Mark Hiraide Quoted in Forbes
MSK Partner Mark Hiraide was quoted in the article 'Crowdfunded Dashcam Startup Fails to Deliver Promised Product, Three Years Later," published by Forbes on May 12, 2022.
From the article...
"Mark Hiraide, a Los Angeles-based attorney, and expert in business finance law, said that crowdfunding platforms can fall into a nether region in which unscrupulous companies can walk away with large sums of money and the platforms can disclaim any liability. 'There are people that are taking advantage of the gray area – it walks like a security and quacks like a security, or the sale of a product — but they offer on these platforms, products that are supposed to be for donations,' he said."