SAN FRANCISCO, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP alerts investors in LJM Funds Management, Ltd. (LJM Preservation and Growth Fund Class I) (NASDAQ:LJMIX) to the securities class action pending in the United States District Court for the Northern District of Illinois and to the April 10, 2018 Lead Plaintiff deadline. If you purchased or otherwise acquired securities of LJMIX between February 28, 2015 and February 7, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing
The complaint charges defendants made false and/or misleading statements or did not disclose that LJMIX was not focused on capital preservation but instead exposed investors to high risks of catastrophic losses. When on February 5, 2012 the S&P fell about 4.6 percent, the price of LJMIX fell approximately 80 percent during two trading days to close at $1.94 on February 7, 2018.
“We’re focused on the apparent difference between defendants’ statements concerning the LJMIX investment goals and the true strategies which inflicted enormous losses on LJMIX investors,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding LJMIX should consider their options to help in the investigation or take advantage of the SEC whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email LJMIX@hbsslaw.com.
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Reed Kathrein, 510-725-3000