Defendant Name:
Michael Fralin
Defendant Type:
Individual
Initial Case Details
Legal Case Name
In the Matter of Taberna Capital Management, LLC Michael Fralin and Raphael Licht
First Document Date
02-Sep-2015
Initial Filing Format
Administrative Action
File Number
3-16776
Allegation Type
Investment Advisers/Investment Companies
Affiliations
- Former: Vice President at Taberna Capital Management, LLC (2007—2010)
- Former: Vice President at RAIT Financial Trust (2007—2010)
- Former: Managing Director at Taberna Capital Management, LLC (2007—2010)
- Former: Managing Director at RAIT Financial Trust (2007—2010)
Violations Alleged
Related Violations Alleged
Michael Fralin is alleged to have aided and abetted
Taberna Capital Management, LLC's violation of Sections 206(2), 206(4) Advisers Act; Rule 206(4)-8 Advisers Act (willfully/knowingly).
Michael Fralin is alleged to have caused
Taberna Capital Management, LLC's violation of Sections 206(2), 206(4) Advisers Act; Rule 206(4)-8 Advisers Act (willfully/knowingly).
Resolutions
Bars:
- Bar on practicing before the SEC as an Attorney for 5 years
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 5 years
- Prohibited from serving in various capacities for an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter for 5 years
First Resolution Date
02-Sep-2015
Headline Total Penalty and Disgorgement
$100,000
Other Defendants in Action:
