Lawrence R. Goldfarb

On June 20, 2012, the Court found that the defendants [Goldfarb] were in breach of the Final Judgment by failing to pay the disgorgement amounts ordered. The Court also found that defendants had failed to establish a good faith effort to fulfil their disgorgement obligations because, among other things, they used available funds for large personal expenses such as courtside seats to Golden State Warriors games, charters of aircraft for personal trips, Goldfarb's mortgage payment and numerous personal vacations, rather than to pay disgorgement.

On March 1, 2011, the Securities and Exchange Commission (SEC) alleged that Goldfarb and his company illegally diverted $12 million from a hedge fund side pocket investment to other entities he controlled. On March 1, 2011, without admitting or denying allegations, Goldfarb settled with the SEC.

Goldfarb began his career as a tax attorney for Milbank, Tweed, Hadley & McCloy and subsequently became a tax analyst with Skadden, Arps, Slate, Meagher & Flom, where he specialized in financings, mergers and recapitalizations. Afterwards, Goldfarb moved to San Francisco, California and joined Credit Suisse First Boston Corporation as a Partner and Director of the Mergers and Acquisitions Group. In 1998 he formed BayStar Capital Management, LLC, a vehicle in which he could fund growth oriented, small capitalization, and publicly traded companies. Through Baystar, Goldfarb funded and invested in a variety of companies such as World Online and XM Satellite Radio. Goldfarb was well known for being one of the most foremost investors and experts in Private investment in public equity, also known as PIPEs. In 2005, he founded LRG Capital Group in Larkspur, California where he served as CEO until July 2011 when he announced his retirement from active management of the company to focus on philanthropic activities. Goldfarb currently serves as a board member and West Coast Director of AutismAid, an organization dedicated to assisting and fundraising for other autism non-profit organizations.

In 1984, Goldfarb graduated cum laude with a Juris Doctor degree from Georgetown University Law School and wrote for the Georgetown Law Journal.

Goldfarb grew up in the New York City boroughs outside Manhattan and attended Forest Hills High School. Following high school, he attended George Washington University and earned a B.A. in International Economics, and graduated in 1981.

Lawrence R. Goldfarb (born November 21, 1958 in Queens, New York City, NY) is an American hedge fund manager, and CEO and founding partner of the LRG Capital Group. Goldfarb also owns LRG Racing, which competed in the American Federation of Motorcyclists, and is the founder of the Lawrence Goldfarb Judicial Foundation and Lawrence Goldfarb Criminal Justice Partners.