About me
Allen Matkins partner Ted Fates has extensive experience in handling all aspects of equity receiverships initiated by federal regulatory agencies and pursuing litigation against professionals, financial institutions, and recipients of profits from fraudulent schemes. His clients include equity receivers appointed for various securities trading and investment firms, real estate and healthcare industry lenders, internet-based investment programs, and Ponzi schemes. Collectively, these entities raised more than $2.5 billion from their participants. In equity receiverships, Ted’s work often involves selling unique and complex assets—from movie rights, intellectual property, and luxury real estate, yachts, and cars to non-traditional manufacturing facilities and business operations. Where equity receiverships involve victims of fraud, Ted has handled cases involving tens of thousands of claims, establishing an orderly, efficient process for validating claims and resolving claim disputes, as well as obtaining court approval of distribution plans tailored to the unique equities of the case.