Press release
Lawsuit for Investors in Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX) and Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX)
A lawsuit was filed on behalf of investors in Investors in Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX).
If you purchased a significant amount of shares of Investors in Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX) and/or Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX), you have certain options and for certain investors are short and strict deadlines running.
Investors in Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX) and Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges on behalf of purchasers of in Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX) and/or Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX) between December 31, 2018 through February 22, 2021, that the defendants violated Securities Laws. More specifically, the plaintiff claims that the defendants in the Prospectuses made false and/or misleading statements and/or failed to disclose that Infinity Q’s Chief Investment Officer made adjustments to certain parameters within the third-party pricing model that affected the valuation of the swaps held by the Fund, that consequently, Infinity Q would not be able to calculate NAV correctly, that as a result, the previously reported NAVs were unreliable, that because of the foregoing, the Fund would halt redemptions and liquidate its assets, and that as a result, the Prospectuses were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased Infinity Q Diversified Alpha Fund Investor Class (NASDAQ: IQDAX) and/or Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ: IQDNX) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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