The Frankowski Firm is investing potential claims for investors suffering from Infinity Q Losses.
Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ:IQDNX) and Infinity Q Diversified Alpha Fund Investor Class (NASDAQ:IQDAX). It specifically relates to whether brokerage firm sales practices and due diligence conducted in connection with the recommendations to purchase or hold Infinity Q funds harmed investors.
As reported in the Wall Street Journal on February 23, 2021, investment firm Infinity Q Capital Management LLC asked the Securities and Exchange Commission to halt redemptions on one of its mutual funds and forbid its chief investment officer from trading after discovering issues valuing the fund’s holdings. The WSJ article stated that the SEC informed the investment firm that it had evidence Chief Investment Officer James Velissaris had been adjusting parameters of pricing models that were used to value derivatives in the fund’s portfolio. Therefore, incorrect valuations were likely reported to investors.
Have You Suffered Infinity Q Losses?
If you or someone you know lost money as an investor in the Infinity Q Diversified Alpha Fund Institutional Class (NASDAQ:IQDNX) or Infinity Q Diversified Alpha Fund Investor Class, please call the Frankowski Firm at 888-741-7503 to discuss your potential legal remedies or complete the contact form.