Investigation – LJM Partners – LJM Preservation and Growth Fund
Have you suffered losses investing in LJM Funds at the advice of your financial advisor? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
LJM Partners is a hedge fund based in Chicago with about half a billion dollars in assets. Unfortunately for investors, LJM’s highly leveraged mutual fund, the LJM Preservation and Growth Fund, collapsed by 82 percent in February. The fund reportedly lost $600 million in 2 days
Numerous investor lawsuits have been filed against LJM Partners for allegations of exposure to high risk of significant losses, and false and misleading financial statements, among others.
Investigating Potential Claims
The White Law Group has received numerous calls from investors who have suffered significant investment losses in LJM Funds. The firm continues to investigate potential claims involving broker-dealers who may have unsuitably recommended LJM Preservation and Growth Fund to investors.
Broker dealers required to perform adequate due diligence on all investment recommendations. They must ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of LJM Preservation and Growth Fund or another LJM Partners fund, please contact The White Law Group at 1-888-637-5510 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 Vero Beach, Florida. For more information on the firm, visit www.WhiteSecuritiesLaw.com.