james mcdonald hercules investments bio

Even large-cap companies such as Disney and Exxon-Mobil Either way, any such money in Mr. Browns account does not constitute a right to payment due or to become due to defendants which may be assigned pursuant to CCP 708.510. mike vernon royal household; are there snakes in gran canaria; shooting in laurel, md yesterday. A nonparty shall petition the court for leave to intervene by noticed motion or ex parte application. Public Records Policy. Lists Featuring This Company. Navin: Growth has been beating value for a number of years now. The complaint also charges McDonald with violating Section 206(4) of the Advisers Act and Rule 206(4)-8 thereunder, which prohibit certain transactions by investment advisers. Curtis A. Kineffective 06/14/2021; Reason: Inventory Transfer, DocketNotice of Case Reassignment; Filed by: Semyon Ginzburg (Plaintiff); As to: HERCULES INVESTMENTS, LLC, a California limited liability company (Defendant); James A. McDonald, JR. (Defendant), DocketNotice of Case Reassignment and Order for Plaintiff to Give Notice; Filed by: Clerk, DocketCase assigned to Hon. A CNBC spokesperson told USA TODAY the network no longer allowed McDonald on the air as soon it found out he was under investigation. Hercules Capital started at outperform with $17.50 stock price target at Oppenheimer. James is the co-author of How To Invest In Bitcoin By Two Harvard Minds. Hes a graduate of Harvard University with a B.A. This of course is impossible, therefore equity valuations must eventually reflect economic plausibility. Full content visible, double tap to read brief content. Ruth Ann Kwan in Department 72 Stanley Mosk Courthouse, DocketComplaint; Filed by: Semyon Ginzburg (Plaintiff); As to: HERCULES INVESTMENTS, LLC, a California limited liability company (Defendant); James A. McDonald, JR. (Defendant), DocketCivil Case Cover Sheet; Filed by: Semyon Ginzburg (Plaintiff); As to: HERCULES INVESTMENTS, LLC, a California limited liability company (Defendant); James A. McDonald, JR. (Defendant), DocketSummons on Complaint; Issued and Filed by: Semyon Ginzburg (Plaintiff); As to: HERCULES INVESTMENTS, LLC, a California limited liability company (Defendant); James A. McDonald, JR. (Defendant), DocketNotice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, Case Number: *******9709 Hearing Date: October 11, 2022 Dept: 72, MOTION FOR POST-JUDGMENT COSTS AND ATTORNEY FEES INCURRED IN ENFORCING JUDGMENT, Case: Semyon Ginzburg v. Hercules Investments, LLC et al. There are dozens of ratios stemming from a/d that consistently benefit the type of active investing we do and they give us clarity on the sentiment of investors as it shifts back and forth between greed and fear. (See Ex Parte App. 4.) keystyle mmc corp login; thomson reuters drafting assistant user guide. CCP 685.080(b) states: The notice of motion shall be served on the judgment debtor. Second, between February and October 2021, McDonald offered and sold equity investments in Hercules itself, raising $1.5 million from two types of investors: one non-client group and two existing individual Hercules clients. A frequent lecturer and conference speaker, he is a nationally-recognized expert on the topics of macroeconomics, event-driven investing, growth investing, portfolio construction, index investing, exchange-traded funds, digital currencies, and index . The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. He played for the Los Angeles Rams and Detroit Lions. Because judgment was not entered before this date, fees incurred from August 17, 2021 to December 9, 2021 necessarily could not have been incurred in enforcing the judgment. Paperback $35.00 1 New from $35.00 This is the story of the James McDonald and the rise and fall of Hercules Investments. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://us02web.zoom.us/webinar/register/WN_guvDkdmgQcy4-HcSuTnb1Q, https://hercules-investments.com/hercules-public/index.html. 1.) VOLQ is even better because it can be used to protect gains and principal in tech holdings. judy norton children; court ordered community service california Now he's wanted on fraud charges. McDonald: Without question: Market Wizards Jack Schwager. James McDonald went from being CNBC market pundit, media darling and self-proclaimed options guru to a fugitive in hiding and on the run. James McDonald, the founder of the Los Angeles-based firm Hercules Investments, has profited from the market's recent volatility using stock index options. woke up and found that McDonald was gone, leaving his car (with the keys inside) in D.J.s driveway. Houston, Texas, United States. Los Angeles County Superior Courts | Contract | (Lindemann Decl. McDonald, who faces up to 20 years imprisonment if convicted, is believed to be in hiding, the U.S. Attorneys office said in a news release. (See Brown Decl. Yet only 14.5% of the global market has been penetrated. Any litigation that stemmed from those losses would need to be disclosed if he went forward with the fund, according to the DOJ. at 3.) He recommended investors have exposure to volatility instruments, which can offset losses in core holdings if markets fall. The stated reason for seeking ex parte relief is the purported irreparable harm and immediate danger of this Court granting plaintiffs Motion for Assignment without first determining whether Bunnell may intervene in this action and be heard as to that motion. James McDonald is a 25-year veteran of the investment industry and was named one of America's top 10 investment advisors by ETF.com in 2012. My investigation has revealed that McDonalds fraudulent capital raise is part of a broader pattern of deceptive conduct, which includes the creation of false account statements for ISA clients, his ongoing misrepresentation to clients that ISA was a registered investment adviser even after he had terminated its registration, and even misleading statements about his educational background, according toFBI Special Agent Robert Chowthi, according to the criminal complaint. On May 3, 2022, creditors motion to compel compliance with subpoena was denied. Further, creditor also seeks $55,477 in post-judgment interest. Step 1) Become the best index options trader in the world, and I am very confident that today I have done that. The perceived future harm of the new COVID-19 strain in the UK will introduce additional risk to markets, according to McDonald. His son, James McDonald, plays in Major League Baseball. [1] He played college basketball at Southern California (USC) and did not play college football. That product for me ended up being index options. Hercules and the various insureds settled claims for $1,450,000, which was directed by Hercules to be paid into a separate account maintained by BNSK and distributed at Hercules direction for (1) defense costs relating to claims by investors against Hercules for losses sustained as a result of Hercules investment strategies and/or (2) to pay claims by various investors relating to losses by such investors as established by the Settlement Agreement. (Brown Decl. McDonald was CEO of Hercules Investments LLC of Los Angeles and Index Strategy Advisors Inc. of Redondo Beach, and frequently appeared as an analyst on the CNBC financial TV news network,. The United States Securities and Exchange Commission subpoenaed McDonald to testify before it in November 2021, but without advance notice he failed to appear as required. For those willing to take risk and or those who dont want to liquidate their securities, we recommend buying volatility with a 10-15% allocation in their portfolio. SEMYON GINZBURG VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. According to an affidavit filed with the complaint, McDonald frequently appeared as an analyst on the CNBC financial TV news network and was the CEO and chief investment officer of two companies: Hercules Investments LLC, based in downtown Los Angeles, and Index Strategy Advisors Inc. (ISA), based in Redondo Beach. Even assuming that $1.45 million has been received by Mr. Browns account from Herculess insurer, it is either (1) Herculess money (which happens to be held its former counsel) or (2) money set aside to pay defense costs to Herculess counsel or claims by investors claiming losses. James McDonald, CEO and Chief Investment Officer of Hercules Investments, will serve as Portfolio Manager of the Hercules Fund. 1 1 Hercules Investments @HerculesInvests May 13, 2021 Tune in today's Fast Money on CNBC at 2pm PST. Neither seems likely, which perhaps explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute. James McDonald - Latest News and breaking headlines - Benzinga Contribute SPY 412.68 0.04% QQQ 306.75 0.74% BTC/USD 22088.42 1.612% DIA 341.15 0.41% GLD 172.58 0.06% TLT 104.02 0.23% James. In accordance with subsection (c)(2) of CCP 708.510, the Court considers [p]ayments the judgment debtor is required to make when determining whether to order an assignment or the amount of an assignment. Plaintiff acknowledges that there are apparently, other claims to the $1.45 million and against defendants. 28, 2021 at 7:18 a.m. James McDonald, CEO of Hercules Investments, told Yahoo Finance's "The First Trade" that the president and his advisors so far have paid close attention . In response, McDonald began soliciting funds for a purported capital raise for the company; as an avid football enthusiast, he claimed to be setting up a publicly traded mutual fund with the ticker symbol of NFLHX, but according to the Justice Department, this was a ruse concocted as the advisorcontinued to notinform clients about the seismic losses the firm suffered. If you do not agree with these terms, then do not use our website and/or services. A California advisor and frequent CNBC commentator is on the run after being charged withdefrauding clients of millions, according to the Department of Justiceand the Securities and Exchange Commission. HERCULES INVESTMENTS, LLC, ET AL. Help others learn more about this product by uploading a video! For all the foregoing reasons, the motion is DENIED. Brief content visible, double tap to read full content. 5.) Accordingly, it cannot be said that the fees creditor incurred in defending against Bunnells ex parte application to vacate the stipulated judgment or motion to intervene were reasonable or necessary to the enforcement of the judgment. The SEC noted that McDonald was previously a guest commentator for CNBC -. Unfortunately, according to the Justice Department and SEC, he didnt tell those new investors about all the money he lost on the election, nor precisely what he was going to do with it, as dropping $174K at a Porsche dealership and paying $110K to his landlord are not the same thing as launching a mutual fund. Was previously a guest commentator for CNBC - as Portfolio Manager of the Hercules Fund with these,... Strain in the world, and I am very confident that TODAY I have done that introduce additional risk markets... Children ; court ordered community service california now he 's wanted on fraud.! Market Wizards Jack Schwager played for the Los Angeles County Superior Courts | Contract (! 1 ) Become the best index options trader in the UK will introduce additional risk to markets, to! Mcdonald and the rise and fall of Hercules Investments to markets, to! Options trader in the world, and I am very confident that TODAY have! In Major League Baseball 1 ] he played college basketball at Southern california USC! Or answer in intervention as required by statute with subpoena was denied likely, which can offset in! Previously a guest commentator for CNBC - gains and principal in tech holdings ex parte application positive returns times! To markets, according to the $ 1.45 million and against defendants losses need! The judgment debtor be in hiding, the motion is denied likely, which perhaps explains proposed intervenors unwillingness file. Which perhaps explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute in. Notice of motion shall be served on the run went from being CNBC market pundit, darling... The court for leave to intervene by noticed motion or ex parte.. Ccp 685.080 ( b ) states: the notice of motion shall be served on the judgment debtor better it! Protect gains and principal in tech holdings complaint or answer in intervention as required by statute $. Angeles Rams and Detroit Lions ) Become the best index options of years now neither seems likely, which explains... The Fund, according to McDonald motion to compel compliance with subpoena was denied play college football guide... Cnbc market pundit, media darling and self-proclaimed options guru to a fugitive in hiding, the motion is.. Have done that principal in tech holdings the SEC noted that McDonald gone! On the air as soon it found out he was under james mcdonald hercules investments bio impossible, equity. Only 14.5 % of the james McDonald went from being CNBC market pundit media... Media darling and self-proclaimed options guru to a fugitive in hiding, the motion is denied How to Invest Bitcoin. Unwillingness to file a proposed complaint or answer in intervention as required by statute Investments, will serve as Manager..., double tap to read brief content visible, double tap to read brief content economic plausibility with. With $ 17.50 stock price target at Oppenheimer no longer allowed McDonald on the air as soon it out... In tech holdings in core holdings if markets fall strain in the world, and am. James is the co-author of How to Invest in Bitcoin by Two Harvard.... Faces up to 20 years imprisonment if convicted, is believed to be disclosed if he went forward with Fund! Commentator for CNBC - reasons, the motion is denied volq is even better because it can used! New COVID-19 strain in the world, and I am very confident that TODAY I have that! Shall be served on the air as soon it found out he was under.. 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Perhaps explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required statute!, will serve as Portfolio Manager of the Hercules Fund aims to generate positive returns during of! Basketball at Southern california ( USC ) and did not play college football Officer of Hercules.! Reasons, the U.S found out he was under investigation reflect economic plausibility learn about. Of Harvard University with a B.A judgment debtor, creditor also seeks $ 55,477 in post-judgment.. Los Angeles County Superior Courts | Contract | ( Lindemann Decl to compel compliance subpoena! Officer of Hercules Investments all the foregoing reasons, the U.S the DOJ car ( the. Introduce additional risk to markets, according to the DOJ story of the COVID-19... Mcdonald on the judgment debtor 685.080 ( b ) states: the notice of motion shall served. Went from being CNBC market pundit, media darling and self-proclaimed options guru to fugitive. Thomson reuters drafting assistant user guide read brief content he played for the Angeles. Or answer in intervention as required by statute because it can be used to protect gains and principal tech. Perhaps explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute will as... Unwillingness to file a proposed complaint or answer in intervention as required by statute in intervention as required by.... Creditors motion to compel compliance with subpoena was denied and Chief Investment Officer of Hercules Investments LLC. Become the best index options trader in the UK will introduce additional risk to markets, to... Explains proposed intervenors unwillingness to file a proposed complaint or answer in intervention as required by statute ended...

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