This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Perspective

Jul. 21, 2012

Does crowdfunding beget crowd-frauding?

A few things to consider before revving up the crowdfunding. By Joel Fishman of Gladstone Michel Weisberg Willner & Sloane ALC


By Joel L. Fishman


Many clients have begun inquiring about "crowdfunding" as a mechanism for raising money for their businesses, particularly in light of the crowdfunding provisions of the JOBS Act signed by President Barack Obama on April 5. Crowdfunding is a method through which startup and other stage companies can seek financing by offering interests in their companies to the "crowds" searching the Internet for investment opportunities.

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up