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Founder Of Private Equity Firm Pleads Guilty
July 24, 2026
NEW YORK, July 24 -- The office of the U.S. Attorney for the Southern District of New York posted the following news release:

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Founder Of Private Equity Firm Pleads Guilty

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United States Attorney for the Southern District of New York, Jay Clayton, announced today that JAY LUCAS, the founder and managing partner of Lucas Brand Equity LLC ("LBE"), a private equity fund based in Manhattan, pled guilty to securities fraud, investmen . . .

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