Linqto Investors Object To Settlement Bid, Bankruptcy Claims

By Yun Park · September 26, 2025, 6:53 PM EDT

A group of Linqto customers has asked a Texas bankruptcy judge to reject the investment platform's plan to create a closed-end fund and liquidating trust to distribute private company securities through...

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Bankruptcy Scorecard

Summary

A platform that promised to "democratize" private markets by connecting retail investors with pre-IPO startups and other privately held companies filed for bankruptcy to get required regulatory approvals, reshape its structure and work with regulators amid claims that it misled customers and flouted securities law.

Case Number

4:25-bk-90186

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$500 million to $1 billion

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Documents

Related Sections

Case Information

Case Title

Linqto Texas, LLC

Case Number

4:25-bk-90186

Court

Texas Southern

Nature of Suit

Date Filed

July 07, 2025

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