Buchanan Litigator Miranda Soto Serves as Counsel to the Receiver in SEC v. Cambridge Capital Group Advisors, LLC
Miranda Soto, shareholder in Buchanan’s Litigation section, currently serves as Counsel to the Receiver in connection with the Securities and Exchange Commission v. Cambridge Capital Group Advisors, LLC action. The action stemmed from an investment adviser firm and its two former principals defrauding investors, most of whom were retired NFL players who had joined a class-action lawsuit against the league claiming they suffered brain injuries as a result of concussions. Phillip Timothy Howard, attorney and former president at Cambridge Capital Group Advisors, pled guilty to racketeering and was sentenced to 14 years in prison on November 7, 2023. His prison sentence will be followed by three years of supervised release, and he will be required to pay restitution in the amount of $12.64 million. The Daily Business Review included more details in this article: “Disbarred Florida Attorney Sentenced to 14 Years in Federal Prison.”
In her role as the federal court-appointed Counsel to the Receiver, Miranda is responsible forassisting the Receiver in recovering assets, resolving legal issues, and administering the process of returning those assets to injured investors and other creditors with the approval of the Court.
Miranda is Florida Bar Board Certified in Civil Trial Law and has tried approximately 70 cases to verdict. She specializes in high-stakes litigation and complex commercial cases on behalf of private equity, hedge funds, high-end insurance companies, law firms and other sophisticated businesses in cases involving commercial and business disputes, professional and legal malpractice claims, product liability, complex fraud matters, public policy matters, cases of first impression, high-stakes personal injury cases, franchisee/franchisor litigation, trust and estate litigation and premises liability at the state and federal levels. She also serves as the practice group leader for Buchanan’s product liability group.