Private equity firm fined $20.5m by SEC for disclosure failures

The SEC charged the private equity firm for failing to adequately disclose millions of dollars of real estate brokerage fees that were paid to a real estate brokerage firm owned by its CEO.

Prime Group Holdings LLC, a private equity firm based in Saratoga Springs, NY, has agreed to pay $20.5m to settle US SEC charges related to disclosure failures, the regulator said on Tuesday.

Prime Group failed to adequately disclose millions of dollars that were paid to a real estate brokerage firm

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in