BBIG Shareholder Legal Fund - BBIG Family
Updated January 2026
This fundraiser was created by retail shareholders of Vinco Ventures, Inc. ($BBIG) to fund legal actions seeking accountability, transparency, and potential recovery for shareholders harmed by years of corporate mismanagement, insider misconduct, and alleged market manipulation.
BBIG Family is an independent, shareholder-organized group formed to preserve evidence, support litigation, coordinate with government authorities, and assist attorneys pursuing justice on behalf of shareholders.
Why We Are Raising Funds
For years, certain members of Vinco Ventures board and it's affiliated colluded with others to defraud shareholders. This has been proven in criminal court (see below). In addition Vinco failed to
- Maintain timely compliance with Nasdaq requirements
- Hold required shareholder meetings
- Provide transparent and consistent financial disclosures
- Communicate a credible roadmap to shareholders
As a result, shareholder value collapsed and retail investors suffered severe losses. Litigation and accountability efforts are expensive, slow, and heavily resisted by hedge funds and insiders who benefit from delay. This fund exists so shareholders are not forced to walk away simply because the other side can outspend us.
Legal Representation
BBIG Family supported efforts involve licensed legal counsel, including
- Jeffrey Haber, Esq. (Haber Law Firm) licensed in New York
- Womble Bond Dickinson licensed in Nevada (Las Vegas office)
Legal Matters Supported by This Fund
Funds raised are used solely for legal fees, filings, investigations, experts, and related litigation costs connected to the following shareholder-driven matters.
Active and Ongoing Matters
1. Hamrick v. Liqueous LP Custodianship and Intervention (Nevada)
Case No. A-25-909588-P
What this case is about (plain English)
This is a court-supervised custodianship and corporate governance case involving Vinco Ventures and Liqueous LP. The purpose is to stabilize the company, address governance failures, and unlock authority to investigate misconduct and pursue recovery actions for shareholders.
Major win
We won our first hearing on January 7, 2026.
At that first hearing, the court granted custodianship and intervention.
This is a critical victory and may allow
- Investigation into prior misconduct
- Correction of governance failures
- Potential board changes
- Preservation and pursuit of shareholder claims
This custodianship win is a cornerstone of ongoing recovery efforts.
2. Hamrick and Martineau v. Farnsworth, Board Members, and Hedge Funds (Nevada)
Case No. A-25-916004-C
What this case is about (plain English)
This is a stockholder derivative lawsuit brought on behalf of Vinco Ventures itself, meaning any recovery belongs to the company and ultimately benefits shareholders.
The case alleges that
- Vinco executives and board members breached their fiduciary duties
- Corporate assets were wasted or diverted
- The company’s business and operations were abandoned
- Hedge funds and funders aided and abetted this misconduct through harmful financing arrangements
What we are asking the court to do
This case seeks
- Money damages from insiders and hedge fund defendants
- Disgorgement and clawbacks of improperly obtained funds
- Appointment of plaintiffs as custodians, allowing them to
- Restore corporate and Nevada compliance
- Pursue SEC and Nasdaq compliance
- Call a shareholder meeting and elect a new board
This case is about taking the company back, stopping further harm, and pursuing recovery for shareholders.
Matters Dismissed Without Prejudice (Rights Preserved)
Without prejudice means the court did not rule on the merits and the claims may be refiled, restructured, or pursued through related proceedings.
3. Vick, Muntz, and Genis v. Farnsworth et al. (Nevada)
Case No. A-23-868781-B
What it was about
A shareholder derivative action alleging fiduciary breaches, corporate waste, and governance failures by Vinco insiders. Although dismissed without prejudice, this case preserved evidence and laid groundwork for the active custodianship and derivative cases now moving forward.
4. Vick v. Hudson Bay Master Fund Ltd. et al. (Federal, SDNY)
Case No. 1:24-cv-00446 (S.D.N.Y.)
What it was about
A federal shareholder derivative action alleging that Hudson Bay and related defendants acted as toxic or death-spiral lenders, engaged in unregistered dealer activity, and harmed Vinco and its shareholders through predatory financing practices. The case was dismissed without prejudice, preserving the ability to pursue related claims through other avenues.
Working With Government and Criminal Accountability
In addition to civil litigation, BBIG Family shareholders are actively cooperating with government authorities to support criminal accountability, oversight, and potential restitution.
Congressional Oversight and Regulatory Advocacy
BBIG Family submitted formal written testimony to Congress requesting oversight and investigation into the role of the SEC and FINRA in failing to protect retail shareholders. This testimony detailed stock manipulation, insider collusion, regulatory inaction, and over 1 billion in shareholder value lost.
Federal Criminal Cases We Are Tracking
These criminal cases are separate from our civil actions, but they matter because they establish facts, admissions, and potential restitution pathways.
United States v. Theodore Farnsworth and J. Mitchell Lowe
Court Docket No. 22-20521-CR
U.S. District Court, Southern District of Florida
Judge David S. Leibowitz
- Theodore Farnsworth pled guilty on January 7, 2025 to securities fraud and conspiracy
- J. Mitchell Lowe pled guilty on September 16, 2024 to conspiracy to commit securities fraud
Upcoming status conferences and sentencing matters
- Lowe December 19, 2025
- Farnsworth January 7, 2026
United States v. Roderick Vanderbilt
Court Docket No. 24-CR-20560
U.S. District Court, Southern District of Florida
Judge David S. Leibowitz
- Roderick Vanderbilt, former Chairman of the Board of Vinco Ventures, pled guilty on April 25, 2025
- Charged with conspiracy to commit securities fraud
Latest update
The status conference regarding sentencing previously set for October 15, 2025 is continued to January 7, 2026 at 9:30 AM before Judge David S. Leibowitz at the Wilkie D. Ferguson, Jr. United States Courthouse, 400 North Miami Avenue, Miami, Florida 33128.
Because of the Court's schedule, hearing dates could change on very short notice. If you plan on attending, you may want to call (888) [phone redacted] or email [[email redacted]](mailto:[email redacted]) to confirm the date and time.
Victim Impact Statements and Restitution
Shareholders who suffered losses may still submit Victim Impact Statements ahead of sentencing to be considered for restitution.
Victims should include
- Brokerage statements
- Transaction records
- Documentation of losses
Submit Victim Impact Statements by email at [[email redacted]]
You may also call (888) [phone redacted]
Due to the high volume of submissions, victims may not have received a response yet. Written statements will be presented to the court prior to any sentencing hearing.
Use of Funds and Oversight
- Funds are used only for legal purposes
- Spending is overseen by a shareholder committee
- No funds are used for personal compensation
- Donations are not investments
- Legal outcomes are not guaranteed
- Donations are non-refundable
Why Your Support Matters
Hedge funds and insiders can afford delay. Retail shareholders cannot.
Every donation helps
- Keep active cases moving
- Fight delay tactics
- Fund investigations, experts, and filings
- Preserve shareholder leverage
If you are a BBIG shareholder and have not joined the effort, connect with us at
To assist with legal fees and shareholder actions, please consider donating
Disclaimer
This fundraiser is not affiliated with Vinco Ventures, Inc.
It is an independent shareholder-organized legal fund.
