LIT COMMENTARY & UPDATE
JUL 17, AUG 10, 2024
From: Rahsaan Kevin king
Subject: Substantial error in an article
Message:
This company recently published an article related to my name that is false information.
I have a son with a similar name and the article mixed up my issues with his issues or vice versa.
Either way it’s harmful and discrediting to both of us. The article needs to be removed please.
From: Rahsaan King
Subject: Inaccurate news
Message:
Hello. My dad and I have the same name.
He recently filed for bankruptcy.
He recently got evicted, but on the article about it you are using my face.
Please remove.
Rahsaan King<rking@college.harvard.edu>
Wed 7/17/2024 4:10 PM
My dad and I have the same name. He filed for bankruptcy and you guys are using my photo.
Please remove.
Rahsaan KingFounder // Friend
832-967-3077
RahsaanKing.com
Rking@college.harvard.edu
Rking@studentsofstrength.com
99 Wall st. Suite 1791 — NYC 10005
This Houston neighborhood is trapped in a health care desert. Here’s how that could change.
by Humberto J. Rocha / Contributing writer June 21, 2023
Rahsaan King Sr. walks around the Eden Event Center as he gives a tour Tuesday in Houston (images on republished article).
The center is located in the Settegast neighborhood, where there are no urgent care centers, hospitals or clinics within its 2-square-mile community. Members of the Mt. Canaan Baptist Church and Prestige Partners are in the process of converting the empty event hall into a health clinic.
Rahsaan King Sr. cannot get over the number of medical buildings sprinkled around his Spring neighborhood. He seemingly cannot drive more than a few minutes without spotting a hospital, a medical center or an urgent care facility.
Each one leaps out at him because of their stark contrast to the lack of medical resources in the area where he had lived for most of his life — Settegast, a northeast Houston community with the dubious distinction of having the shortest life expectancy — 65.7 years — in Harris County, according to the 2018 U.S. Small-area Life Expectancy Estimates Project based on data from the National Center for Health Statistics.
Rahsaan King Jr., at left, and his father Rahsaan King Sr. pose for a portrait at the Eden Event Center in Houston. (image on republished article and modified as header image above).
The center is located in the Settegast neighborhood, where there are no urgent care centers, hospitals or clinics within the 2-square-mile community. Members of the Mt. Canaan Baptist Church and Prestige Partners are in the process of converting the empty event hall into a health clinic. (Antranik Tavitian / Houston Landing)
The predominantly minority community of Settegast — where the 2018 study shows the average resident can expect to live around 20 years less than their counterparts in affluent areas like Clear Lake or Upper Kirby — is what King calls a health care desert.
Demarcated by Interstate 610 and Highway 90 in the south and the Union Pacific Rail Yard on the west, Settegast has no urgent care centers, hospitals or clinics within its 2-square-mile community.
King’s father, who is 79 years old and lives in Settegast, requires dialysis treatment, meaning that King has to drive him to a hospital half an hour away.
Members of the community are making plans to change that. King, with the help of his son, Rahsaan King Jr., and the Rev. Samuel Compton Jr., the pastor of Mt. Canaan’s Missionary Baptist Church, is among those who want to repurpose the Eden Event Center at 7450 North Wayside Drive.
Their mission is to transform the community venue into a medical facility for the neighborhood.
In doing so, the group is making a bet that real estate investors without ties to the community have long avoided:
That if medical office space is built, medical providers will come – and that if medical providers come, their ventures will prove financially sustainable and transformational for the quality of life of those living nearby.
“We have what is considered a health care desert,” King Sr. said. “[Facilities like] mainstream health care urgent centers, pediatricians, gynecologists and the like? That’s just not present.”
According to a Harris County Public Health official, the Settegast Health Clinic, the Lyndon B. Johnson Hospital and the Harris Center Northeast Community Service Center service the area but the facilities are located outside the neighborhood’s boundaries.
‘Why can’t we have a health care facility here?’
Built in 2010, the Eden Event Center used to hold banquet halls, concerts and wedding receptions.
The center stopped hosting events in 2017 a week before Hurricane Harvey ravaged the city, said King Sr. After the calamity, the center sat in disrepair for nearly half a decade.
“Hurricane Harvey shut all that down. And since then, we’ve been left to pick up the pieces,” King Sr. said.
In December, the Kings secured a 49-year-lease for the event center in a joint venture with the church, according to documents the Kings provided.
The church obtained an insurance payout in the wake of Hurricane Harvey after a four-years-long process but the idea to turn it into a community investment has materialized steadily in recent months.
For Compton, who has led the church for over three decades, making the project a reality is a foremost priority, a legacy effort.
“The development in the area just hasn’t been equal to that in other areas. Settegast lacks health care amenities,” Compton said.
“A poor person in Settegast has to call 911 and get taken over to the Harris Health Lyndon B. Johnson Hospital. Why can’t we have that here?”
To turn the currently nonfunctional Eden Event Center into a health facility is no small feat.
Rahsaan King Jr., a Settegast native and 2019 Harvard graduate, hopes to transform the center within the next year and half by obtaining millions of dollars in funding through philanthropy funds, grants, equity and debt.
“We will need certain types of public-private-partnerships, and in some cases we need volunteers,” said King Jr., who runs his own consultant firm, Kings Consulting Co.
In recent weeks, the Kings have partnered with Bill Walczak, the co-founder and former CEO of the Codman Square Health Center, a Massachusetts-based, outpatient health center that opened its doors in 1979.
As a co-founder, Walczak said he wanted to make the Codman Square Health Center a community-focused institution, providing financial and wellness programming to the neighborhood’s most vulnerable residents.
Currently, most of the center’s 300 employees are residents in the surrounding area. It’s the model organization to emulate, King Jr. said.
Walczak ran the Codman Square Health Center from 1980 to 2011, according to his resume.
Though he’s retired, Walczak told the Houston Landing that he met King Jr. earlier this year in Boston and became enthused about the community health care aspect of the project, something he himself did in his 20s.
“This is my recommendation: you can have a bigger impact if you create a community federal health care center as a federally qualified health center allows you access to federal funds and gives you a base to do other things as well, like start a nonprofit or a school,” Walczak said.
Ron Brown, CEO of Prestige Partners, at left, and Steven Breault, board member, tour the Eden Event Center on Tuesday in Houston.
Members of the Mt. Canaan Baptist Church and Prestige Partners are in the process of converting the empty event hall into a health clinic (images on republished article).
Walczak said that he would work to help the Kings on their project, especially engaging with federal bureaucracy to obtain funds and the regulatory permits to establish a community health center like his own in Massachusetts.
Having the venue center as the space for the health care project is helpful, Walczak added.
“There’s a lot of things to do but there’s a lot of help for those things because everyone recognizes that medical facilities in low-income communities can really make a difference in the lives of the families and individuals,” Walczak said.
To fund the project, the Kings are applying for grants from companies such as Google, said King Jr. He estimates the construction costs at around $2 million.
King Jr. is in charge of managing a feasibility study, especially as the center will require complex renovations.
To prepare the building for a health facility with the infrastructural integrity required, the Kings are attempting to turn the one-story building that has 30-foot high ceilings into a two-story building.
According to the 2021 U.S. Census Bureau’s American Community Survey, there are 4,194 people in the Settegast census tract.
The median household income is $25,543, and 39 percent of the residents are below the poverty line.
A 2021 Houston city planning report estimated that Settegast was 72 percent Black and 26 percent Hispanic.
King Sr. wants to make health care accessible to working class members of the community.
“If you’re working class and you have insurance, then you have to go out of the community because there’s nobody in-network here.
My mother has insurance through her job but none of her service providers are near the community,” King Sr. explained. “She has to pack up and leave and drive for 10 miles just to get health care that is in-network.”
Linda Woods, another church trustee and resident of Settegast since she was 16, said a medical facility in the community would benefit the people in ways currently unavailable.
“There’s a medical clinic a few miles away from our church but that’s not enough to serve the people of Settegast,” Woods said.
“The facility would mean that we could help our members and others that live here — it would mean a big deal to me and a service to others.”
Header image updated at request of Jr and Sr. The lies didn’t stop though. And, the BK judge self-recused a week after LIT published this case. https://t.co/w5hFxfYQBP
— lawsinusa (@lawsinusa) July 27, 2024
Rahsaan Kevin King
(24-33051)
United States Bankruptcy Court, S.D. Texas
Remark: This Case is Transferred to Judge Alfredo Perez.
Involvement of Judge Eduardo Rodriguez is concluded.
(rbw4) (Entered: 07/17/2024)
JUL 2, 2024 | REPUBLISHED BY LIT: JUL 2, 2024
Proposed Order RE: Relief from Automatic Stay
(Filed By Peter Rojas ).
(Related document(s): 8 Motion for Relief From Stay)
(Fisher-Jagneaux, Dallas) (Entered: 07/26/2024)
+++
Motion for Relief from Stay rental property.
Fee Amount $199. Filed by Creditor Peter Rojas
Hearing scheduled for 8/6/2024 at 01:30 PM at Houston, Courtroom 402 (EVR).
(Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Proposed Order)
(Durrschmidt, Michael) (Entered: 07/16/2024)
DUPFILER, DEFsch |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-33051
Assigned to: Bankruptcy Judge Alfredo R Perez Chapter 13 Voluntary Asset
|
|
Debtor Rahsaan Kevin King 21203 Bradford Grove Dr. Spring, TX 77379 HARRIS-TX SSN / ITIN: xxx-xx-6177 |
represented by | Aaron W. McCardell, Sr. The McCardell Law Firm, PLLC 440 Louisiana Suite 1575 Houston, TX 77002 713-236-8736 Fax : 713-236-8990 Email: amccardell@mccardelllaw.com |
Trustee Tiffany D Castro Office of Chapter 13 Trustee 9821 Katy Freeway Ste 590 Houston, TX 77024 713-722-1200 |
||
U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 713-718-4650 |
Filing Date | # | Docket Text | |
---|---|---|---|
07/16/2024 | 8 (17 pgs; 6 docs) |
Motion for Relief from Stay rental property. Fee Amount $199. Filed by Creditor Peter Rojas Hearing scheduled for 8/6/2024 at 01:30 PM at Houston, Courtroom 402 (EVR). (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Proposed Order) (Durrschmidt, Michael) (Entered: 07/16/2024) | |
07/16/2024 | 9 (2 pgs) |
Notice of Appearance and Request for Notice Filed by Michael J Durrschmidt Filed by on behalf of Peter Rojas (Durrschmidt, Michael) (Entered: 07/16/2024) | |
07/17/2024 | 10 | Remark: This Case is Transferred to Judge Alfredo Perez. Involvement of Judge Eduardo Rodriguez is concluded. (rbw4) (Entered: 07/17/2024) | |
07/17/2024 | 11 (6 pgs) |
BNC Certificate of Mailing. (Related document(s):5 Initial Order for Chapter 13 Case) No. of Notices: 4. Notice Date 07/17/2024. (Admin.) (Entered: 07/17/2024) | |
07/17/2024 | 12 (2 pgs) |
BNC Certificate of Mailing. (Related document(s):4 Order: Possible Future Dismissal of Case) No. of Notices: 1. Notice Date 07/17/2024. (Admin.) (Entered: 07/17/2024) | |
07/19/2024 | 13 (1 pg) |
Initial Statement About an Eviction Judgment . $ 3800.00 received, Receipt Number 400007315. (Filed By Rahsaan Kevin King ). (cmk4) (Entered: 07/19/2024) | |
07/23/2024 | 14 (1 pg) |
Order Resetting Hearing before Judge Alfredo R Perez Signed on 7/23/2024 (Related document(s):8 Motion for Relief From Stay) Hearing scheduled for 8/6/2024 at 01:30 PM at Houston, Courtroom 400 (ARP). (rbw4) (Entered: 07/23/2024) | |
07/24/2024 | 15 (2 pgs) |
Notice of Chapter 13 Bankruptcy Case, Meeting of Creditors & Notice of Appointment of Trustee.. 341(a) meeting to be held on 8/14/2024 at 02:00 PM, via Zoom – Castro: Meeting ID 223 248 9512, Passcode 1291903731, Phone 1 346 205 0870. Financial Management Course due:9/30/2024. Last day to object to dischargeability under section 523 is 10/15/2024. Proofs of Claims due by 9/9/2024. Government Proof of Claim due by 12/27/2024. Clerk to send Notice on Financial Management Requirement 9/30/2024. (Castro, Tiffany) (Entered: 07/24/2024) | |
07/25/2024 | 16 (2 pgs) |
BNC Certificate of Mailing. (Related document(s):14 Order Setting Hearing) No. of Notices: 1. Notice Date 07/25/2024. (Admin.) (Entered: 07/25/2024) | |
07/26/2024 | 17 (2 pgs) |
Notice of Appearance and Request for Notice Filed by Kim Ellen Lewinski Filed by on behalf of Peter Rojas (Lewinski, Kim) (Entered: 07/26/2024) | |
07/26/2024 | 18 (3 pgs) |
Proposed Order RE: Relief from Automatic Stay (Filed By Peter Rojas ).(Related document(s):8 Motion for Relief From Stay) (Fisher-Jagneaux, Dallas) (Entered: 07/26/2024) |
PACER Service Center | |||
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Transaction Receipt | |||
07/26/2024 21:35:53 |
King has just filed for bankruptcy to prevent eviction from his rental home in Spring, Texas.
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-33051
Assigned to: Bankruptcy Judge Eduardo V Rodriguez Chapter 13 Voluntary Asset
|
|
Debtor Rahsaan Kevin King 21203 Bradford Grove Dr. Spring, TX 77379 HARRIS-TX SSN / ITIN: xxx-xx-6177 |
represented by | Aaron W. McCardell, Sr. The McCardell Law Firm, PLLC 440 Louisiana Suite 1575 Houston, TX 77002 713-236-8736 Fax : 713-236-8990 Email: amccardell@mccardelllaw.com |
Trustee Tiffany D Castro Office of Chapter 13 Trustee 9821 Katy Freeway Ste 590 Houston, TX 77024 713-722-1200 |
||
U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 713-718-4650 |
Filing Date | # | Docket Text | |
---|---|---|---|
06/30/2024 | 1 (8 pgs) |
Chapter 13 Voluntary Petition Individual . Fee Amount $313 Filed by Rahsaan Kevin King. (McCardell, Aaron) (Entered: 06/30/2024) | |
06/30/2024 | 2 (1 pg) |
Certificate of Credit Counseling (Filed By Rahsaan Kevin King ). (McCardell, Aaron) (Entered: 06/30/2024) |
PACER Service Center | |||
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Transaction Receipt | |||
07/02/2024 14:17:31 |
2024 IFP Affidavit (Eviction Suit)
Income $10,000 pm (Vivid) – receiving Medicaid
Expenses $7,850 pm
2020 IFP Affidavit (Eviction Suit)
Income $3,500 pm (Vivid) – not receiving Medicaid or Public Assistance
Expenses $4,575 pm
Same job, same home, same number of dependents….
As he enters bankruptcy in Houston, how much of the $200,000 did Rahsaan King pay back to those investors he stole from @SECGov @FortWorth_SEC ?
The SEC’s complaint alleges that during 2017 and 2018, Students of Strength raised over $1 million from more than twenty investors. pic.twitter.com/M5h7mKVyYZ
— lawsinusa (@lawsinusa) July 2, 2024
SEC Charges Online Tutoring Company and Its CEO with Fraud
Litigation Release No. 25085 / April 29, 2021
Securities and Exchange Commission v. Rahsaan King and Students of Strength, Inc., No. 21-civ-10714 (D. Mass. filed April 29, 2021)
The Securities and Exchange Commission today charged Students of Strength, Inc., which operated in Massachusetts and Texas, and its CEO, Rahsaan King, with raising money by making false and misleading statements to investors.
King and his company have offered to settle the case by, among other things, agreeing to pay disgorgement and a penalty together totaling over $200,000.
The SEC’s complaint alleges that during 2017 and 2018, Students of Strength raised over $1 million from more than twenty investors through the sale of common stock and convertible notes.
As alleged, King described the company to potential investors as a thriving online tutoring business that connected college student tutors with student customers, and represented that the company needed outside investment to grow and meet the high demand for its services.
In fact, the complaint alleges, the company had very few customers and only nominal cash flow.
According to the complaint, King made misrepresentations to potential investors about the company’s historical revenue and current cash flow; the company’s assets and liabilities; the company’s operations; and the number of tutors hired and students tutored.
The complaint, filed in federal court in Massachusetts, charges King and Students of Strength with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
Without admitting or denying the allegations in the complaint, King and Students of Strength consented to be permanently enjoined from violations of these laws.
Students of Strength also agreed to an injunction requiring the company for a period of ten years to provide all prospective investors with a copy of the complaint and final judgment in the action.
King agreed to a similar conduct-based injunction with respect to prospective investors in any entity that King directly or indirectly owns or controls, or in any entity by which King is employed or consults with in a capacity that involves offering or selling securities.
King also agreed to pay a $96,384 penalty and $115,067 in disgorgement plus $11,066 in prejudgment interest.
The proposed settlements are subject to court approval.
The SEC’s investigation was conducted by Kerry Dakin, John McCann, and Celia Moore, of the Boston Regional Office.
US Securities and Exchange Commission v. King (1:21-cv-10714)
District Court, D. Massachusetts