Zamansky LLC’s Investigation of Vida Longevity Fund LP Continues In View of Significant Developments

NEW YORK--(BUSINESS WIRE)--Zamansky LLC is continuing its investigation of Vida Longevity Fund, LP (“Vida Longevity” or the “Company”) in view of the significant recent changes. Several weeks ago, Zamansky LLC first launched its investigation for potential misconduct, misrepresentations, and breaches of fiduciary duty relating to the valuation of Vida Longevity’s assets. All current shareholders are encouraged to contact our law firm to discuss the significance of these recent events.

On October 28, 2020, Vida Longevity announced changes in its management structure and the undertaking of “an exhaustive and comprehensive review” of its portfolio management and underwriting practices. The Company announced that it was updating its life expectancy reports on old policies to align expected mortality with actual mortality rates. This follows previous changes Vida Longevity made to its valuation procedures in April and its subsequent acquisition of a firm to enhance its algorithmic processes.

“These recent announcements raise concerns about Vida Longevity’s past asset valuations and what led to these changes,” according to Jake Zamansky, investment fraud attorney. “Vida Longevity owed its investors truthful and accurate disclosures in the first place.” Zamansky LLC is investigating whether misconduct by the officers and trustees of Vida Longevity caused harm to the Company.

What Vida Longevity Investors Can Do

If you have invested in Vida Longevity in the past five years and continue to hold your shares today, please contact us to review or discuss your legal rights. You may, without obligation or cost to you, email [e-mail] or call the law firm at [phone].

About Zamansky LLC

Zamansky LLC is a leading investment fraud law firm with experience handling securities, hedge fund, ERISA and other shareholder class action and derivative litigation. We are investment fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.

To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com.