Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
LOS ANGELES, May 08, 2017 -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Catalyst Hedged Futures Strategy Fund (“Catalyst” or the “Fund”) (Nasdaq:HFXAX) (Nasdaq:HFXCX) (Nasdaq:HFXIX) concerning possible violations of federal securities laws between November 1, 2014 and April 28, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired Class A, Class C, or Class I shares during the Class Period should contact the firm prior to the June 27, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, Catalyst violated federal securities laws by making materially false and/or misleading public statements and/or failing to disclose material information. The Fund stated in its Prospectuses, that its objective is “capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the US equity market.” It was eventually revealed that Catalyst made a directional bet that the general equity market would not rise significantly in value in the form of massive option contracts that effectively “shorted” the S&P 500. As these undisclosed risks materialized, the Fund’s investors lost hundreds of millions of dollars. Between February 2, 2017 and March 15, 2017, the Net Asset Value of Catalyst’s Class A shares, Class C shares and Class I shares declined approximately 21%.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact: Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 [email protected] http://lundinlawpc.com/
