Andrew Cordle, the entrepreneur behind the Aspire4More brand, is a named defendant in at least two pending federal securities fraud lawsuits as of mid-2026: one in Wyoming and one in Florida. Both cases allege that investors were defrauded through programs and investments marketed under the Aspire umbrella, including Aspire Events LLC and Collective Equity Inc. None of the allegations have been proven in court.
The Wyoming Case: Taylor v. Norada Capital Management
On March 3, 2025, a group of investors filed Taylor et al v. Norada Capital Management LLC et al in the U.S. District Court for the District of Wyoming (Case No. 2:25-cv-00062). The complaint alleges securities violations and names Cordle alongside Aspire Events LLC, Collective Equity Inc., Eddie Wilson, and several Norada-affiliated entities.1CourtListener. Taylor v. Norada Capital Management LLC
The plaintiffs, a mix of individuals and entities including Kathleen Grossart Taylor, Timothy Keeton, and several IRA and LLC accounts, asked for a jury trial, a preliminary injunction, and the immediate appointment of a receiver to take control of the defendants’ assets. An emergency motion for a receiver followed on March 11, 2025.1CourtListener. Taylor v. Norada Capital Management LLC
In June 2025, Cordle, Wilson, Aspire Events, and Collective Equity moved to dismiss for lack of jurisdiction.2PACER Monitor. Taylor et al v. Norada Capital Management LLC, Motion to Dismiss Brief That motion remained pending a year later, with the case assigned to Judge Alan Bond Johnson.1CourtListener. Taylor v. Norada Capital Management LLC
The Florida Cases: Zimon and Graef v. Aspire Events
On April 7, 2026, a second federal securities fraud complaint was filed in the U.S. District Court for the Middle District of Florida. Zimon et al v. Aspire Events LLC et al (Case No. 3:2026cv00775) was brought by Beata Zimon, Critterstrong Corporation, OLV LLC, and GGGA Holdings LLC.3Justia Dockets. Zimon et al v. Aspire Events LLC et al
The complaint alleges securities fraud under 15 U.S.C. ยง 77 and reaches a wider set of defendants than the Wyoming action. In addition to Cordle, Aspire Events, Collective Equity, and Eddie Wilson, the Florida case names Retail Ecommerce Ventures LLC (doing business as REV Holdings), Themed Str Capital Fund LLC, and three individuals: Taino Adrian Lopez, Alexander Farhang Mehr, and Maya Rose Burkenroad. Judge Wendy W. Berger is presiding.3Justia Dockets. Zimon et al v. Aspire Events LLC et al
A related complaint, Graef et al v. Aspire Events LLC et al, was filed the same day in the Middle District of Florida.4PACER Monitor. Graef et al v. Aspire Events LLC et al By May 2026, attorney Allen S. Katz had appeared for several defendants, including Cordle, and motions were pending over a possible stay while the Judicial Panel on Multidistrict Litigation considered whether to consolidate the related suits.3Justia Dockets. Zimon et al v. Aspire Events LLC et al
What Investors Say Happened
The law firm Geraci LLP, which is evaluating potential class action claims against Aspire-related entities, has compiled accounts from people who participated in Cordle’s programs. According to the firm’s investigation, participants paid between $75,000 and $175,000 or more for offerings such as the General Partner pathway, mentorship packages, and wealth masterclasses, and say they received little of what was promised.5Aspire Tour Fraud. Aspire Tour Fraud Investigation
After the initial payments, participants say they were pressured to put in additional sums above $300,000 to “unlock” results. Real estate investments described as “hibiscus projects” and agricultural properties allegedly produced no returns and no updates.5Aspire Tour Fraud. Aspire Tour Fraud Investigation
Other complaints include unauthorized charges and a refusal to honor advertised “100% money-back guarantees.” Geraci LLP says some complainants were offered settlements between $25,000 and $100,000, conditioned on signing gag clauses and waiving legal rights, and the firm has suggested those agreements may be unenforceable. Documented losses cited in the investigation exceed $250,000.5Aspire Tour Fraud. Aspire Tour Fraud Investigation
Who Else Is Named Alongside Cordle
Eddie Wilson is Cordle’s co-defendant in both federal cases. The Geraci investigation identifies Wilson as the 60% owner of AAPL and as connected to the National Real Estate Investment Group, Aspire Tour, and roughly 80 related entities, with Cordle described as his partner in soliciting investments through Aspire events.5Aspire Tour Fraud. Aspire Tour Fraud Investigation
The Wyoming case also names Norada Capital Management LLC, a California private equity fund whose CEO, Marco Santarelli, was later charged by the Department of Justice and the SEC over what federal authorities allege was a Ponzi scheme that cost more than 500 investors about $62.5 million. Santarelli pleaded guilty to parallel criminal charges and consented to a final judgment in the SEC action.6U.S. Department of Justice. Former CEO of Orange County-Based Private Equity Fund Charged With Conning Investors Out of $62.5 Million7U.S. Securities and Exchange Commission. SEC Litigation Release LR-26420
The Florida case brings in Retail Ecommerce Ventures LLC and its co-founders Tai Lopez (Taino Adrian Lopez) and Alexander Mehr. REV acquired bankrupt retail brands including RadioShack, Pier 1 Imports, Modell’s Sporting Goods, Dress Barn, and Stein Mart. In September 2025, the SEC filed a separate civil fraud complaint accusing Lopez and Mehr of running a $112 million Ponzi scheme between 2020 and 2022, alleging that $16.1 million was diverted for their personal use. That SEC case was administratively closed in early 2026 while the parties negotiated a settlement.8The Middle Market. RadioShack, Pier 1 Buyers Accused of Misleading Investors in Ponzi Scheme Complaint by SEC9CourtListener. Securities and Exchange Commission v. Lopez
An Earlier Judgment Against Cordle
The current federal suits are not Cordle’s first litigation. In 2014, a default judgment was entered against him in the Circuit Court of Cook County, Illinois in Schumacher v. Cordle (Case No. 2014 L 008968). The judgment ran against Cordle and two Indiana limited liability companies he was associated with, Guidant Investments LLC and Financial Momentum LLC.10Trellis Law. Default Judgment Order, Schumacher v. Cordle
In February 2018, the plaintiff Bobbie Schumacher domesticated the Illinois judgment in St. Johns County, Florida (Case No. CA18-0234) so it could be enforced there. That Florida enforcement case has since been closed.10Trellis Law. Default Judgment Order, Schumacher v. Cordle
Where Things Stand
The Wyoming case remains pending, with Cordle’s motion to dismiss for lack of jurisdiction still awaiting a ruling.1CourtListener. Taylor v. Norada Capital Management LLC The Florida case is in its early stages, with defense counsel appearing and possible MDL consolidation under review.3Justia Dockets. Zimon et al v. Aspire Events LLC et al No judgments have been entered against Cordle in either securities fraud action, and his Aspire4More website continues to market its programs to entrepreneurs.11Aspire4More. Aspire4More