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04.03.2021 - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of shares of the Infinity Q Diversified Alpha Fund (NASDAQ: IQDAX, IQDNX) between December 21, 2018 through February 22, 2021, inclusive (the “Class Period”) of the important ... Seite 1
An Infinity Q Capital Management investor is taking legal action against the embattled firm, with the expectation that others will join in the class action lawsuit. The complaint, filed in the Eastern District of New York on February 26, alleges that Liang Yang and other investors “suffered significant losses and damages” after Infinity Q’s chief investment officer altered the firm’s pricing models. The lawsuit follows news that Infinity Q would gate and liquidate certain portfolios after learning from the Securities and Exchange Commission that its CIO, James Velissaris, had inte...
/PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of shares of the...
Sponsored As news broke Monday that investment firm Infinity Q Capital Management was gating and liquidating a fund portfolio, its chief investment officer James Velissaris seemed to disappear from the internet. His LinkedIn profile is now defunct. The Infinity Q website, which now only includes a statement about the situation, said Tuesday that it was undergoing maintenance. But Velissaris couldn’t vanish from the internet altogether. News articles, his own research, and a defunct version of Infinity Q’s website paint a picture of what led up to his time at the firm. Late last w...
Mutual Fund Locks Out Founder After SEC Questions Swaps Pricing Bloomberg 2/23/2021 Miles Weiss © Bloomberg The New York Stock Exchange (NYSE) is reflected in a puddle in New York, U.S., on Monday, Jan. 4, 2021. In a historic year that marked a rapid plunge into bear market territory and a swift recovery into the bull zone, high-flying technology stocks and electric-vehicle pioneer Tesla Inc. were standout trades. (Bloomberg) -- By 30, James Velissaris was the founder, majority owner and chief investment officer of his own innovative mutual fund company, set up with backi...