Case filing & court posture: Navellier & Associates Inc., a Reno, Nevada-based registered investment advisor, filed Chapter 11 on September 5, 2025, in the U.S. Bankruptcy Court for the District of Nevada (Case No. 25-50820, Judge hlb). Dkt. 1 The petition followed a $31.3 million final judgment entered against the Debtor by the U.S. District Court for the District of Massachusetts in 2021 for Securities and Exchange Commission (SEC) enforcement action alleging securities law violations related to fraudulent marketing of the Vireo AlphaSector investment products between 2010 and 2013. Dkt. 76 The judgment comprises $22.7 million in disgorgement, $6.6 million in prejudgment interest, and $2 million in civil penalties.