Complaints Hit One of Nevada’s Sports Betting Mutual Funds
Las Vegas Review-Journal, Feb 22, 2018
By Todd Prince
Former clients of Bettor Investments, one of the first sports betting mutual funds in Nevada, are accusing its founder of going “radio silent” and not responding to requests to return their money.
Nine clients said Reno-based Matt Stuart has not responded to emails and calls to pay back promissory notes, according to a January email chain the investors shared with the Las Vegas Review-Journal.
Two clients have filed a complaint with the Nevada secretary of state and the attorney general. Three others have said they plan to file complaints. Jennifer Russell, a spokeswoman for the Nevada secretary of state’s office, declined to confirm the receipt of complaints, saying they are confidential. However, the Review-Journal has seen the complaints filed Thursday.
To read entire article click here.
About McDonald Carano
McDonald Carano has been shaping Nevada’s legal, business, and policy landscape since our founding in 1949. With more than 60 lawyers and government affairs professionals working from offices in Reno, Las Vegas, and Carson City, we are Nevada’s law firm for business. Our local, national and international clients include Fortune 500 corporations, fast-growth and mid-market companies, entrepreneurs and startups, non-profit organizations, government entities, and high-net-worth individuals. Our attorneys deliver cross-discipline, one-stop, business law and government affairs counsel. Please visit mcdonaldcarano.com
You have chosen to send an email to McDonald Carano. The sending or receipt of this email and the information in it does not in itself create an attorney-client relationship. If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers. If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you.
I have read this and want to send an email.