Burton W. Wiand was appointed Receiver over EquiAlt LLC, EquiAlt Fund, LLC, EquiAlt Fund II LLC, EquiAlt Fund III LLC, EquiAlt Fund SIP LLC and the Relief Defendants named in a new SEC action filed in the Middle District of Florida, the case was filed on February 11, the appointment was dated 2/14. For more information about the case, see the SEC News Release here.