At The Good Law Group, we are investigating claims on behalf of startups and entrepreneurs who were misled, exploited, and financially harmed by DelMorgan Group, LLC and its affiliate, Globalist Capital, LLC. If your company engaged DelMorgan or Globalist Capital to raise capital or provide strategic financial advice and you received little or no value in return, you are not alone — and you may be entitled to significant financial compensation.
A Pattern of Misconduct
A recent lawsuit filed in Los Angeles County paints a troubling picture of how DelMorgan and Globalist Capital operate. The plaintiff, Sprngboard, Inc., is a blockchain-focused music tech startup that alleged a wide range of misconduct, including:
- Intentional misrepresentation
- False promises
- Breach of contract
- Breach of the implied covenant of good faith and fair dealing
The allegations suggest that DelMorgan and its affiliate Globalist Capital follow a deceptive business model designed to collect large upfront fees from startup clients while providing little or no meaningful services in return.
If this sounds familiar, The Good Law Group wants to hear your story.
How the Scheme Allegedly Works
Sprngboard’s complaint outlines a common playbook:
- The Pitch: DelMorgan presents itself as a seasoned investment bank with a $300 billion transaction history, promising custom-tailored financial solutions, aggressive marketing, and a rapid four-month timeline to raise capital.
- The Hook: DelMorgan requires a substantial upfront fee — in Sprngboard’s case, $150,000 — to engage as the company’s exclusive strategic and financial advisor.
- The Stall: Once the fee is paid, DelMorgan performs minimal work. Marketing materials are hastily repackaged versions of the client’s own documents. Outreach to investors is vague or nonexistent.
- The Switch: After months of inaction, DelMorgan introduces clients to a “pre-institutional” bridge funding scheme via a related platform called IWouldFundThat, allegedly run by DelMorgan insiders.
- The Squeeze: If clients refuse, DelMorgan still retains rights to compensation for future deals with a broad list of covered investors — creating the opportunity for a triple payday with little or no real performance.
According to the lawsuit, DelMorgan’s failure to perform not only deprived Sprngboard of needed funding, but put the company’s future at risk and left founders scrambling to recover from broken promises and financial strain.
A Widespread Problem
Sprngboard’s case is not unique. Other startups have accused DelMorgan of:
- Taking large upfront fees while doing minimal due diligence or outreach
- Claiming credit for fundraising efforts they did not lead
- Leveraging “tail” clauses to claim fees long after engagements ended
- Using deceptive marketing to overpromise and underdeliver
In one case filed by a bankruptcy trustee, DelMorgan was accused of providing no value whatsoever in exchange for its fee. In another, the company allegedly pursued a fee even after failing to secure financing. If you’ve had a similar experience, you may have legal claims against DelMorgan and its affiliates.
Our approach is simple: We listen, we investigate, and we take action. Whether you are still under contract with DelMorgan or terminated your engagement in frustration, we may be able to help.
Do You Have a Claim?
You may have a valid claim against DelMorgan Group, Globalist Capital, or both if:
- You paid an upfront fee for capital-raising or strategic advisory services
- You received little or no meaningful work product in return
- You were pressured into “pre-institutional” bridge financing or referred to related companies or platforms
- Your company was not properly marketed to potential investors
- You believe DelMorgan’s conduct caused financial loss, delays, or missed opportunities
Even if time has passed, legal remedies may still be available. Every situation is unique — and our team is ready to evaluate your case.
What We’re Offering
The Good Law Group is currently speaking with companies across the country that engaged DelMorgan or Globalist Capital under similar terms. If your story aligns with the patterns outlined in the lawsuit or this blog post, you may be eligible to join a group action or file an individual claim for damages, including:
- Recovery of upfront fees paid
- Reimbursement for wasted time and opportunity costs
- Damages for fraud and misrepresentation
- Attorneys’ fees and litigation costs
We offer free consultations and flexible fee structures, including contingency arrangements where appropriate. If we don’t recover for you, you don’t pay us.
Take the Next Step
If you suspect that DelMorgan or Globalist Capital misled your company or failed to deliver on their promises, don’t wait.
Contact us today for a free, confidential case evaluation. Our legal team will review your agreement, assess the facts, and advise you on your rights.
📞 Call us: (847) 577-4476
📧 Email: info@thegoodlawgroup.com
🌐 Visit: www.thegoodlawgroup.com
Let us help you hold them accountable.
The Good Law Group – Protecting Founders. Pursuing Justice.
