Company Had Brought Suit Against 1 Global Capital LLC for Trademark
Global, a Dallas-based wealth management partner to enterprise CPA
firms, has settled a federal lawsuit against Florida-based 1 Global
Capital LLC for the unauthorized use of 1st Global’s company name and
logos and operating under the names 1st Global Capital LLC
and 1st Global Capital Financial Services. 1 Global Capital
purported to be, among other things, a firm specializing in offering
merchant cash advances to borrowers unable to obtain more traditional
On July 27, 2018, shortly after 1st Global filed suit, 1 Global Capital
filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court
for the Southern District of Florida. The U.S. Securities and Exchange
Commission has also separately brought suit against 1 Global Capital for
the sale of unregistered securities. Both the bankruptcy and SEC
proceedings remain pending.
1st Global’s settlement with 1 Global Capital requires 1 Global Capital
to, among other things, cease use of the 1st Global Capital
and 1st Global Capital Financial Services names, undergo a
complete re-branding, and provide notice on its website and through
other means that it is in no way affiliated with 1st Global. In the
meantime, 1st Global continues to work with news outlets and digital
publications covering the SEC case proceedings to make clear that
Texas-based 1st Global remains committed to offering the highest level
of wealth management services to its clients and has no affiliation with
1 Global Capital.
1st Global Capital Corp. and 1st Global Advisors, Inc. are Delaware
corporations incorporated in 1992, headquartered in Texas. As a wealth
management partner to more than 300 CPA firms and 800 professionals
throughout the United States, we are licensed to sell investments and
provide advisory services.
Regulatory filings and information about 1st Global Capital Corp. can be
found at brokercheck.finra.org.
Regulatory filings and information for 1st Global Advisors, Inc. can be
found at www.adviserinfo.sec.gov.
About 1st Global
1st Global was founded in 1992 by CPAs who believe that accounting, tax
and estate planning firms are uniquely qualified to provide
comprehensive wealth management services to their clients. 1st Global is
a research and consulting partner that provides CPA, tax and estate
planning firms with education, technology, business-building framework
and client solutions that make these firms leaders in their professions
through dedicated professional client relationships built around wealth
management. Around 400 firms have chosen to affiliate with 1st Global,
making it one of the largest financial services partners for the tax,
accounting and legal professions.
Securities are offered through 1st Global Capital Corp. which is a
member of FINRA and SIPC and is headquartered at 12750 Merit Dr., Ste.
1200 in Dallas, Texas, 214-294-5000. Investment advisory services are
offered through 1st Global Advisors, Inc. Additional information about
1st Global is available at www.1stGlobal.com.