Cornell Capital Partners LP

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Allegations

YA Global Investments, LP v. Bendix CVS Canada Inc. et al: Complaint

Complaint in YA Global Investments, L.P., formerly Cornell Capital Partners, L.P. v. Bendix CVS Canada Inc., Bendix Commercial Vehicle Systems LLC, SmarTire Systems Inc., SmarTire Technologies Inc., and SmarTire USA Inc. at the U. S. District Court for the District of New Jersey.

YA Global Investments, LP et al v. USA et al: Complaint

Complaint in YA Global Investments, L.P., formerly Cornell Capital Partners, L.P., and Yorkville Advisors, LLC v. United States of America, Microsoft Corp., CoroWare, Inc., formerly Innova Robotics and Automation, Inc. and Innova Holdings, Inc.; CoroWare Technologies, Inc. Robotic Workspace Technologies, Inc., Robotic Software Services, Inc., formerly Altronics Service, Inc.; and Innova Robotics, Inc., formerly Service Robotics, Inc., at the U. S. District Court for the District of New Jersey.

Hedge fund group receives Cayman license, seeks to profit from penny stocks

An offshore hedge fund has been set up by a group with an eye-popping record of profiting from trades in penny stocks whose issuers have collectively lost more than $1.2 billion. Cornell Capital Partners Offshore Ltd. was licensed as a mutual fund by the Cayman Islands Monetary Authority on July 1, 2003.Â