SkyBridge Sues Premium Point Investments, its Top Officers, and Administrator

On Monday June 25, Sadis & Goldberg LLP filed a $79 million dollar lawsuit against Premium Point Investments and its top officers, and others responsible for amongst other things, fraudulently inducing SkyBridge to invest in the Premium Point Funds. Premium Point’s officers are already the subject of a U.S. Justice Department criminal prosecution and SEC enforcement action. A copy of the Complaint can be found here.

For reference regarding the SkyBridge Lawsuit, please see the following articles:

Sadis & Goldberg LLP does not comment on pending litigation, and is not entertaining requests for comment at this time. Thank you.