In the Matter of Peter R. Kohli, et al.
Case No. 16-cv-05143-JLS (E.D. Pa)
On September 28, 2016, the Commission filed a complaint against Peter R. Kohli ("Kohli"), DMS Advisors, Inc., and Marshad Capital Group, Inc. (collectively, the "Defendants"), and named The DMS Funds ("DMS") as a relief defendant. The complaint alleged that, from 2012 through 2015, the Defendants lied in four distinct ways to induce over 120 investors to invest at least $3.2 million in DMS, which consisted of four emerging markets mutual fund series, all of which were entities owned or controlled by Kohli. See Complaint
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