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The Receiver is the official publication for all NAFER members. Our Publications Committee keeps our members up to date on recent case rulings and legal briefs, agency and member news, professional papers and other general updates. If it’s important to the receivership and restructuring community, you’ll find it in The Receiver.
Using a Rare Receiver Tool To Give Investors a New Hope
By James D. Sallah and Jeffrey C. Schneider
For the nearly 400 investors of social gaming company Stocket, one day in June 2018 felt like the end of the world when the FBI raided Stocket’s office and exposed a fraud scheme that had taken the investors for millions of dollars. The company’s office had almost nothing left after the FBI confiscated the books, records and computers—leaving only a soon-to-be expired patent for a gaming application.
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- Testimony at Hearing before the Subcommittee on Financial Services and General Government U.S. House Appropriations Committeeon May 17, 2022
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