If you are just learning about or still supporting the fight to hold bad actors accountable and recover damages from the fraud perpetuated on Vinco Ventures shareholders - please read these FAQs below.
With our recent win in court and the new custodianship in place, we are seeking volunteers to support BBIG Family efforts and help move this work forward.
We need help with shareholder advocacy, outreach, fundraising, legal support, pro bono professional services, journalism and press contacts, networking, and shareholders with exectuve skillsets. We also welcome support from people with software development capabilities and those with access to capital or fundraising networks.
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.
All funds are deposited into the BBIG Family Trust, which maintains a bank account dedicated to legal funds. The trust is managed by a committee of shareholders and shareholder trustees.
You can donate through GoFundMe https://www.gofundme.com/f/retail-shareholders-unite Or by Zelle to retail@bbigfamily.com
We started $5 Fridays and $10 Tuesdays to keep it fun and light. If everyone gives a little, it adds up and helps keep us funded. If you can donate more, we appreciate your support.
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
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.
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)
Funds raised are used solely for legal fees, filings, investigations, experts, and related litigation costs connected to the following shareholder-driven matters.
Case No. A-25-909588-P
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
This custodianship win is a cornerstone of ongoing recovery efforts.
Case No. A-25-916004-C
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
What we are asking the court to do
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.
Case No. A-23-868781-B
What it is 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.
Case No. 1:24-cv-00446 (S.D.N.Y.)
What it is 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.
In addition to civil litigation, BBIG Family shareholders are actively cooperating with government authorities to support criminal accountability, oversight, and potential restitution.
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.
These criminal cases are separate from our civil actions, but they matter because they establish facts, admissions, and potential restitution pathways.
Court Docket No. 22-20521-CR
U.S. District Court, Southern District of Florida
Judge David S. Leibowitz
https://www.justice.gov/criminal/criminal-vns/case/united-states-v-theodore-farnsworth-and-j-michell-lowe
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
Recent and upcoming status conferences and sentencing matters
Lowe December 19, 2025
Farnsworth January 7, 2026
July 2026
Court Docket No. 24-CR-20560
U.S. District Court, Southern District of Florida
Judge David S. Leibowitz
https://www.justice.gov/criminal/criminal-vns/case/united-states-v-roderick-vanderbilt
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 was 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.
Next status July 2026
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) 549-3945 or email Victimassistance.fraud@usdoj.gov to confirm the date and time.
Mamadou Coulibaly vs Farnsworth et al
A-23-871337-B
SEC vs Farnsworth
122-cv-08226-KPF-SEC
Butta-Ma vs Vinco
A-23-869011-B
Shareholders who suffered losses may still submit Victim Impact Statements for the 2 DOJ cases above ahead of sentencing to be considered for restitution.
Victims should include
Submit Victim Impact Statements by email at Victimassistance.fraud@usdoj.gov
You may also call (888) 549-3945
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.
Hedge funds and insiders can afford delay. Retail shareholders cannot.
Every donation helps
If you are a BBIG shareholder and have not joined the effort, connect with us at
BBIG Family Website -
To assist with legal fees and shareholder actions, please consider donating
This fundraiser is not affiliated with Vinco Ventures, Inc. It is an independent shareholder-organized legal fund.
Pics from our first hearing "Pro Se" Daryl Genis, Christopher Muntz and Shadwrick Vick (me) entering 8th Judicial Court with Honorable Nancy Allf presiding
God bless my BBIG family!!
Please donate through GoFundMe https://www.gofundme.com/f/retail-shareholders-unite Or by Zelle - to retail@bbigfamilycom
Contact us at www.bbigfamily.com