Receivership Management, Inc, Independent Fiduciary for Axim Fringe Solutions Group, LLC and Axim Managed Retirement Solutions, LLC
1994 Gallatin Pike N, Ste 202
Madison, TN 37115
615-370-0051
Notice to Axim Employer Clients
Counsel for Ms. McManes and Mr. Campbell have asserted that they no longer represent their respective clients. Thus, at this time, RMI is treating Ms. McManes and Mr. Campbell as self-represented. Below is the contact information Ms. McManes, Mr. Campell and the Axim entities:
Melissa McManes
2200 S Fort Apache Rd, Unit 2250
Las Vegas, NV 89117
James Campbell
4848 N. Goldwater Blvd., Unite 4017
Scottsdale, AZ 85251
Axim Fringe Solutions Group, LLC
C/o James Campbell
8925 W. Post Road, Suite 105
Las Vegas, NV 89148
At this time, Axim has not funded the Distribution Account (Settlement Account) as required in the Consent Order. Axim's payment was due on July 22, 2024.
The Department of Labor is aware that the payment has not been made and has spoken with Axim’s counsel concerning Axim's failure to make the payment. No extension of time has been granted and the Department of Labor is discussing this matter internally.
Receivership Management, Inc. will not request a Proof of Claim from you until there are funds to utilize for such claims. This is a developing matter and further updates will be posted to this website as information is available.
Mailing address:
Axim Fringe Solutions Group, LLC and Axim Managed Retirement Solutions, LLC
c/o Receivership Management, Inc.
1994 Gallatin Pike N, Ste 202
Madison, Tennessee 37115
615.370.0051
On May 23, 2024, the U.S. District Court for the District of Maryland appointed Receivership Management, Inc. (“RMI”) as Independent Fiduciary for Axim Fringe Solutions Group, LLC and Axim Managed Retirement Solutions, LLC (“Axim”). This appointment is a part of a Consent Judgment and Order issued by U.S. District Judge Peter J, Messitte for Civil Case Number 8:24-cv-00483-PJM. The Consent Judgment and Order contains the terms of the parties’ agreement to end a lawsuit brought by the U.S. Department of Labor against Axim Fringe Solutions Group, LLC, Axim Managed Retirement Solutions, LLC, and its former trustees/fiduciaries.
Consent Order & Amended Complaint - Filed 5/23/24
Notice to Potential Participants - Mailed 5/30/24
Notice to Potential Participants Re Failure to Fund Settlement - 8/12/24
IF's First Activity & Fee Filing - Filed September 26, 2024
IF's Response and Motion Pursuant to Order of the Court