February 2018

Issuer Defends Litigation After Mutual Fund Collapse

An issuer and its officers face litigation arising from the largest mutual fund collapse in recent history. Our firm is defending the issuer and its officers.

In February 2018, the fund lost 80% of net asset value during a spike in market volatility over two days. Our firm continues to defend the issuer and its officers from federal securities law claims in class actions in federal and state court, as well as shareholder derivative claims.