LJM Preservation and Growth Fund (LJMIX) Securities Lawsuit Investigation
Silver Law Group is investigating investor claims for possible securities laws violations of LJM Preservation and Growth Fund (Stock Symbol: LJMIX).
The LJM Preservation and Growth Fund (“LJMIX”) is a mutual fund that is marketed and sold with the investment goal of preserving capital even in down markets. The mutual fund, allegedly, attempts to preserve its investors’ capital by using put option spreads as a form of mitigation risk.
The once-$800 million fund lost more than 80 percent of its value between February 2-7, 2018. On February 8, 2018, LJMIX announced that it would not be accepting new investments into the mutual fund. According to a letter published by the mutual fund, LJMIX liquidated all its open positions and the mutual fund currently only holds cash.
LJMIX is managed by LJM Funds Management, Ltd. (“LJM”). LJM is managed by Anthony J. Caine and Anish Parvataneni. LJM was founded in 2012 and is headquartered in Chicago, Illinois. The firm holds itself out as a “single-strategy firm” that aims to provide opportunities to investors through “exposure to well-managed alternative strategies.”
LJM and LJMIX may have made false and/or misleading statements and/or failed to disclose that LJMIX was not focused on capital preservation and left its investors exposed to an unacceptable high risk of significant losses.
Contact Our Firm if You’ve Purchased Shares of the LJM Preservation and Growth Fund
If you purchased shares of the LJM Preservation and Growth Fund, contact our firm immediately. We may be able to recover some or all of your losses incurred investing in LJMIX.
Silver Law Group represents the interests of investors who have been the victims of investment fraud. Please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.