Important Investor Alert for All Owners of the LJM Preservation and Growth Fund

  Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of shareholders of the LJM Preservation and Growth Fund  

Lead Plaintiff Deadline is April 10, 2018    

NEW YORK, Feb. 22, 2018 -- Wolf Haldenstein Adler Freeman & Herz LLP   announces  that  a federal securities class action lawsuit has been filed  against LJM Funds Management, Ltd.  (“LJM Partners” or the “Company”) (NASDAQ:LJMIX)  and certain of its officers.  The class action, filed in the United States District Court for the Northern District of Illinois, is on behalf of a class consisting of investors who purchased or otherwise acquired shares  of the LJM Preservation and Growth Fund (“LJMIX” or the “Fund”) between  February 28, 2015 and  February 7,  2018, both  dates inclusive  (the “Class  Period”).

Investors who have incurred losses in mutual fund shares of the LJM Preservation and Growth Fund are urged to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.

If   you have incurred  losses  in  the mutual fund shares of the LJM Preservation and Growth Fund and would like to assist with the litigation process as a lead plaintiff, you may, no later than April 10, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the LJM Preservation and Growth Fund.

LJM  Partners  operates  as  an   investment  management  firm.  The   Company specializes in volatility strategies aims to deliver low correlation to equity markets. LJM Preservation & Growth Fund is an open-end fund incorporated in the  United States. The  Fund’s  objective  is  capital  appreciation.  The  Fund  invests primarily in long  and short call  and put  options on Standard  & Poor’s  500 Index futures contracts and cash and cash equivalents, including  high-quality short-term debt securities such as U.S. Treasury securities.

The filed Complaint  alleges  that  throughout the  Class  Period,  Defendants  made materially false and misleading  statements regarding the Company’s  business, operational and  compliance  policies.  Specifically, Defendants  made  false and/or misleading statements and/or failed to disclose that:

• LJMIX was not focused on capital preservation and left investors exposed to an  unacceptably high risk of catastrophic losses; and
   
• Managers of LJMIX had not taken appropriate  steps to preserve  capital  in  down  markets  and  left  investors  exposed  to  an unacceptably high risk of  catastrophic losses.

The excessive risk inherent in the  fund  began to emerge on February 5, 2018, when the S&P fell approximately 4.6%. In the wake of this drop,  LJMIX plunged from $9.82  on February 2,  to
$1.94 on February 7, 2018, a  loss of approximately 80%.

Wolf Haldenstein Adler Freeman & Herz LLP  has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at [email protected], or visit our website at www.whafh.com.

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected], [email protected] or [email protected]
Tel: (800) 575-0735 or (212) 545-4774

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