Litigation
Apr. 1, 2016
SF-based venture capitalist to pay $5.7 million to settle SEC claims
San Francisco-based venture capitalist G. Steven Burrill has agreed to settle Securities and Exchange Commission claims that he tapped a fund his firm managed to pay for a "lavish lifestyle" and support his other struggling businesses.
Daily Journal Staff Writer
San Francisco-based venture capitalist G. Steven Burrill has agreed to settle Securities and Exchange Commission claims that he tapped a fund his firm managed to pay for a "lavish lifestyle" and support his other struggling businesses.
According to the SEC, which announced the resolution Wednesday, Burrill took money from Burrill Life Sciences Capital Fund III to pay for...
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?
Sign In