LIT UPDATE SINCE THE JUNE 2022 SEC LEGAL ACTION
The receiver is updating via the website https://boroncap.com/
On June 14, 2022, the Securities and Exchange Commission (“SEC”) filed a Complaint in the United States District Court for the Northern District of Texas, Lubbock Division (the “Court”) against Boron Capital, LLC, BC Holdings 2017, LLC, United BNB Fund 2018, LLC, and Blake Robert Templeton (collectively defined above as the “Receivership Defendants”) and individuals. The Court has entered a series of Orders in this matter, including an Order Appointing Receiver on June 14, 2022.
The Court has appointed Albert C. (Tre’) Black, III as the Receiver over the Receivership Defendants, and has ordered Mr. Black to, among other activities, “use reasonable efforts to determine the nature, location and value of all property interests of the Receivership Defendants” and to “take custody, control, and possession of all Receivership Property and records relevant thereto from the Receiver Defendants” (the “Receivership Property” or, collectively, the “Receivership Estates”). In addition, as Receiver, Mr. Black is responsible to “manage, control, operate and maintain the Receivership Estates and hold in his possession, custody and control all Receivership Property, pending further Order of this Court.” Pursuant to Section III of the Order Appointing Receiver, the Receivership Defendants are ordered to turn over to Receiver “all….electronic information of, and/or relating to, the Receivership Defendants and/or all receivership Property.”
You may contact Albert C. (Tre’) Black at tblackrcvr@gmail.com or 214-764-6836.
Files:
- 2022.06.15 – Order Appointing Receiver
- 2022.08.03 – Receiver’s First Interim Report
- 2022.12.05 – Receiver’s Second Interim Report
- 2023.03.12 – Receiver’s Third Interim Report
- Exhibit 1 – Interim Cash Reports 12/31/2022
- Exhibit 2 – YTD P&L to Receiver
- Exhibit 3 – Dallas Oasis Trended Income Statement 2022
- Exhibit 4 – Investor Data Sheet
- Exhibit 5 – 3910 Fairwood Expenses
SEC Halts Fraudulent Real Estate-Related Investment Offerings
Litigation Release No. 25423 / June 15, 2022
REPUBLISHED BY LIT: JUN 22, 2022
The SEC’s complaint alleges that Templeton has raised more than $18.7 million since 2011 by selling securities issued by Boron, BC Holdings, and United in unregistered offerings.
In the United offering, which began in 2018, Templeton allegedly promised investors that they would receive 8% annualized returns secured by a UCC-1 lien and a mortgage on real estate.
The complaint alleges, however, that Templeton never filed the UCC-1 lien and failed to file a deed of trust to secure United’s interest in the real estate until 2021.
The complaint further alleges that, before filing the deed of trust, Templeton, in undisclosed transactions, granted a prior deed of trust to a large BC Holdings investor and signed an agreement subordinating United’s interest in the real estate to that of the large investor.
The complaint also alleges that Templeton falsely represented to investors that United would provide audited financial statements annually and that a renowned business consultant served on Boron’s board of directors.
In the BC Holdings offering, which began in 2021, Templeton allegedly represented to investors that their investments-on which he promised returns ranging from 10% to 12.5%-would be secured by real estate.
But as alleged, these investments too were subject to the large BC Holdings investor’s undisclosed priority deed of trust and subordination agreement.
The underlying real estate purportedly securing the investments of the United and BC Holdings investors allegedly produced insufficient revenue to satisfy promised investor returns, so Templeton made Ponzi payments to some investors.
The complaint further alleges that the note for the large BC Holdings investor matured on December 15, 2021, and the note’s extension periods expired on March 15, 2022.
With penalties, BC Holdings allegedly now owes the large investor more than $4 million, secured by this investor’s superior deed of trust on the property.
However, the complaint alleges that tax-assessor records show an appraised market value of just $2.15 million for the property, leaving investors at substantial risk of losing their entire investments.
At the SEC’s request, the Court issued a temporary restraining order halting the offering, as well as orders freezing defendants’ assets, appointing a receiver, and granting other emergency relief.
The Court has scheduled a hearing for June 28, 2022 on the SEC’s motion for preliminary injunction.
The SEC’s complaint charges Templeton, Boron, BC Holdings, and United with violating the securities-registration provisions of Sections 5(a) and 5(c) of the Securities Act of 1933 and the antifraud provisions of Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
In its complaint, the SEC seeks permanent injunctions, civil penalties, and disgorgement of ill-gotten gains, with prejudgment interest, against each defendant.
The SEC’s investigation was conducted by Melanie K. Good and Jody Z. Moore and was supervised by Timothy S. McCole and Eric R. Werner of the Fort Worth Regional Office.
The litigation is being conducted by Matthew J. Gulde and supervised by B. David Fraser.
Securities And Exchange Commission v. Boron Capital, LLC
(4:22-mc-01053)
District Court, S.D. Texas, Judge Al Bennett
REPUBLISHED BY LIT: JUN 25, 2022
Albert Black, III
U.S. District Court
SOUTHERN DISTRICT OF TEXAS (Houston)
CIVIL DOCKET FOR CASE #: 4:22-mc-01053
| Securities And Exchange Commission v. Boron Capital, LLC et al Assigned to: Judge Alfred H Bennett
|
Date Filed: 06/20/2022 Date Terminated: 07/14/2022 |
| Date Filed | # | Docket Text |
|---|---|---|
| 06/20/2022 | 1 |
Receiver’s Section 754 Notice/Other Miscellaneous Relief ( Filing fee $ 49 receipt number ATXSDC-28342988.) filed by Albert C. Black, III. (Attachments: # 1 Exhibit A – Complaint, # 2 Exhibit B – Order Unsealing Case, # 3 Exhibit C – Order Appointing Receiver)(Roossien, Dennis) (Entered: 06/20/2022) |
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| Transaction Receipt | |||
| 07/16/2022 08:38:44 |
So we were swingin’ past Blake’s YouTube channel with over 300 videos promoting his ponzi scam and we really thought that would be shut down, but he’s still posting away new videos.
What’s even more curious is this N.D. Texas case has been redirected on courtlistener, rather than shown as two separate but related case, e.g. as a separate and additional district claim to property. We find that unusual to say the least.
Update July 1, the redirect has mysteriously been fixed, N.D. Texas case is back where it should be, on it’s own docket and page.
The case is assigned to Judge Al Bennett’s chambers in S.D. Houston.
So there’s somethin’ goin’ on and we’ll be monitoring closely as this case is all about the $$$$.
Linkedin Profile
Albert C. Black, Jr. lives his personal and professional life with a commitment to his faith, family, friends, and to the free-enterprise system.
He serves as President of On-Target Supplies & Logistics, Ltd. a corporate supply chain management company he co-founded in 1982.
His role as the organization’s chief executive has never restricted him from serving the public as a volunteer and community leader.
Mr. Black was born in 1959, the youngest of seven children and raised in the Frazier Courts housing projects in South Dallas.
He attended Dallas public schools before attending college on an athletic scholarship.
He is a graduate of The University of Texas at Dallas (BGS, 82) and the Cox School of Business at SMU (MBA, 95).
An entrepreneur early in life, Albert is one with an agenda, to establish and develop successful companies in the inner-city.
Since the age of ten, he has cherished the ability to create jobs, improve the conditions of communities and coordinate the business activities of people.
Over the years his experience as a manager and leader has been formed by hard work, long hours and recovering from a lot of mistakes.
As President of On-Target Supplies & Logistics, Albert’s primary responsibilities are to assure the growth in profitability of the firm while guiding the transformation of the company’s management team.
The business has evolved from one that was firmly managed by a loyal entrepreneurial class of employees to a company that requires well trained, experienced professional people in every management position.
This development is taking place with the company’s mission and values in place.
On-Target’s central offices are located in southern Dallas with additional logistics operations throughout DFW, Sherman, Houston and Tucson, AZ.
Specialties:
He currently serves as a Chairman-elect of Baylor Health Care System Board of Trustees, a Regent of Baylor University, where he serves on the finance, marketing and development committees and Director of Southern Methodist University’s Cox School of Business.
Additionally, he is the Treasurer for State Senator Royce West and recently elected Mayor of Dallas, Tom Leppert.
U.S. District Court
SOUTHERN DISTRICT OF TEXAS (Houston)
CIVIL DOCKET FOR CASE #: 4:22-mc-01053
Create an Alert for This Case on RECAP
| Securities And Exchange Commission v. Boron Capital, LLC et al Assigned to: Judge Alfred H Bennett
|
Date Filed: 06/20/2022 |
| Plaintiff | ||
| Securities And Exchange Commission | represented by | Securities And Exchange Commission PRO SE |
| V. | ||
| Defendant | ||
| Boron Capital, LLC | ||
| Defendant | ||
| BC Holding 2017, LLC | ||
| Defendant | ||
| United BNB Fund 2018, LLC | ||
| Defendant | ||
| Blake Robert Templeton | ||
| Date Filed | # | Docket Text |
|---|---|---|
| 06/20/2022 | 1 | Receiver’s Section 754 Notice/Other Miscellaneous Relief ( Filing fee $ 49 receipt number ATXSDC-28342988.) filed by Albert C. Black, III. (Attachments: # 1 Exhibit A – Complaint, # 2 Exhibit B – Order Unsealing Case, # 3 Exhibit C – Order Appointing Receiver)(Roossien, Dennis) (Entered: 06/20/2022) |
| PACER Service Center | |||
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| Transaction Receipt | |||
| 06/25/2022 15:40:46 |
Securities and Exchange Commission v. Boron Capital, LLC
(7:22-mc-00145)
District Court, W.D. Texas
JUN 20, 2022 | REPUBLISHED BY LIT: JUN 25, 2022
U.S. District Court [LIVE]
Western District of Texas (Midland)
CIVIL DOCKET FOR CASE #: 7:22-mc-00145-UA
| Securities and Exchange Commission v. Boron Capital, LLC et al Assigned to: Judge Unassigned
Cause: 28:754 Receiver of Property in Different Districts |
Date Filed: 06/20/2022 Date Terminated: 06/22/2022 Nature of Suit: 890 Other Statutory Actions Jurisdiction: Federal Question |
| Receiver | ||
| Albert C. Black | represented by | Dennis L. Roossien , Jr. Munsch Hardt Kopf & Harr, PC 500 N. Akard Street 3800 Lincoln Plaza Dallas, TX 75201 (214) 855-7500 Fax: 214/855-7584 Email: droossien@munsch.com LEAD ATTORNEY ATTORNEY TO BE NOTICED |
| Plaintiff | ||
| Securities and Exchange Commission | represented by | Matthew J. Gulde U.S. Securities and Exchange Commission 801 Cherry St Unit 18 Burnett Plaza Suite 1900 Fort Worth, TX 76102 817-978-1410 Fax: 817-978-4927 Email: guldem@sec.gov LEAD ATTORNEY ATTORNEY TO BE NOTICED |
| V. | ||
| Defendant | ||
| Boron Capital, LLC | ||
| Defendant | ||
| BC Holding 2017, LLC | ||
| Defendant | ||
| United BNB Fund 2018, LLC | ||
| Defendant | ||
| Blake Robert Templeton | ||
| Date Filed | # | Docket Text |
|---|---|---|
| 06/22/2022 | 1 | COPY of COMPLAINT for RECEIVER (Miscellaneous Filing fee receipt number 142), filed by Securities and Exchange Commission. (Attachments: # 1 Exhibit 1, # 2 Civil Cover Sheet)(jb3) (Entered: 06/22/2022) |
| 06/22/2022 | 2 | COPY of ORDER Appointing Albert C. Black III as Receiver for the estates of the Receivership Defendants. (jb3). (Entered: 06/22/2022) |
| PACER Service Center | |||
|---|---|---|---|
| Transaction Receipt | |||
| 07/16/2022 08:42:31 |
We note the appearance of a case in W.D. Texas, so 3 out of the 4 districts have Boron assets.
U.S. District Court [LIVE]
Western District of Texas (Midland)
CIVIL DOCKET FOR CASE #: 7:22-mc-00145-UA
| Securities and Exchange Commission v. Boron Capital, LLC et al Assigned to: Judge Unassigned
Cause: 28:754 Receiver of Property in Different Districts |
Date Filed: 06/20/2022 Date Terminated: 06/22/2022 Nature of Suit: 890 Other Statutory Actions Jurisdiction: Federal Question |
| Receiver | ||
| Albert C. Black | represented by | Dennis L. Roossien , Jr. Munsch Hardt Kopf & Harr, PC 500 N. Akard Street 3800 Lincoln Plaza Dallas, TX 75201 (214) 855-7500 Fax: 214/855-7584 Email: droossien@munsch.com LEAD ATTORNEY ATTORNEY TO BE NOTICED |
| Plaintiff | ||
| Securities and Exchange Commission | represented by | Matthew J. Gulde U.S. Securities and Exchange Commission 801 Cherry St Unit 18 Burnett Plaza Suite 1900 Fort Worth, TX 76102 817-978-1410 Fax: 817-978-4927 Email: guldem@sec.gov LEAD ATTORNEY ATTORNEY TO BE NOTICED |
| V. | ||
| Defendant | ||
| Boron Capital, LLC | ||
| Defendant | ||
| BC Holding 2017, LLC | ||
| Defendant | ||
| United BNB Fund 2018, LLC | ||
| Defendant | ||
| Blake Robert Templeton | ||
| Date Filed | # | Docket Text |
|---|---|---|
| 06/22/2022 | 1 | COPY of COMPLAINT for RECEIVER (Miscellaneous Filing fee receipt number 142), filed by Securities and Exchange Commission. (Attachments: # 1 Exhibit 1, # 2 Civil Cover Sheet)(jb3) (Entered: 06/22/2022) |
| 06/22/2022 | 2 | COPY of ORDER Appointing Albert C. Black III as Receiver for the estates of the Receivership Defendants. (jb3). (Entered: 06/22/2022) |
| PACER Service Center | |||
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| Transaction Receipt | |||
| 07/01/2022 20:00:51 |
Securities and Exchange Commission v. Boron Capital, LLC, BC Holdings 2017, LLC, United BNB Fund 2018, LLC, and Blake Robert Templeton,
No. 5:22-cv-0114-C
(N.D. Tex. filed June 14, 2022)
REPUBLISHED BY LIT: JUN 22, 2022
AGREED PRELIMINARY INJUNCTION, ASSET FREEZE. AND ORDER FOR OTHER EOUITABLE RELIEF:
Having considered the Motion for a Preliminary Injunction, Temporary Restraining Order, Asset Freeze, and Other Emergency Relief (the “TRO Motion”) filed by plaintiff U.S. Securities and Exchange Commission (“Commission”), as well as the Complaint, the Commission’s Brief in Support of the TRO Motion and accompanying evidentiary materials, and also the Consent of Defendant Blake Robert Templeton (“Defendant”) to Preliminary Injunction, Asset Freeze, and Order for Other Equitable Relief.
IT IS HEREBY FURTHER ORDERED that, pending further order of this Court, the order barring the destruction of documents imposed by paragraphs 23-24 of the Temporary Restraining Order shall continue in full force and effect.
IT IS HEREBY FURTHER ORDERED that this Preliminary Injunction shall remain in effect until entry of a Final Judgment or other final disposition of this action.
IT IS HEREBY FURTHER ORDERED that the hearing on the Commission’s Motion for a Preliminary Injunction, scheduled to take place on June 28, 2022 at9:00 a.m. is canceled.
(Ordered by Senior Judge Sam R Cummings on 6/29/2022) (bdg) (Entered: 06/29/2022)
U.S. District Court
Northern District of Texas (Lubbock)
CIVIL DOCKET FOR CASE #: 5:22-cv-00114-C
| Securities and Exchange Commission v. Boron Capital LLC et al Assigned to: Senior Judge Sam R Cummings Cause: 15:78m(a) Securities Exchange Act |
Date Filed: 06/14/2022 Jury Demand: Plaintiff Nature of Suit: 850 Other Statutes: Securities/Commodities/Exchange Jurisdiction: U.S. Government Plaintiff |
There are proceedings for case 5:22-cv-00114-C but none satisfy the selection criteria.
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| Transaction Receipt | |||
| 10/09/2022 17:54:41 |
U.S. District Court
Northern District of Texas (Lubbock)
CIVIL DOCKET FOR CASE #: 5:22-cv-00114-C
| Securities and Exchange Commission v. Boron Capital LLC et al Assigned to: Senior Judge Sam R Cummings Cause: 15:78m(a) Securities Exchange Act |
Date Filed: 06/14/2022 Jury Demand: Plaintiff Nature of Suit: 850 Other Statutes: Securities/Commodities/Exchange Jurisdiction: U.S. Government Plaintiff |
| Plaintiff | ||
| Securities and Exchange Commission | represented by | Matthew J Gulde-SEC US Securities and Exchange Commission 801 Cherry Street Suite 1900, Unit # 18 Fort Worth, TX 76102 817-978-1410 Fax: 817-978-4927 Email: guldem@sec.gov LEAD ATTORNEY ATTORNEY TO BE NOTICED Bar Status: Admitted/In Good Standing |
| V. | ||
| Defendant | ||
| Boron Capital LLC | ||
| Defendant | ||
| BC Holdings 2017 LLC | ||
| Defendant | ||
| United BNB Fund 2018 LLC | ||
| Defendant | ||
| Blake Robert Templeton | ||
| Receiver | ||
| Albert C Black, III | represented by | Dennis L Roossien Munsch Hardt Kopf & Harr PC 3800 Lincoln Plaza 500 N Akard St Dallas, TX 75201 214-855-7535 Fax: 214-855-7584 Email: droossien@munsch.com LEAD ATTORNEY ATTORNEY TO BE NOTICED Bar Status: Admitted/In Good StandingJames M McGee Munsch Hardt Kopf & Harr PC 500 N Akard Street, Suite 3800 Dallas, TX 75201 214-855-7515 Fax: 214-855-7584 Email: jmcgee@munsch.com ATTORNEY TO BE NOTICED Bar Status: Admitted/In Good StandingKelly Elizabeth Wise Munsch Hardt Kopf & Harr, P.C. 500 N. Akard Street Suite 3800 Dallas, TX 75201 214-880-1051 Fax: 214-855-7584 Email: kwise@munsch.com ATTORNEY TO BE NOTICED Bar Status: Admitted/In Good Standing |
| Date Filed | # | Docket Text |
|---|---|---|
| 06/14/2022 | 1 | Plaintiff’s Emergency Ex Parte Motion to Temporarily Seal Docket and Proceedings and Brief in Support filed by Securities and Exchange Commission. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 2 |
COMPLAINT WITH JURY DEMAND against All Defendants filed by Securities and Exchange Commission. Unless exempted, attorneys who are not admitted to practice in the Northern District of Texas must seek admission promptly. Forms, instructions, and exemption information may be found at www.txnd.uscourts.gov, or by clicking here: Attorney Information – Bar Membership. If admission requirements are not satisfied within 21 days, the clerk will notify the presiding judge. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 3 | Plaintiff’s Motion for Preliminary Injunction, Ex Parte Temporary Restraining Order, Asset Freeze, Appointment of Receiver, and Other Ancillary Emergency Relief, and Brief in Support filed by Securities and Exchange Commission. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 4 | MOTION for Leave to Exceed Page Limitation Under Local Rule CV-7 filed by Securities and Exchange Commission. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 5 | Certification Pursuant to Fed. R. Civ. P. 65(b) filed by Securities and Exchange Commission. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 6 | CERTIFICATE OF INTERESTED PARTIES by Securities and Exchange Commission. (Clerk QC note: No affiliate entered in ECF). (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 7 | Ex Parte Appendix in Support re: 3 Sealed and/or Ex Parte Motion filed by Securities and Exchange Commission (Attachments: # 1 Part 2, # 2 Part 3, # 3 Part 4, # 4 Part 5) (bdg) (Part 5 replaced on 6/14/2022) (bdg). (Entered: 06/14/2022) |
| 06/14/2022 | 8 | New Case Notes: A filing fee is not due for this case. Pursuant to Misc. Order 6, Plaintiff is provided the Notice of Right to Consent to Proceed Before A U.S. Magistrate Judge. Clerk to provide copy to plaintiff if not received electronically. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 9 | Summons Issued as to BC Holdings 2017 LLC, Boron Capital LLC, Blake Robert Templeton, United BNB Fund 2018 LLC. (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 10 | Ex Parte ORDER granting sealed and/or ex parte 1 Motion to File Under Seal and Temporarily Sealing Docket and Proceedings. (Ordered by Senior Judge Sam R Cummings on 6/14/2022) (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 11 | ORDER granting 4 Motion for Leave to Exceed Page Limitation Under Local Rule CV-7. (Ordered by Senior Judge Sam R Cummings on 6/14/2022) (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 12 | Ex Parte ORDER granting sealed and/or ex parte 3 Motion – Temporary Restraining Order and Orders: (1) Freezing Assets; (2) Prohibiting the Destruction of Documents; (3) Granting Expedited Discovery; (4) Requiring Sworn Accountings; (5) Permitting Alternative Means of Service, and (6) Setting Hearing Date on Plaintiff’s Motion for Preliminary Injunction. (Ordered by Senior Judge Sam R Cummings on 6/14/2022) (bdg) (Entered: 06/14/2022) |
| 06/14/2022 | 13 | Order Appointing Receiver (Ordered by Senior Judge Sam R Cummings on 6/14/2022) (bdg) Modified restrictions on 6/15/2022 (bdg). (Entered: 06/14/2022) |
| 06/14/2022 | 14 | MOTION to Unseal Case filed by Securities and Exchange Commission (bdg) (Entered: 06/14/2022) |
| 06/15/2022 | 15 | ORDER granting 14 Motion to Unseal Case. The Clerk of Court is directed to UNSEAL this proceeding. (Ordered by Senior Judge Sam R Cummings on 6/15/2022) (bdg) (Entered: 06/15/2022) |
| 06/16/2022 | 16 | NOTICE of Attorney Appearance by James M McGee on behalf of Albert C Black, III. (Filer confirms contact info in ECF is current.) (McGee, James) (Entered: 06/16/2022) |
| 06/22/2022 | 17 | SUMMONS Returned Executed as to Boron Capital LLC ; served on 6/14/2022. (Gulde-SEC, Matthew) (Entered: 06/22/2022) |
| 06/22/2022 | 18 | SUMMONS Returned Executed as to BC Holdings 2017 LLC ; served on 6/14/2022. (Gulde-SEC, Matthew) (Entered: 06/22/2022) |
| 06/22/2022 | 19 | SUMMONS Returned Executed as to United BNB Fund 2018 LLC ; served on 6/14/2022. (Gulde-SEC, Matthew) (Entered: 06/22/2022) |
| 06/22/2022 | 20 | SUMMONS Returned Executed as to Blake Robert Templeton ; served on 6/14/2022. (Gulde-SEC, Matthew) (Entered: 06/22/2022) |
| 06/27/2022 | 21 | MOTION Unopposed Motion to Enter Agreed Preliminary Injunction, Asset Freeze, and Order for Other Equitable Relief and Vacate Hearing Date re Order Setting Deadline/Hearing, filed by Securities and Exchange Commission (Attachments: # 1 Exhibit(s) A – Templeton Consent, # 2 Exhibit(s) B- Templeton PI, # 3 Exhibit(s) C – Entities Consent, # 4 Exhibit(s) D – Entities PI, # 5 Proposed Order Templeton, # 6 Proposed Order Entities) (Gulde-SEC, Matthew) (Entered: 06/27/2022) |
| 06/27/2022 | 22 | ORDER: Upon noting the Parties’ agreement to enter into a stipulated preliminary injunction, the Court finds good cause and ORDERS that the temporary restraining order, previously entered in this matter on June 14, 2022, be EXTENDED to 5:00 p.m. on June 30, 2022. (Ordered by Senior Judge Sam R Cummings on 6/27/2022) (bdg) (Entered: 06/27/2022) |
| 06/29/2022 | 23 | AGREED PRELIMINARY INJUNCTION, ASSET FREEZE, AND ORDER FOR OTHER EQUITABLE RELIEF: Granting 21 Motion to Enter Agreed Preliminary Injunction, Asset Freeze, and Order for Other Equitable Relief and Vacate Hearing Date. IT IS HEREBY FURTHER ORDERED that this Preliminary Injunction shall remain in effect until entry of a Final Judgment in, or other final disposition of, this action. IT IS HEREBY FURTHER ORDERED that the hearing on the Commission’s Motion for a Preliminary Injunction, scheduled to take place on June 28, 2022 at 9:00 a.m. is canceled.(Ordered by Senior Judge Sam R Cummings on 6/29/2022) (bdg) (Entered: 06/29/2022) |
| 06/29/2022 | 24 | AGREED PRELIMINARY INJUNCTION, ASSET FREEZE. AND ORDER FOR OTHER EOUITABLE RELIEF: Having considered the Motion for a Preliminary Injunction, Temporary Restraining Order, Asset Freeze, and Other Emergency Relief (the “TRO Motion”) filed by plaintiff U.S. Securities and Exchange Commission (“Commission”), as well as the Complaint, the Commission’s Brief in Support of the TRO Motion and accompanying evidentiary materials, and also the Consent of Defendant Blake Robert Templeton (“Defendant”) to Preliminary Injunction, Asset Freeze, and Order for Other Equitable Relief. IT IS HEREBY FURTHER ORDERED that, pending further order of this Court, the order barring the destruction of documents imposed by paragraphs 23-24 of the Temporary Restraining Order shall continue in full force and effect. IT IS HEREBY FURTHER ORDERED that this Preliminary Injunction shall remain in effect until entry of a Final Judgment or other final disposition of this action. IT IS HEREBY FURTHER ORDERED that the hearing on the Commission’s Motion for a Preliminary Injunction, scheduled to take place on June 28, 2022 at9:00 a.m. is canceled. (Ordered by Senior Judge Sam R Cummings on 6/29/2022) (bdg) (Entered: 06/29/2022) |
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| 07/16/2022 08:47:28 |
Formal SEC Complaint. Bookmark for Updates as we track the federal lawsuit.
Blake Templeton
CEO/Founder of Boron Capital
Official Member at Forbes Business Council
Extreme global economic volatility requires an untraditional wealth strategy to win.
The first NEW Rule of Investing is outpace real inflation. (As of 2022 it is 15%)
If you are interested in finding out more about our investment strategies, please call us at (806) 749-6122, or you can email Zach Morrow at Zach@Boroncap.com to set up a no obligation consultation to see if we are a good fit.
Mr. Templeton has extensive knowledge and expertise in Crypto Currency and Commercial Real Estate, and is partnered with some of the biggest names in these industries. For the last 16 years he has built wealth for his clients and as a growing firm, he is willing to help you as well.
The world has transitioned to a digital age.
Your Mission if you choose to accept it, is to build massive wealth in the next 24 months.
If you do not outpace inflation, your wealth will be stripped away from you and it is currently happening before your very eyes.
CEO
Boron Capital
2006 – Present · 16 yrs 6 mos
Lubbock, Texas Area
Boron Capital is a privately held real estate investment firm that has experienced exponential growth since its establishment in 2006 by CEO Blake R. Templeton.
Boron Capital, LLC. is named after the element Boron; an extremely rare element that in certain forms is stronger than a diamond. Boron is used in bulletproof vests, tanks, the strongest magnets, and as a replacement for diamond blades. Boron is produced with difficulty, has high strength but is lightweight, holds a resistance to thermal shock, is tougher under pressure, and is essential to life.
From its inception, Boron Capital has exhibited these qualities and has successfully sought to remain all of these qualities in an ever-changing investment world.
Boron has applied its investment strategy during varying market conditions by identifying supply-demand disproportions and fulfilling market needs in industries and locations with strong present and future economies. Boron accomplishes attractive risk-adjusted returns by specializing in sub-markets of real estate that run counter to declines in the national economy and is highly successful in producing substantial returns, despite downturns in the market such as the recession of 2008.
The national resource base and local presence Boron has in each investment location provides Boron with relevant proprietary information to ascertain and execute prudent investment developments.
Boron invests predominantly in corporate housing, luxury wedding venues, specific business niches, multi-family apartments, and hotels.
Welcome to the official Boron Capital Investments YouTube Channel, The Solomon Investor.
LINK TO OVER 300 VIDEOS ON BLAKE TEMPLETON’S YOUTUBE CHANNEL
(WHILE IT’S UP, IT SHOULDN’T BE, THEY ARE STILL CONNIN’ PEOPLE).
We are on a mission to engage more and more people in conversations about #financialwellbeing.
Blake Templeton is the CEO and Founder of Boron Capital, the investment firm that for 14 years and after 300+ transactions has never lost investors money. Blake also hosts The Solomon Investor Podcast and has written his newest book “The Solomon Way”.
Blake Templeton has been often featured as a Financial Expert in “Business Week”, “CNBC”, “Fox News” Networks around the country and many Business Journals including “Philadelphia Business Journal”, “Dallas Business Journal” and “Boston Business Journal” for his keen insight on how to protect and build wealth in emerging real estate markets.
Visit https://boroncap.com for our latest blogs, news, and more!
The sign of true con men is to make a video about Scams when you’re under investigation by the SEC who file a federal lawsuit the day you publish this video.
Just lookin’ at the pair of them, they are so uncomfortable in this video as they know they are in very hot water with the Federal government and it will take all their sales skills to negotiate this case, which we expect should lead to criminal lawsuits as well.
But this is Texas, and the government and judiciay just love a scam artist – so they have their best chance to ‘settle’ the charge(s) of financial crimes in Texas.
Zach Morrow
VP of Investor Relations at Boron Capital
Boron Capital with Zach Morrow
MAY 2, 2022 | REPUBLISHED BY LIT: JUN 22, 2022
This week Joe is joined by Marine Corps Veteran Zach Morrow.
Zach served on Active Duty for five years and was a member of the Marine Presidential Security Force.
As he transitioned into civilian life Zach continued his education and ended up owning his own gym.
While running his business, he was mentored by a client that would later offer him a position at his current company, Boron Capital. Zach and Joe discuss the importance of soft skills and qualities that lead Veterans to success and the importance of being prepared for opportunity.
He shares more information about Cryptocurrency and Real Estate investments. If you want to learn more about crypto, text info to 877-771-0615 to connect with Zach.
About Our Guest
Zach Morrow is a seasoned Real Estate and Cryptocurrency Hedge Fund manager who doesn’t just help protect his client’s wealth, he has actively protected 3 different U.S. presidents while serving on a Marine Presidential Security Force for a top secret facility and Department of the White House.
Now he focuses on serving investors through alternative asset classes like Blockchain Technology, Cryptocurrency, and specific sectors of Real Estate. Zach serves as the VP of Investor Relations for Boron Capitals family of investment funds, whose teams have created triple digit returns and consistently outpaced Bitcoin.
Firefly Gardens LLC v. Boron Capital LLC
(3:20-cv-02496)
District Court, N.D. Texas, Judge Barbara M. Lynn
AUG 24, 2020 | REPUBLISHED BY LIT: JUL 1, 2022
STATUS UPDATE ORDER, JULY 14, 2022
Architectural Copyright Infringement, Wedding Venue.
Attorney Randy Sorrels and his Lawyer Spouse Alex Ain’t Pleased with River Oaks Home Remodeling
Randy Sorrels and Alex Farrias-Sorrels are suing their home remodeling contractors. LIT asks if the contractors have good insurance coverage.
Texas Justice: Disgraced Fmr State Senator and Disbarred Lawyer Carlos Uresti Released Super Early
In 2023 a federal judge reduced Uresti’s sentence to five years and 10 months, which made him eligible for release in December 2024.
Lawsuit Claims Goodwin Law Facilitated Commission of a Crime in Known $44M Ponzi Scheme
Aiding and abetting is a legal doctrine related to the guilt of someone who aids or abets another person in the commission of a crime.
