partnership at MEGA 420 EVENT - 116
- Family Office Real Estate Institute Announces Exclusive Investment Forum - 101
- Fairfield Inn by Marriott Scottsdale Old Town Opens
- Felician Sisters of North America Announce Partnership with City of Livonia
- MAJOR New release of Krypto500 (ELF-HF) Sigint - COMINT software
- New Build-to-Suit VA Medical Office Facility Coming to Highland Heights, KY
- Thrive Cannabis Marketplace Opens New Main Street Dispensary in Las Vegas Arts District
- Baltimore Author Crafts Space Opera Where Human Questions Outshine Galactic Scale
- Liquified Solutions a featured exhibitor at the 2025 Senior Living Executive Conference
Similar on Rezul
- NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Ushering in a Disruptive Innovation in Web3
- Cybersecurity is Protecting Your Personal Information and Your Portfolio
- The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
- $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
- SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
- Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
- Jay Tapp was named Managing Director in British Columbia
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
- New Book 'Cybersecurity Leadership' Guides SME Leaders to Make Smart, Strategic Security Decisions
U.S. Securities and Exchange Commission Dismisses Lawsuit Against SkiHawk Capital Partners, LLC, The Convergence Group, and all Defendants.
Rezul News/10650142
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--We are pleased to announce that our legal team, led by Attorney Paul Vorndran with Jones & Keller, P.C. has successfully secured a dismissal of all claims in the U.S. Securities and Exchange Commission's (SEC) lawsuit against SkiHawk Capital Partners, LLC, The Convergence Group, LLC (TCG), Clement Borkowski, Sean Hawkins, and Joseph Schiff.
Through our dedicated legal defense team, we effectively demonstrated that the allegations made by the SEC were without merit and that the disclosure documents provided to investors accurately depicted the alleged conflicts, asset values, and other business dynamics, contrary to the SEC's contentions. Our defense emphasized the fact that we fully disclosed all material information, our reliance on the advice of corporate and securities legal counsel, and the fact that we retained reputable CPA firms that conducted audits.
"We are extremely happy with this outcome after almost 6 years of interacting with the SEC on this matter," according to Sean Hawkins, a Principal at SkiHawk and Managing Director of TCG. "We were confident when the facts came to light, we would ultimately be vindicated that the SEC's allegations were simply factually wrong. Our faith in God, a strong conviction in the truth, and confidence in our legal counsel is what got us through when this was a David versus Goliath situation. The Federal government has unlimited resources," Hawkins adds.
More on Rezul News
Our legal team was able to ultimately convey to the SEC its inability to prove any of the ten claims detailed in its intricate complaint. This favorable outcome exemplifies our unwavering commitment to providing management services with an assertive and unyielding defense to safeguard the interests of the companies we serve.
The Convergence Group is an alternative asset management firm headquartered in Puerto Rico with affiliated administrative personnel in Colorado Springs, CO. The Convergence Group brings strategic leadership, leaning into providence, in everything we do. Specializing in development and management of healthcare, blockchain, and real estate related enterprises. For more information about The Convergence Group, go to its website at: www.theconvergence.group.
The case number is No. 1:21-cv-01776.
Contacts
Sean Hawkins
sean@theconvergence.group
Through our dedicated legal defense team, we effectively demonstrated that the allegations made by the SEC were without merit and that the disclosure documents provided to investors accurately depicted the alleged conflicts, asset values, and other business dynamics, contrary to the SEC's contentions. Our defense emphasized the fact that we fully disclosed all material information, our reliance on the advice of corporate and securities legal counsel, and the fact that we retained reputable CPA firms that conducted audits.
"We are extremely happy with this outcome after almost 6 years of interacting with the SEC on this matter," according to Sean Hawkins, a Principal at SkiHawk and Managing Director of TCG. "We were confident when the facts came to light, we would ultimately be vindicated that the SEC's allegations were simply factually wrong. Our faith in God, a strong conviction in the truth, and confidence in our legal counsel is what got us through when this was a David versus Goliath situation. The Federal government has unlimited resources," Hawkins adds.
More on Rezul News
- Harvest Properties Acquires Two San Francisco Bay Area Self Storage Facilities for $44.2 Million
- Georgia's Traditions of Braselton to Host Spring Open House Event
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
Our legal team was able to ultimately convey to the SEC its inability to prove any of the ten claims detailed in its intricate complaint. This favorable outcome exemplifies our unwavering commitment to providing management services with an assertive and unyielding defense to safeguard the interests of the companies we serve.
The Convergence Group is an alternative asset management firm headquartered in Puerto Rico with affiliated administrative personnel in Colorado Springs, CO. The Convergence Group brings strategic leadership, leaning into providence, in everything we do. Specializing in development and management of healthcare, blockchain, and real estate related enterprises. For more information about The Convergence Group, go to its website at: www.theconvergence.group.
The case number is No. 1:21-cv-01776.
Contacts
Sean Hawkins
sean@theconvergence.group
Filed Under: Business
0 Comments
Latest on Rezul News
- Big Sky Acquires Lake Pointe Medical Plaza
- L2 Aviation Celebrates Grand Opening of New Facility at Cincinnati/Northern Kentucky International Airport (CVG)
- Managing Summer Staffing Surges with Confidence: Why Name Badges Are a Must for Seasonal Success
- Visa Named Title Sponsor of Ascending Athletes' Business Owners Summits for NFL Entrepreneurs
- Berkshire Hathaway HomeServices FNR Celebrates Palm Coast Offices with Ribbon-Cutting Ceremonies
- The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
- $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
- SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
- New National Nonprofit Launches to Capture Firsthand Accounts of Adoption Stories
- The Tide Project Opens at Biennale Architettura 2025 in Venice Amplifying Youth Voices
- Wall Street analysts say BTC.XRP.DOGE cloud mining company SIX MINING is expected to achieve a 5-fold increase, allowing users to easily mine BTC
- Gen X Takes The Reins: New Book Guides Caregivers Juggling Parents, Kids, And Grandkids With Humor And Heart
- Fray Fitness Launches Memorial Day Sale and Veteran Organization Giveaway
- ABM for Good™ Launches First Project with Build Change
- ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
- Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
- Jay Tapp was named Managing Director in British Columbia
- Hubei Heavy Equipment Makes a Striking Appearance at CIMT and Competes with International Brands
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027