The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois on behalf of investors who purchased LJM Preservation and Growth Fund (NASDAQ: LJMIX) offered by LJM Funds Management Ltd. between February 28, 2015 and February 7, 2018.
According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (1) LJMIX was not focused on capital preservation and left investors exposed to an unacceptably high risk of catastrophic losses; and (2) LJMIX had not taken appropriate steps to preserve capital in down markets.
If you suffered a loss in LJMIX you have until April 10, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesnâ€™t require that you serve as a lead plaintiff.
To receive more information, please fill out the form.