Current Active SEC and ARDC Filings
This post reflects a short summary of active allegations submitted in regulatory official filings with supporting evidence submitted listed and is intended solely for informational purposes.
SEC Filings Summary
10/29 | 12:45 EST Allegations: nuEra Cannabis allegedly failed to disclose an ongoing equity and breach of contract lawsuit while raising capital, misleading investors. Claims also include fraudulent conveyance via profit-diverting management agreements and potential perjury in legal filings. Evidence: Complaint, Man-Sing LLC documents, Defendant responses, proof of capital-raising efforts.
10/30 | 2:28 EST Allegations: Robert Fitzsimmons allegedly issued a retaliatory buyout demand, potentially disrupting legal strategy, applying financial pressure, and evading litigation liabilities. Evidence: Business plan, Operating agreements, Buyout demand letter.
12/17 | 11:48 EST Allegations: nuEra is accused of fraudulent conveyance to conceal financial misconduct, failure to disclose material risks, misrepresentation of valuation, and contradictory sworn statements, potentially constituting systemic securities fraud. Evidence: Signed sworn statements from June and December filings.
12/17 | 2:04 EST Allegations: nuEra allegedly transferred 100% of profits to Man-Sing LLC during active litigation without disclosure, violating transparency obligations. Contradictory sworn statements further suggest attempts to conceal material risks and mislead courts and regulators. Evidence: DuPage County TRO, Complaint, Petition, and Order.
12/22 | 1:22 EST Allegations: A dispensary originally permitted under nuMed Partners LLC was transferred to Prairie Cannabis under the name of Robert Fitzsimmons’ wife without disclosure, allegedly shielding assets. The transfer aligns with findings of profit transfers and regulatory non-compliance. Evidence: Permits, articles, and LLC ownership records.
12/31 | 7:15 EST Allegations: A $100 settlement check, pre-cut before rejection, allegedly exemplifies bad-faith tactics to mislead regulators and delay proceedings. Combined with asset transfers and new LLC formations, this reflects a broader strategy of fraudulent conveyance. Evidence: Buyout demand letter, rejection, pre-cut check, Cloonlara-Hughes Limited Partnership filings, LLC formation records.
1/9 | 7:24 EST Allegations: nuEra leadership and legal counsel allegedly engaged in bad-faith actions, including discovery non-compliance, fraudulent valuations, and commingling corporate funds for personal disputes, raising concerns about financial integrity and regulatory violations. Evidence: Danville City Council minutes, communications, and corporate disclosures.
ARDC Complaints Summary
12/17 | 11:14 CST Allegations: Robert S. Minetz of Latimer LeVay And Fyock LLC allegedly submitted contradictory sworn statements in Cook County Case No. 2023L008973 and failed to disclose related litigation in DuPage County, potentially misleading courts and stakeholders. Evidence: Conflicting statements from June and December filings, DuPage County documents, and consulting agreements.
12/17 | 12:32 CST Allegations: Minetz allegedly failed to disclose critical legal proceedings and asset transfers, potentially breaching fiduciary duties and misleading stakeholders about material risks. Evidence: Cook County filings, DuPage litigation records, and exhibits showing fiduciary concerns.
1/9 | 5:26 CST Allegations: Minetz is accused of obstructing justice through a $300 asset valuation, a $100 settlement check, and ongoing discovery non-compliance, potentially undermining judicial processes. Evidence: October 2024 buyout demand letter, December 2024 settlement check, and January 2025 letter confirming his involvement.
This post is shared in the spirit of advocating for transparency and accountability, using my personal experience to highlight broader systemic concerns. The content reflects only active ongoing filings and remains focused on raising awareness for improvement in governance.