- Report: #1438606
Complaint Review: The Legacy Group - Colorado Springs Colorado
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Author Confirmed
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The Legacy Group
910 Pinon Ranch View #200 Colorado Springs, 80907 Colorado, United States
Web:
www.tlg.capital
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The Legacy Group Randy King Andrea Trout Matt King Breach of Contract, Breach of Fiduciary Duty Colorado Springs Colorado
Principal people in The Legacy Group mismanaged multiple residential real estate projects that resulted in the partial and/or complete loss of investor capital. Loss of investor capital has been in the millions of dollars.
Principals in the company also breached fiduciary responsibility by failing to collect monies owed to the trusts and distribute such to the Settlors of each trust.
Principals in the company also responsible for breach of contract by failing to provide annual accountings to primary beneficiaries of a trust, by failing to loan trust estate proceeds to non-third-party borrowers, and by converting the trust real estate loans into ownership equity in LLCs.
