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Princeton alternative funding llc, microbilt corporation ...

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Microbilt is a consumer credit reporting company that specializes in subprime consumer data. it sells a variety of products and services ... 37 pages
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UNITED STATES DISTRICT COURTDISTRICT OF NEW JERSEYSECURITIES AND EXCHANGECOMMISSION,Plaintiff,v.PRINCETON ALTERNATIVEFUNDING LLC, MICROBILTCORPORATION, PHILIP N.BURGESS, Jr., WALTERWOJCIECHOWSKI, and JOHNCOOK, Jr.,Defendants.No.JURY DEMANDCOMPLAINTPlaintiff Securities and Exchange Commission (“SEC” or “Commission”) files thisComplaint against Defendants Princeton Alternative Funding LLC (“PAF”), MicrobiltCorporation (“Microbilt”), Philip N. Burgess, Jr. (“Burgess”), Walter Wojciechowski(“Wojciechowski”), and John “Jack” Cook, Jr. (“Cook”) (collectively “Defendants”), and allegesas follows:INTRODUCTION1. From March 2015 through February 2017 (the “Relevant Period”) Defendantssolicited investors to buy limited partnership interests in the Princeton Alternative Income Fund,LP (“PAIF”) and its offshore feeder fund, Princeton Alternative Income Offshore Fund, Ltd.(“PAIOF”) (together with PAIF, the “Fund”) through materially false and misleading statementsregarding: (1) the management team o...