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LJMAX Ljm Preservation & Growth FD CL A (MM)

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Name Symbol Market Type
Ljm Preservation & Growth FD CL A (MM) NASDAQ:LJMAX NASDAQ Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Zamansky LLC Investigates the LJM Preservation and Growth Fund for Breaches of Fiduciary Duty to Shareholders

13/02/2018 6:30pm

Business Wire


Ljm Preservation & Growth FD CL A (MM) (NASDAQ:LJMAX)
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Zamansky LLC announces that it is investigating LJM Preservation and Growth Fund (MUTF: LJMIX, LJMAX, LJMCX)(“LJM Fund”) over its loss of 80% of its value. The LJM Fund which is short call and put options on S&P Futures has seen its price fall recently from over $10 per share to around $2 per share. The Fund purports to seek capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the US equities markets.

According to Jake Zamansky, securities fraud attorney, the LJM Fund trades options and derivatives which can cause drastic drawdowns. These strategies have enormous potential risk for investors under certain market conditions, Zamansky states. The LJM Fund is not appropriate or suitable for investors who want or need a conservative or low volatility investment, he says, particularly as a long-term investment.

Zamansky LLC is investigating whether sales of the LJM Fund to investors were suitable and appropriately disclosed. The law firm is also investigating whether the LJM Fund breached fiduciary duties to shareholders in its risk disclosures and its hedging operations.

What LJM Fund Investors Can Do

If you are a long-term investor in the LJM Fund who wishes to discuss their legal rights, or an investor who wishes to have your investment or portfolio reviewed for suitability, you may, without obligation or cost to you, email jake@zamansky.com or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is a leading investment fraud law firm with a practice representing investors in securities, mutual fund, hedge fund and ERISA class action litigation, and FINRA securities arbitration. We are investment fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.

To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com.

Zamansky LLCJake Zamansky, 212-742-1414jake@zamansky.com

1 Year Ljm Preservation & Growth FD CL A (MM) Chart

1 Year Ljm Preservation & Growth FD CL A (MM) Chart

1 Month Ljm Preservation & Growth FD CL A (MM) Chart

1 Month Ljm Preservation & Growth FD CL A (MM) Chart

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