Call Now for a FREE Consultation (888) 513-3010
Virtus Investment Partners’ Family of Mutual Funds has been Negatively Impacted by F-Squared SEC Investigation & Fine

Virtus Investment Partners’ Family of Mutual Funds has been Negatively Impacted by F-Squared SEC Investigation & Fine

The year-long investigation of F-Squared Investments over pricing irregularities has caused a ripple effect in funds managed by the firm.  Specifically, the Virtus Funds Premium AlphaSector (VAPAX), Allocator Premium AlphaSector (VAAAX), AlphaSector Rotation (PWBAX), Global Premium AlphaSector (VGPAX), Dynamic AlphaSector (EMNAX), while not the subject of the Securities & Exchange Commission investigation of manager F-Squared, have faced price volatility as a result of the uncertainty surrounding fund management and share pricing.  The Virtus Funds have seen significant capital outflows and corresponding share price drops a result of investor concerns over the F-Squared problems.

In general, investment firms have the duty to perform reasonable  due diligence before recommending an investment to their clients. The firm must confirm the investment is suitable based on their client’s age, investment objectives, risk tolerance and other relevant factors disclosed at the time the account was established.

Investors who have suffered losses as a result of recommended investments which are inconsistent with their stated objectives, risk tolerance and other factors may be able to recover losses associated with the improper recommendations.  The attorneys at Colling Gilbert Wright are experienced in representing investors in FINRA arbitration claims and determining when brokerage firms fail to properly supervise their representatives or the investments they recommend to their clients.  We only work on a contingency fee basis and there is no charge unless there is a recovery.