(LJMIX, LJMAX, LJMCX) ALERT: Johnson Fistel Announces Filing of Class Action Lawsuit Against LJM Preservation and Growth Fund; Investors Encouraged to Contact the Firm
SAN DIEGO, Feb. 21, 2018 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP announces the filing of a class action lawsuit on behalf of purchasers who purchased shares of the LJM Preservation and Growth Fund from February 28, 2015 through February 7, 2018, inclusive (the "Class Period"). The lawsuit seeks to recover damages for LJM investors under the federal securities laws.
Class I: (NASDAQ: LJMIX)
Class A: (NASDAQ: LJMAX)
Class C: (NASDAQ: LJMCX)
If you wish to serve as a lead plaintiff, you must move the Court no later than April 10, 2018. If you wish to discuss this action, have any questions concerning this notice, or your rights or interests, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If you email, please include your phone number. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.
According to the lawsuit, during the Class Period defendants made materially false and misleading statements and failed to disclose that: (1) LJM was not focused on capital preservation and left investors exposed to an unacceptably high risk of catastrophic losses; (2) LJM had not taken appropriate steps to preserve capital in down markets.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]
SOURCE Johnson Fistel, LLP
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