TCA Global Credit Master Fund Lawsuit
SETTLEMENT REACHED
In 2022, our attorneys filed an amended class action complaint on behalf of TCA investors. The complaint alleges that Grant Thornton Ireland and Grant Thornton Cayman Islands played a role in TCA Management’s misconduct and contributed to investor losses. We reached a settlement with Grant Thornton in April 2024. On May 20, 2025, the court granted final approval of the settlement.
Under the settlement, TCA investors who experienced a loss may be eligible for payment. For questions about payment, please contact the Receiver at receiver@tcafundreceivership.com or (833) 984-1101.
Complete information, including a copy of the Settlement Agreement, can be found on the Receiver Website.
TCA & Grant Thornton Lawsuit
According to our complaint, TCA Management artificially inflated its Funds’ assets in reports to investors, leading to the Funds’ collapse in 2020. On behalf of TCA investors, we sued Grant Thornton, the TCA Funds’ auditor, alleging it knew of the lack of support for the inflated assets but failed to take appropriate action. We alleged that Grant Thornton downplayed the TCA Funds’ significant financial issues at TCA Management’s request. Read a copy of the Grant Thornton Complaint.
Our TCA Attorneys
Dave Stein
Dave represents clients in cases nationwide, ranging from securities and financial fraud cases to product liability, privacy, and data breach suits.
View full profileEmily Beale
Emily Beale represents individuals and consumers harmed by financial fraud and corporate misconduct in complex class actions.
View full profileOur Financial Fraud Experience
Gibbs Mura
Gibbs Mura’s financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. The firm has successfully litigated against some of the largest companies in the United States, and has recovered more than a billion dollars on clients’ behalf.
Gibbs Mura attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern California, Top Plaintiff Lawyers in California, The Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).
Silver Law Group
Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation.
The firm is led by Scott Silver, a former Wall Street defense attorney who has been representing customers in securities and investment fraud cases since 2002. Scott is admitted to practice in New York and Florida and the firm’s FINRA arbitration attorneys represents investors nationwide.
