Robbins Arroyo LLP: LJM Funds Management, Ltd. Misled Shareholders According to a Recently Filed Class Action

SAN DIEGO & CHICAGO--()--Shareholder rights law firm Robbins Arroyo LLP announces that a class action complaint was filed against LJM Funds Management, Ltd. The complaint is brought on behalf of all purchasers of LJM Preservation and Growth Fund ("LJMIX") shares between February 28, 2015 and February 7, 2018, for alleged violations of the Securities Act. LJM Funds Management, Ltd. is the investment advisor to LJMIX, a mutual fund that purports to invest primarily in purchased and sold call and put options on Standard & Poor’s 500 Futures Index (“S&P”).

View this information on the law firm's Shareholder Rights Blog:
www.robbinsarroyo.com/ljm-funds-management-ltd

LJMIX Accused of Exposing Investors to Catastrophic Losses

According to the complaint, LJMIX filed multiple Registration Statements and Prospectuses in connection with the sale of LJMIX, stating that "[LJMIX] seeks capital appreciation and capital preservation with low correlation to the broader U.S. equity market." LJMIX further represented that "[t]he Fund aims to preserve capital, particularly in down markets (including major market drawdowns), through using put option spreads as a form of mitigation risk." Although LJMIX represented that it was acting in its investors' best interests, LJMIX was not focused on capital preservation and left investors exposed to an unacceptably high risk of catastrophic losses. When the S&P fell approximately 4.6% on February 5, 2018, LJMIX plunged over 80% to close at $1.94 on February 7, 2018.

LJMIX Shareholders Have Legal Options

If you would like more information about your rights and potential remedies, contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts

Robbins Arroyo LLP
Leonid Kandinov
LKandinov@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com

Release Summary

Do you own shares of LJM Funds Management, Ltd.? Robbins Arroyo LLP is investigating claims on behalf of shareholders of LJM Funds Management.

$Cashtags

Contacts

Robbins Arroyo LLP
Leonid Kandinov
LKandinov@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com