Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 3:52 AM ET

Sponsor Check › Person

David Karat

Named as an officer, director or promoter on SEC Form D filings · IL · Dec 9, 2014 → Dec 14, 2015

1deal (issuers)

$7.5Mreported sold

1investors

3Form D filings

2014–2015years on file

Follow this person Look further ↓PDF

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:32 AM ET · SEC enforcement last checked: not yet

The short version

David Karat is listed as a director on 3 SEC Form D filings by 1 issuer between Dec 2014 and Dec 2015: DASH FINANCIAL HOLDINGS, LLC (Chicago, IL — industry reported as "Other" — 2014–2015; $7.5M reported sold to 1 investors).

What this means One deal on file with the SEC. A Form D is the notice a company files after it starts selling a private investment — it is a notice, not an approval.

Listed alongside George Maragos (3 shared filings), Jan-Dirk Lueders (3 shared filings), Malcolm Robertson (3 shared filings), Peter Maragos (3 shared filings), Scott A. Casto (3 shared filings) and 2 others.

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around David. Each name links to their own page.

The issuer belongs to the sponsor group Cmt Digital (34 issuers, $712.2M reported sold, 2009–2026).

What this means A sponsor group is one team that sets up a new company for each deal. Cmt Digital has 34 companies on file and $712.2M reported sold in total — the group page shows the whole track record in one place.

Public records searched: federal courts (CourtListener / RECAP), state securities regulators (AZ, CA, DE, TX, WA) — 1 court case matching the name, 7 bankruptcy cases matching the name listed in Key records below. Not yet searched: SEC enforcement releases.

What this means 8 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

What the community is saying

Nothing found on Reddit, BiggerPockets or community forums for high-net-worth investors (searched Oct 24, 2026) — search queued; this line updates when it has run.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

1 case: 1 dismissed

BASKETBALL MARKETING v. KARAT SOFTWARE CORP. dismissed

District Court, E.D. Pennsylvania · No. 2:01-cv-05201 · Filed Oct 12, 2001 · Closed Dec 4, 2001 · Nature of suit: 190 Other contract actions

Role of KARAT SOFTWARE CORP.: Defendant · Outcome: Terminated 2001-12-04 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in PA (not a filing state)

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts; live RECAP re-check pending. State courts: not yet searched. PACER: not searched. · Last checked Oct 24, 2026, 2:32 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not yet searched. No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

Not yet searched

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — not yet searched.

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states: not yet searched.

No SEC search has run yet for this person.

3. Bankruptcies

7 cases: 7 closed (disposition not in docket feed)

David S Karat and Dina F. Karat closed

United States Bankruptcy Court, D. Connecticut · No. 14-20192 · Filed Jan 31, 2014 · Closed Jun 4, 2014

Role of David S Karat and Dina F. Karat: Debtor · Outcome: Case closed 2014-06-04 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); first name matches; court in CT (not a filing state)

14 Karat Enterprises, Inc v. De-ani, Inc. closed

United States Bankruptcy Court, M.D. Florida · No. 8:05-ap-00779 · Filed Oct 19, 2005 · Closed Mar 31, 2006

Role of 14 Karat Enterprises, Inc: Plaintiff · Outcome: Case closed 2006-03-31 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in FL (not a filing state)

14 Karat Enterprises, Inc closed

United States Bankruptcy Court, M.D. Florida · No. 8:05-bk-08969 · Filed May 2, 2005 · Closed Aug 22, 2006

Role of 14 Karat Enterprises, Inc: Debtor · Outcome: Case closed 2006-08-22 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in FL (not a filing state)

USOP Liquidating LLC v. KARAT'S closed

United States Bankruptcy Court, D. Delaware · No. 03-71234 · Filed Feb 21, 2003 · Closed Jan 10, 2007

Role of KARAT'S: Defendant · Outcome: Case closed 2007-01-10 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in DE (not a filing state)

Jones v. 14 Karat Enterprises Inc. closed

United States Bankruptcy Court, M.D. Florida · No. 3:97-ap-00063 · Filed Feb 20, 1997 · Closed Jun 13, 1997

Role of 14 Karat Enterprises Inc.: Defendant · Outcome: Case closed 1997-06-13 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in FL (not a filing state)

14 Karat Reflections Inc closed

United States Bankruptcy Court, N.D. Illinois · No. 95-15416 · Filed Jul 31, 1995 · Closed Oct 2, 1996

Role of 14 Karat Reflections Inc: Debtor · Outcome: Case closed 1996-10-02 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in the person's filing state (IL)

Welt v. 14 Karat Corp. closed

United States Bankruptcy Court, S.D. Florida. · No. 92-00935 · Filed Sep 22, 1992 · Closed Nov 5, 1992

Role of 14 Karat Corp.: Defendant · Outcome: Case closed 1992-11-05 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same rare surname (1 person in Form D filings, 13 federal dockets); surname only in the caption; court in FL (not a filing state)

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not yet searched. PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:32 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

4. Differences between public sources

Not made for individual people — comparisons cover issuers and sponsor groups

5. Money to insiders

None reported on 3 offerings — no sales commissions, finder's fees or proceeds to insiders

Per-offering detail

Offering (latest filing)	Sales commissions	Finder's fees	To insiders	Paid to sell it	Source
Dec 14, 2015 D DASH FINANCIAL HOLDINGS, LLC File 021-252967	$0	$0	$0	None listed on this filing	EDGAR ↗
Dec 17, 2014 D DASH FINANCIAL HOLDINGS, LLC File 021-230283	$0	$0	$0	None listed on this filing	EDGAR ↗
Dec 9, 2014 D DASH FINANCIAL HOLDINGS, LLC File 021-229703	$0	$0	$0	None listed on this filing	EDGAR ↗

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across every filing this person is listed on (latest filing per offering, per issuer).

Deals 1

Every issuer that named David Karat on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

Other · group: Cmt Digital

DASH FINANCIAL HOLDINGS, LLC

Chicago, IL · Dec 9, 2014 → Dec 14, 2015 · 3 filings

Dec 14, 2015 · D · $0 sold of Indefinite · 1 investors · min. No minimum reported · role: Director EDGAR ↗
Dec 17, 2014 · D · $0 sold of Indefinite · 1 investors · min. No minimum reported · role: Director EDGAR ↗
Dec 9, 2014 · D · $7,500,000 sold of $7,500,000 · 1 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $7.5M from 1 investor as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

People around David 7

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET.

Person

Jan-Dirk Lueders

Director · 3 shared filings (1 issuer) · also on 29 other issuers

Jan-Dirk Lueders is on 30 issuers in total — a repeat sponsor. Their page lists every one.

Person

Scott A. Casto

Director · 3 shared filings (1 issuer) · also on 17 other issuers

Scott A. Casto is on 18 issuers in total — a repeat sponsor. Their page lists every one.

Person