Feds say former senior officer of collapsed J.C. Reed group bilked elderly investors out of millions
Company recently sued by the SEC for fraud, and which has begun the 'closeout' of operations, plans to shift Chapter 11 filing to a Chapter 7
Investment advisory unit takes Chapter 7 following parent firm's Chapter 11
Financial company heads to bankruptcy court four months after founder's death; four other local businesses have also filed since Wednesday
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