StraightPath Venture Partners, StraightPath Management, Brian Martinsen, Michael Castillero, Francine Lanaia, and Eric Lachow

Date:

May 25, 2022

Type of alert:

SEC Complaint  

The SEC obtained asset freezes and other emergency relief against StraightPath Venture Partners LLC, StraightPath Management LLC, Brian K. Martinsen, Michael A. Castillero, Francine A. Lanaia, and Eric D. Lachow. The group allegedly sold pre-IPO shares, pocketed fees, and made Ponzi scheme-like payments. They raised at least $410 million from 2,20­­0 investors.

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