Leighton C. Cubbage is listed as an executive officer and promoter on 5 SEC Form D filings by 4 issuers between Dec 2009 and May 2011: SERRUS Real Estate Fund I, LLC (Greer, SC — pooled investment fund — 2009–2010; $2.05M reported sold to 16 investors), SERRUS REAL ESTATE FUND II, LLC (Greenville, SC — pooled investment fund — 2011; $1.53M reported sold to 13 investors), SERRUS CAROLINA WALK, LLC (Greer, SC — pooled investment fund — 2011) and FPC REAL ESTATE OPPORTUNITY FUND I, LLC (Greenville, SC — pooled investment fund — 2010).
What this means A repeat sponsor — 4 separate companies raised money with this person listed as executive officer and promoter, over about 2 years. Across those companies the filings report $3.58M sold in total.
All 4 issuers belong to the sponsor group Serrus (10 issuers, $36.3M reported sold, 2009–2019).
What this means A sponsor group is one team that sets up a new company for each deal. Serrus has 10 companies on file and $36.3M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, VT, WA, WI, WV, WY) — 6 court cases matching the name, 5 bankruptcy cases matching the name listed in Key records below.
What this means 11 records came back, including 1 court case still open — open cases can take years and cost money. 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.
We compared 5 public filings for Leighton C. Cubbage and found 3 differences, 1 worth asking the sponsor about: Leighton C. Cubbage appears on 4 deals that stopped filing before reaching their target; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.