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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

NFL Concussions

The SEC claims in federal court that Cambridge Capital Group Advisors fka Cambridge Capital Advisors, Phillip Timothy Howard and Don Warner Reinhard raised most of $4.1 million from brain-damaged former NFL players, through knowing or reckless misrepresentations, and misappropriated $973,000 of it “to pay themselves fees and to cover costs associated with Howard’s personal residential mortgages.”

TALLAHASSEE — The SEC claims in a federal complaint that Cambridge Capital Group Advisors fka Cambridge Capital Advisors, Phillip Timothy Howard and Don Warner Reinhard raised most of $4.1 million from brain-damaged former NFL players, through knowing or reckless misrepresentations, and misappropriated $973,000 of it “to pay themselves fees and to cover costs associated with Howard’s personal residential mortgages.”

Categories / Criminal, Securities

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