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...
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