SEC v. Alvin R. Brown, First Choice Investment, Inc., et al

Case Summary:

On March 7, 2013, Krista Freitag of E3 Advisors was appointed temporary receiver for First Choice Investment, Inc. and Advanced Corporate Enterprises, Inc. d/b/a A-Corp Enterprises a/k/a ACorp Development a/k/a A-Corp Investment, and the entities they control and manage, pursuant to an Order entered by the United States District Court for the Central District of California in an action against Defendants filed by the Securities and Exchange Commission.

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Case Updates:

October 28, 2014: Pursuant to the Court’s September 19, 2014 Order Approving Receiver’s Final Report and Discharge of Receiver (the Final Report and Order thereon are posted below), final payments have been issued and the receivership case is closed.


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