Statement Regarding the Miami Herald Article

In October 2021 — nearly twenty months after the sale — the Miami Herald published an article falsely claiming that Avenir Private Advisors and its prior ownership were under investigation by the SEC and the U.S. Department of Justice.

This story was false, libelous, and defamatory.  Neither the company or its principals were ever contacted by the DOJ. The SEC did a review of the company prior to its sale and found no issues. 
 
The article, authored by Jay Weaver, was based on claims made by a former contractor who had been terminated for abusive behaviour toward employees and for acting against the interests of the company. These claims were amplified by the contractor's contingency lawyers and reported without adequate verification by the newspaper. Jay Weaver is the subject of multiple ongoing defamation claims in Florida. 
 
The allegations were immediately and conclusively disproven. Avenir's ownership successfully pursued the newspaper and its owners for defamation. The Miami Herald acknowledged that it did not possess formal evidence of any DOJ investigation of Avenir or its principals.

A detailed correction addressing every false and defamatory claim and factual inaccuracy in the article was issued by Avenir in November 2021. The full press release is available for download below.

Avenir Private Advisors was a portfolio company by Justin Peter Gardiner Lowe, founder of Gardiner Investments www.gardinerinvest.com and Jean-Francois de Clermont-Tonnerre.  

Learn more at www.justinpeterlowe.com and www.jean-francois-de-clermont-tonnerre.com