Have you suffered losses in the Bernstein Multi Strategy Fixed Income Hedge Fund? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
The Bernstein Multi Strategy Fixed Income Hedge Fund was presented to investors as having less volatility and risk than a comparable intermediate bond fund. Unfortunately for investors, the Bernstein MSFI Fund was in fact a very risky hedge fund with excessive risk and volatility. Apparently the Bernstein MSFI Fund exceeded its leverage restrictions and was not properly hedged to protect the downside of the fund’s investments. According to reports, the MSFI fund lost upwards of 90% of its value.
The White Law Group is investigating the liability that brokerage firms and financial professionals would have for selling the Bernstein Multi Strategy Fixed Income Hedge Fund to their clients.
Brokerage firms and financial advisors have a fiduciary duty to perform adequate due diligence on any investment they recommend and to ensure that such recommendations are appropriate for their client in light of that particular clients’ age, income, investment experience, investment objectives, and net worth.
If you suffered losses investing in the Bernstein Multi Strategy Fixed Income Hedge Fund, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.