Articles Posted in Grifphon

FOR IMMEDIATE RELEASE THREE MORE TRADERS IMPLICATED IN GRIFPHON PONZI SCHEME As reported in a December 6th article in The Oregonian, the Securities and Exchange Commission has charged three more men with securities violations in connection with Grifphon Asset Management. The Grifphon Alpha Fund was the $37 million hedge fund scheme run by Yusaf Jawed…

Our office has completed two cases representing six investors over losses in the Grifphon Alpha Fund. Even the most trusting investors now understand that the numerous promises made over the past two years by investment advisors, lawyers and fund managers that the fund would pay were completely false. Now that we have completed two cases,…

Banks Law Office represents 6 investors who have made claims as a result of investing more than $1 million in Grifphon funds. Bob Banks was quoted on Page 1 of the Portland Business Journal on August 26, 2011 in yet another article about Grifphon and its failure to pay its investors or produce records. We…

Banks Law Office is representing five investors in the Grifphon Alpha Funds. We have not filed any claims against Grifphon or its management in these cases. Rather, we are pursuing claims against the bank, investment advisors and brokerage firm that recommended Grifpon to our clients. Our clients are in California and Oregon. Four of the…

Grifphon Hedge Fund Settles Lawsuit A Portland hedge fund is on the verge of liquidating its assets and restructuring after settling a major lawsuit with one of its investors. Husband and wife Edward and Linda Gilbert sued Yusaf Jawed, owner of the Pearl District hedge fund Grifphon Asset Management LLC, in December 2009 for roughly…