Articles Tagged with Virtus Investment Partners

F-Squared Investments filed for Chapter 11 bankruptcy on Wednesday. This comes after an agreement F-Squared made in December to pay $35 million to settle charges it made false claims about the performance of a flagship investments product. The company ran into trouble before 2008 in regards to its AlphaSector strategy, when they launched the product, claiming its strategy could temper and withstand violent market swings, by trading out of exchange-traded funds (ETFs). Then the assets fell when the firm saw almost $8 billion in asset declines as of March 31st. Virtus Investment Partners, its mutual fund distributor, cut F-Squared as well.

In 2014, F-Squared was given a Wells Notice after an investigation into how the company advertised the performance of its stock from the year earlier. F-Squared claimed to use proprietary models to represent how their stock would do based on past performance, when, in reality, the models were never tested. If you invested money with F-Squared, please call us at 312-332-4200 to speak to an attorney about your options of recovering money through FINRA arbitration.

FOX Business
The Wall Street Journal
FOX News Channel
USA Today
abc NEWS
Contact Information