Deaton joins Linqto creditors committee to boost retail investor recovery. Personal fraud suit bypasses bankruptcy to target the founder’s liability. The dual strategy maximizes pathways to recover funds from the Linqto fallout. John E. Deaton has confirmed his intention to engage with the creditors committee in the Linqto bankruptcy case. This was following a statement from forensic accounting expert Rob Loh, who identified this approach as providing real power in the proceedings. The strategy aims to maximize recovery for retail investors who have been affected by alleged securities fraud. Loh’s analysis highlighted the creditors committee as having actual authority to influence bankruptcy outcomes. This prompted Deaton to validate this pathway as the correct approach. The committee structure provides organized representation for creditors seeking to recover losses from the troubled investment platform. While Linqto is undergoing Chapter 11 bankruptcy procedures in Houston, Deaton has brought a securities fraud class action lawsuit against Sarris, the company’s founder, on behalf of thousands of individual investors. The lawsuit operates independently … The post Deaton Joins Linqto Creditors Panel to Maximize Retail Recovery Amid Fraud Case appeared first on Coin Edition .
