Medical Capital Holdings
Medical Capital Holdings is a medical receivables financing company that
provides financing to healthcare providers by buying their accounts receivable
and making secured loans. In 2009, the SEC filed a complaint against Medical
Capital Holdings, Inc. for alleged securities fraud. Around that same
time, a U.S. District judge froze the company's assets and prohibited
the sale of any additional securities.
A receiver has been appointed. The SEC alleges that the financial services company committed fraud as
far back as 2003.
Receivership essentially means that the court-appointed receiver is selling
the assets of the company at non-profitable discounts in order to pay
off all the debts owed by the firm. This is usually accomplished through
liquidation. Since Medical Capital Holdings has been frozen, they are
no longer a functioning company. To put it bluntly, the firm is in the
middle of a large-scale garage sale to pay off what it owes to investors.
Contact Us Today for a Free Case Evaluation
If you have suffered losses as a result of the negligence or fraud of a
MedCap representative, you have to act fast. The Receiver is still active
as of July 2015, but in order to reclaim your losses, you’ll need
experienced representation. Meyer Wilson investment fraud attorneys have
the skill and resources to recover your assets in the midst of the chaos
of receivership. Let us lead you through the process of rebuilding your
financial foundation while holding the guilty parties responsible.
To determine whether you can hold Medical Capital Holdings responsible
for your losses, call us at 888-390-6491 or complete our online form for a
free case evaluation.