2025-12-03 sec-litreleases complaint 345 KB 140 chars

SEC v. Yida Gao; and Shima Capital Management LLC, No. 3:25-cv-10200-SK, Northern District of California (Dec. 3, 2025) — Complaint

raw: Yida Gao and Shima Capital Management LLC (“Shima Capital”), alleges as follows:

Yida Gao and Shima Capital Management LLC (“Shima Capital”), alleges as follows:, No. 3:25-cv-10200-SK (Dec. 3, 2025)

Caption
Securities and Exchange Commission v. Yida Gao and Shima Capital Management LLC
Source PDF JSON

Enriched metadata

Scheme
pre-ipo-fraud (95%)
Court
Northern District of California
Case No.
3:25-cv-10200-SK
Victim loss
$165,000,000
Entity
Yida Gao and Shima Capital Management LLC
Classified pre-ipo-fraud(confidence 95%). EDGAR detection: forms S-1/Form D/1-A· recall 72% / precision 8%. detection rule →
Statutes
15 U.S.C. § 77q(a)15 U.S.C. § 78j(b)15 U.S.C. § 80b-6(4)15 U.S.C. § 77t(b)15 U.S.C. § 78u(d)15 U.S.C. § 80b-9(d)15 U.S.C. § 77t(d)15 U.S.C. § 77t(e)15 U.S.C. § 80b-1415 U.S.C. § 77v(a)15 U.S.C. § 78aa15 U.S.C. §80b-2(a)15 U.S.C. § 80b17 C.F.R. § 240.10b-517 C.F.R. § 275.206(4)Section 17(a) of the Securities ActSection 10(b) of the Securities Exchange ActSection 206(4) of the Investment Advisers ActSection 20(b) of the Securities ActSection 20(d) of the Securities ActSection 20(e) of the Securities ActSections 20(b), 20(d), and 22 of the Securities ActSection 22(a) of the Securities ActRule 10b-5Rule 3-2(d)
Parties
Securities and Exchange CommissionYida GaoShima Capital Management LLC
Keywords
gaoshima capitalbitcloutshimacapitalinvestorsspvinvestmentsecuritiescapital fundsecurities exchangeexchangedocument pagefundllc

Extracted insights

Entities 6
  • person fraud scheme
  • agency Securities and Exchange Commission
  • organization Securities and Exchange Commission
  • organization Shima Capital Fund I
  • company Shima Capital Management LLC
  • person yida gao
Triples 10
  • Yida Gao made misrepresentations to investors
  • Yida Gao raised funds $158 million
  • Yida Gao formed Shima Capital Management Llc
  • Securities And Exchange Commission alleges fraud scheme
  • Yida Gao pitched Shima Capital Fund I
  • Yida Gao misled investors about investment returns
  • Yida Gao created marketing memorandum
  • Yida Gao solicited funds $11.9 million
  • Shima Capital Management Llc managed investments Shima Capital Fund I
  • Securities And Exchange Commission registered Shima Capital Management Llc
PDF
Yida Gao and Shima Capital Management LLC (“Shima Capital”), alleges as follows: · Source
Text layers
Extracted body text (140c) 
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