Sign In
Step 1
Draft
Step 2
Unite with Fellow Investors
Step 3
Choose the Best Attorney
Step 4
Provide Documents
Step 5
Follow Case Progress
Step 6
Get Payout
WNTCu.FI
id: 464

Bio Profit Funds $4.35MM Investor Settlement

The settlement funds have been distributed to claimants.
$4,350,000
Cash Settlement
W.D. New York
Court
6:14-cv-06631
Case number
01/01/2000
Class period Start
11/11/2022
Class period End
01/04/2023
Claim deadline
Bio Profit Litigation

Wilmington Trust Company and other Defendants agreed to pay $4.35 million to settle a class action lawsuit to avoid further litigation.

Those who invested money in the Bio Profit Funds (BPS I, BPS II, BPS III, BPS V, or Velocity Valley & Grand) offered by Velocity Investment Group, Inc., and lost money as a result of your investment, may be entitled to a payment from a class action settlement.
Case Type
US Securities Class Action
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Derivative (Futures, Option, SWAP)
Trade Direction
Long
Plaintiffs
Yao-Yi Liu, Tung-Hung Hsieh, Chiu-Pao Tsai
Attorneys
Rosca Scarlato, LLC
Judge
Hon. Elizabeth A. Wolford
Administrator
Strategic Claims Services
Court hearing date
01/11/2023
Trades matching type
FIFO

Frequently Asked Questions

How Do Class Action Settlements Work and How Can Investors Get Paid?

How Can Financial Institutions Recover Settlement Funds with 11th.com?

Why Do Investors Trust 11th.com?

Trusted by industry leaders

Endorsed by top professionals who trust our innovative solutions to drive impactful results.