Grocery Outlet
Single case litigation funding, consumer protection.
Invested:
$7,500
Min Investment:
$2.5k
Funding Goal:
$7.5k
Status:
Completed
Investors:
1
IRR:
70%
Investment Summary
** Update:
The investment opportunity centers around a fund raising $85k allocated towards pre-litigation class action settlements. These settlements are strategically aimed at resolving cases before they proceed to trial, reducing legal complexities and potential costs. Our focus lies within consumer protection laws, primarily in key jurisdictions such as California, Illinois, New York, and Florida with a primary emphasis on California, known for its robust consumer protection regulations.
This fund will focus on pre-litigation class action settlements to avoid the complexities of litigation while expediting returns for investors. Pre-litigation is also less costly, enabling us to fund multiple cases (6) at once. Bundling cases allows for a diversified investment effectively mitigating risk.
Series Name:
SERIES 1
Term:
The Series will participate the lawsuit until they have been settled and/or adjudicated which time all Investors will be paid in accordance with the PPM.
Investment Classes & Preferences:
This Series offers 3 non-voting investment classes. Each class shall receive the cumulative, Pro Rata share of the profits of this Series listed below based on investment amount. Preferred Return
Class A: (90% Pro Rata share) - Investment: $5,001+
Class B: (80% Pro Rata share) - Investment: $2,500 - $5,000
Example One:
If an investor invests all $7.5k (100% of the fund) putting them in class “A” and the fund resolves making $33,000 the investor would be entitled to 90% of the total return which is $29,700.
Example Two:
If an investor invests $2,500 (33.3% of the fund) putting them in class “B” and the fund resolves making $33,000 the investor would be entitled to 80% of $ (33.3% of the total amount made) which is $8,791.