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Form ADV Part 1A Item 11H(1)(c) · Answer type: yn · Item 11 - Disclosure Information
Item 11H(1)(c) asks whether any domestic or foreign court has ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against the firm or any advisory affiliate by a state or foreign financial regulatory authority.
This question captures a specific category of civil litigation resolution: cases where government regulators filed civil lawsuits that were subsequently dismissed as part of negotiated settlements. These represent regulatory enforcement through civil courts rather than administrative proceedings.
Settlement agreement means negotiated resolution where parties agreed to case dismissal, typically involving compliance commitments, financial payments, or other terms without admission of liability. Settlement dismissals often occur when parties prefer negotiated resolution over continued litigation risk.
Yes
The firm reports that courts have dismissed investment-related civil actions filed by state or foreign regulatory authorities pursuant to settlement agreements involving the firm or advisory affiliates.
No
The firm reports No under 11H(1)(c). This answer applies only to this question.
11H(1)(c) - Ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or any advisory affiliate by a state or foreign financial regulatory authority?
This specific question in Item 11H(1) focuses on a particular type of civil case resolution involving government regulatory enforcement.
What 11H(1)(c) does not reveal is the specific nature of regulatory allegations, which authorities filed cases, when settlements occurred, settlement terms, or what compliance changes resulted. Settlement dismissals can range from technical disputes to serious enforcement matters.
Yes
Review detailed disclosure narratives to understand what regulatory allegations prompted civil cases, which authorities filed them, when settlements occurred, which affiliates were involved, and what settlement terms were agreed.
No
The firm reports No under 11H(1)(c). Review the other Item 11 rows separately because each question has its own scope.