Josh Allen may lose companies as one impact from receivers working on Walk-On’s, Ferrum cases

In Lubbock, Max Tarbox is trying to figure out how many companies Joshua Allen owns to collect a lawsuit judgment against Allen breaching his duty to other investors in the Amarillo Walk-On’s restaurant.

In San Antonio, attorneys believe a $1.175 million payment is just the first to help hundreds of Ferrum Capital victims recover some of their millions in investments.

Allen and his fellow Ferrum cofounder Michael Cox – both of Lubbock – are under federal indictment for securities fraud by a San Antonio grand jury. So is their affiliate Brooklyn Chandler Willy. They face an April 2026 trial date…

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