{"id":116368,"date":"2022-04-15T09:22:00","date_gmt":"2022-04-15T13:22:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-if-you-purchased-gtv-common-stock-and-or-the-digital-asset-security-referred-to-as-g-coins-or-g-dollars-between-april-2020-and-june-2020-you-may-be-eligible-for-a-distribution-payment-from\/"},"modified":"2022-05-04T13:01:02","modified_gmt":"2022-05-04T17:01:02","slug":"si-compro-acciones-comunes-de-gtv-y-o-el-valor-de-activo-digital-conocido-como-g-coins-o-g-dollars-entre-abril-de-2020-y-junio-de-2020-puede-tener-derecho-a-un-pago-de-distribucion-del-fair-fund-de-g","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/si-compro-acciones-comunes-de-gtv-y-o-el-valor-de-activo-digital-conocido-como-g-coins-o-g-dollars-entre-abril-de-2020-y-junio-de-2020-puede-tener-derecho-a-un-pago-de-distribucion-del-fair-fund-de-g\/","title":{"rendered":"If you purchased GTV common stock and\/or the digital asset security referred to as G-Coins or G-Dollars between April 2020 and June 2020, you may be eligible for a distribution payment from the GTV Media Group Fair Fund"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">SEATTLE<\/span>, <span class=\"xn-chron\">April 15, 2022<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; JND Legal Administration announces that on <span class=\"xn-chron\">September 13, 2021<\/span>, the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) issued an Order instituting and simultaneously settling cease-and-desist proceedings against Respondents GTV Media Group, Inc. (&#8220;GTV&#8221;), Saraca Media Group, Inc. (&#8220;Saraca&#8221;), and Voice of Guo Media, Inc.\u00a0 In the Order, the SEC found that from approximately <span class=\"xn-chron\">April 2020<\/span> through <span class=\"xn-chron\">June 2020<\/span>, Respondents generally solicited thousands of individuals to invest in the GTV Common Stock offering.\u00a0 The SEC further found that during the same period, GTV and Saraca (&#8220;the G Entities&#8221;) also solicited individuals to invest in the Digital Asset offering.\u00a0 According to the Order, as a result of these two unregistered securities offerings, whose proceeds were commingled, Respondents collectively raised approximately <span class=\"xn-money\">$487 million<\/span> from more than 5,000 investors, including individuals in <span class=\"xn-location\">the United States<\/span>. The SEC ordered the Respondents to pay <span class=\"xn-money\">$486,745,063<\/span> in disgorgement, plus prejudgment interest of <span class=\"xn-money\">$17,688,365<\/span> and <span class=\"xn-money\">$35,000,000<\/span> in civil money penalties, for a total of <span class=\"xn-money\">$539,433,428<\/span>, to the SEC.\u00a0 The SEC also created the Fair Fund, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalties paid, along with the disgorgement and interest paid, can be distributed to harmed investors. To date, the Respondents have paid a total of <span class=\"xn-money\">$455,439,194.49<\/span>.\u00a0 Any additional funds collected from the Respondents pursuant to the Order will be added to the Fair Fund.\u00a0 The Fair Fund has been deposited at the United States Department of the Treasury&#8217;s Bureau of the Fiscal Service (&#8220;BFS&#8221;) for investment.<\/p>\n<p>\u00a0<b>G Entities [Relevant Period start and end dates (inclusive)]<\/b>:<\/p>\n<ul type=\"disc\">\n<li>GTV Common Stock [<span class=\"xn-chron\">4\/20\/2020 through 6\/2\/2020<\/span>]; and<\/li>\n<li>G-Dollars or G-Coins [<span class=\"xn-chron\">4\/1\/2020 through 6\/30\/2020<\/span>];<\/li>\n<\/ul>\n<p>On <span class=\"xn-chron\">October 14, 2021<\/span>, the SEC appointed Miller Kaplan Arase LLP as Tax Administrator.\u00a0 The SEC also appointed JND Legal Administration as Fund Administrator (the &#8220;Fund Administrator&#8221;) on <span class=\"xn-chron\">November 23, 2021<\/span>. The SEC approved a plan for the distribution of the GTV Media Group Fair Fund (the &#8220;Plan&#8221;).\u00a0 The Plan is publicly available at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3498565-1&amp;h=3288892317&amp;u=http%3A%2F%2Fwww.gtvmediagroupfairfund.com%2F&amp;a=www.GTVMediaGroupFairFund.com\" target=\"_blank\" rel=\"nofollow\">www.GTVMediaGroupFairFund.com<\/a>, and available on the SEC&#8217;s webpage for this matter at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3498565-1&amp;h=304588014&amp;u=https%3A%2F%2Fwww.sec.gov%2Fdivisions%2Fenforce%2Fclaims%2Fgtv-media-group.htm&amp;a=https%3A%2F%2Fwww.sec.gov%2Fdivisions%2Fenforce%2Fclaims%2Fgtv-media-group.htm\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.sec.gov\/divisions\/enforce\/claims\/gtv-media-group.htm<\/a>.<\/p>\n<p>If you purchased one or more of the securities listed above during the corresponding Relevant Period(s) and would like to be considered for eligibility for a distribution from the GTV Media Group Fair Fund, you must submit a completed and signed Proof of Claim Form (&#8220;Claim Form&#8221;), including adequate supporting documentation of your purchases and a completed tax certification, to the Fund Administrator by the Claims Bar Date.\u00a0<\/p>\n<p>The Claim Form is available at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3498565-1&amp;h=3288892317&amp;u=http%3A%2F%2Fwww.gtvmediagroupfairfund.com%2F&amp;a=www.GTVMediaGroupFairFund.com\" target=\"_blank\" rel=\"nofollow\">www.GTVMediaGroupFairFund.com<\/a>.\u00a0 <b>You may submit your Claim Form online no later than <span class=\"xn-chron\">11:59 p.m. PT<\/span> on the Claims Bar Date <\/b>following the directions at <b><a href=\"http:\/\/www.GTVMediaGroupFairFund.com\/claim\" rel=\"nofollow\">www.GTVMediaGroupFairFund.com\/claim<\/a><\/b>.\u00a0 Alternatively, you may send your Claim Form to the Fund Administrator. \u00a0<b>Claim Forms must be postmarked no later than the Claims Bar Date if sent by First Class Mail; and if not by First Class Mail, received by the Fund Administrator by the Claims Bar Date. \u00a0<\/b>If not submitted online, Claim Forms should be directed to the following address:<\/p>\n<p class=\"prntac\">GTV Media Group Fair Fund<br \/>c\/o JND Legal Administration<br \/>PO Box 91403<br \/><span class=\"xn-location\">Seattle, WA<\/span> 98111<\/p>\n<p>Additional information regarding the GTV Media Group Fair Fund, including the Distribution Plan, the Plan Notice, the Claim Form, relevant deadlines, and related materials are available on the Distribution Website at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3498565-1&amp;h=3288892317&amp;u=http%3A%2F%2Fwww.gtvmediagroupfairfund.com%2F&amp;a=www.GTVMediaGroupFairFund.com\" target=\"_blank\" rel=\"nofollow\">www.GTVMediaGroupFairFund.com<\/a>.\u00a0 You may obtain additional information or request copies of the Claim Form by contacting the Fund Administrator toll-free at 866-853-5013, emailing <a href=\"mailto:info@GTVMediaGroupFairFund.com\" target=\"_blank\" rel=\"nofollow\">info@GTVMediaGroupFairFund.com<\/a>, or writing to:<\/p>\n<p class=\"prntac\">GTV Media Group Fair Fund<br \/>c\/o JND Legal Administration<br \/>PO Box 91403<br \/><span class=\"xn-location\">Seattle, WA<\/span> 98111<\/p>\n<p>Please check the website <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3498565-1&amp;h=3288892317&amp;u=http%3A%2F%2Fwww.gtvmediagroupfairfund.com%2F&amp;a=www.GTVMediaGroupFairFund.com\" target=\"_blank\" rel=\"nofollow\">www.GTVMediaGroupFairFund.com<\/a> frequently for updates.<\/p>\n<p>SOURCE  JND Legal Administration<\/p>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">SEATTLE<\/span>, <span class=\"xn-chron\">April 15, 2022<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; JND Legal Administration announces that on <span class=\"xn-chron\">September 13, 2021<\/span>, the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) issued an Order instituting and simultaneously settling cease-and-desist proceedings against Respondents GTV Media Group, Inc. (&#8220;GTV&#8221;), Saraca Media Group, Inc. (&#8220;Saraca&#8221;), and Voice of Guo Media, Inc.\u00a0 In the Order, the SEC found that from approximately <span class=\"xn-chron\">April 2020<\/span> through&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-116368","post","type-post","status-publish","format-standard","hentry","category-interes-humano"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/116368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=116368"}],"version-history":[{"count":"1","href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/116368\/revisions"}],"predecessor-version":[{"id":116369,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/116368\/revisions\/116369"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=116368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=116368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=116368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}