NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, a global investor rights firm, reminds purchasers of the securities of Virtus Investment Partners, Inc. (NASDAQ:VRTS) from May 28, 2013 through December 22, 2014 of the important April 21, 2015 lead plaintiff deadline in the class action. The lawsuit seeks to recover investors’ losses under the federal securities laws.
To join the Virtus class action, visit the firm’s website at http://www.rosenlegal.com/cases-523.html, or contact Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According to the lawsuit, Virtus offered funds with an “AlphaSector” strategy through a relationship with F-Squared Investments, Inc., an investment advisory firm. The Company concealed from investors that past results of AlphaSector funds were grossly overstated and inflated. On December 22, 2014, the SEC announced that it had formally charged F-Squared for fraud and other violations of the Investment Advisors Act of 1940. As a result of this news, shares of Virtus dropped significantly on heavy trading volume.
If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2015. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-523.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll-free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.