First Federal Class Action Lawsuit Filed on Behalf of Investors Harmed by Matthew Beasley and Jeffrey Judd’s Alleged Ponzi Scheme

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OAKLAND, Calif.–()–Gibbs Law Group and Silver Law Group have filed a class action lawsuit in federal court in Nevada on behalf of investors defrauded by the alleged $300 million Ponzi scheme run by Matthew Beasley, Jeffrey Judd and related entities. According to the investor lawsuit, hundreds of investors in Nevada, Utah and California were lured into personal-injury settlement contracts on the promise of “risk-free,” high rates of return. Meanwhile, defendants used investor money for luxury cars, extravagant homes and lavish lifestyles for themselves. This lawsuit seeks to recoup hundreds of millions of dollars in allegedly misappropriated investor funds and demands an accurate accounting of all defendants’ accounts. The law firms’ investigation continues into additional parties who participated in or otherwise aided the fraud. Investors interested in joining the Matthew Beasley and J&J Ponzi scheme…

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