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  2. California Joins Multi-State Group to Recoup Overcharges for...

    dfpi.ca.gov/press_release/california-joins-multi-state-group-to-recoup...

    Download this press release (PDF) SACRAMENTO ” The California Department of Financial Protection and Innovation (DFPI) announced today that investors that purchased retail precious metals from Los Angeles based Lear Capital, Inc. will receive compensation as a part of Lear”s bankruptcy plan.State securities regulators had been investigating Lear for deceptive securities and commodities ...

  3. California Joins Multi-State Group to Recoup Overcharges for...

    dfpi.ca.gov/2023/08/01/california-joins-multi-state-group-to-recoup...

    SACRAMENTO — The California Department of Financial Protection and Innovation (DFPI) announced today that investors that purchased retail precious metals from Los Angeles based Lear Capital, Inc. will receive compensation as a part of Lear’s bankruptcy plan.

  4. Gold Coin Seller Lear Files for Bankruptcy Amid Legal Scrutiny

    www.bloomberg.com/news/articles/2022-03-02/coin-dealer-lear-capital-files...

    Lear Capital Inc., a gold and silver coin dealer previously accused of deceiving customers, filed for bankruptcy in Delaware on Wednesday to streamline any future legal spats.

  5. States Recoup Overcharges for Investors in Commodity Firm ...

    www.michigan.gov/ag/news/press-releases/2023/08/04/states-recoup-overcharges...

    LANSING – Michigan Attorney General Dana Nessel has announced that investors who purchased retail precious metals from Lear Capital will receive compensation as a part of Lear’s bankruptcy plan.

  6. Commission Helps Precious Metal Investors Recoup Overcharges

    azcc.gov/az-investor/news/2023/08/02/commission-helps-precious-metal-investors...

    Under the terms of the bankruptcy plan, Lear Capital will provide $5.5 million to be distributed to investors. All such distributions will be done through the bankruptcy proceeding. Investors who filed a timely bankruptcy claim will receive refunds based on calculations determined by Lear’s bankruptcy plan. In addition, Lear Capital will ...

  7. DFI News Release - Wisconsin

    dfi.wi.gov/Pages/About/NewsEvents/NewsReleases/20230801LearCapitalSettlement.aspx

    MADISON, Wis. – The Wisconsin Department of Financial Institutions (DFI) today announced that investors who purchased retail precious metals from Lear Capital will receive compensation as part of Lear’s bankruptcy plan.

  8. Commissioner Downing Announces Lear Capital Investors Will...

    csimt.gov/2023/08/01/commissioner-downing-announces-lear-capital-investors...

    State Auditor and Securities Commissioner Troy Downing announced today that investors who purchased retail precious metals from Lear Capital are eligible for compensation as a part of Lear’s bankruptcy plan.

  9. Lear Capital Files for Bankruptcy to Weather Potential Legal...

    www.wsj.com/articles/lear-capital-files-for-bankruptcy-to-weather-potential...

    Lear Capital Inc., a gold- and silver-coin dealer, filed for chapter 11 on Wednesday to address potential future legal claims tied to the company’s sales practices and customer disclosures.

  10. Division of Financial Regulation : Oregon among states to recoup...

    dfr.oregon.gov/news/news2023/Pages/20230828-lear-capital-settlement.aspx

    Investors who purchased retail precious metals from Lear Capital are eligible to receive compensation as a part of Lear’s bankruptcy plan, the Oregon Division of Financial Regulation announced today.

  11. Texas Joins Multi-State Group to Recover Overcharges for...

    ssb.texas.gov/news-publications/texas-joins-multi-state-group-recover...

    August 2, 2023 – The Texas State Securities Board (TSSB) announces investors who purchased retail precious metals from Lear Capital will receive compensation as a part of Lear’s bankruptcy plan.