IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Catalyst Hedged Futures Strategy Fund (“Catalyst” or the “Fund”) (Nasdaq: HFXAX, HFXCX, HFXIX) concerning possible violations of federal securities laws.
If you purchased Class A, Class C or Class I shares of Catalyst and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
The investigation concerns whether Catalyst and certain of its directors and/or officers violated federal securities laws. The Fund stated in its Prospectuses, that its objective is “capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the US equity market.” It was eventually revealed that Catalyst made a directional bet that the general equity market would not rise significantly in value in the form of massive option contracts that effectively “shorted” the S&P 500. As these undisclosed risks materialized, the Fund’s investors suffered hundreds of millions of dollars in losses. Between February 2, 2017 and March 15, 2017, the Net Asset Value of Catalyst’s Class A shares, Class C shares and Class I shares declined approximately 21%.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at email@example.com.
This press release may constitute Attorney Advertising in some jurisdictions.