The St. Louis-based fund group's founder faces fraud charges from Show Me State regulators. The St. Louis Post-Dispatch
's Mary Jo Feldstein reports that, on Thursday, Missouri regulators accused Chicken Little Fund Group
founder Stephen M. Coleman
of fraud. They claim he sold advisory firm clients (of his other $7 million AUM firm, Daedalus Capital
) investments in Chicken Little without disclosing the potential conflict of interest. The state's gunning for $200,000, plus costs and a revocation of Coleman's securities license.
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