Tag Archives: sue

Crowdfunder Yanked From Kickstarter; Sues

Kickstarter is involved in its first high profile lawsuit filed by Kristen “M.K.” Ducote, the author of a book, entitled “Naked Paddock,” about life, love and drama in the world of professional motorsports. KickStarter approved her project to fund the … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

It’s A Contract

If I promise to deliver to you product X in exchange for $Y, what is that? It’s a legally binding contract. If I take your $Y, put it in my personal bank account and do not deliver your product X … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, SEC, Small Business, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment