Bill Hambrecht Hit By New Multi-Million-Dollar Federal Lawsuit

Yet another multi-million-dollar lawsuit over unkept personal guarantees has been filed against financier/vintner William R. “Bill” Hambrecht.

 

Hambrecht has lost a steady series of similar lawsuits among more than $22.5 million in judgments since April 2012. (See links at the bottom of this article for Wine Industry Insight coverage.)

 

Hambrecht’s failure to disclose those judgments as required by the Financial Industry Regulatory Authority resulted in his being banned  from working in the securities industry for a year. That ban lasts until March 27, 2017.

 

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Complete legal and regulatory documents available for Wine Executive News premium subscribers:

• Complaint
• Copies of personal guarantees
• Finra report on Hambrecht as of May 23, 2016

Previous Wine Industry Insight coverage:

• Hambrecht Debt and Legal Woes Keep Mounting
• Hambrecht Sells Floodgate Vineyard To Pay Obligations
• Truett-Hurst Sues Hambrecht Over Winery Eviction Effort
• Hambrecht To Leave Truett-Hurst Board
• Mapping Part of The Hambrecht Empire
• Floodgate: Prime Sonoma Vineyard,150K-case winery Sold for $100 (Not A Typo)
• Truett-Hurst Pays Hambrecht $2.1 Million In Fees For IPO
• Truett-Hurst Insiders Bail Out IPO, Trading Begins

 

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