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Recover LJM Preservation and Growth (LJMIX) Losses

If you lost money on LJM Preservation and Growth (LJMIX) you may have a claim against your broker or his company (known as a broker-dealer) to recover your losses. LJM Preservation and Growth (LJMIX) was touted and sold by many brokers as a conservative investment that separated your risk from the stock market. The reality is that it was a highly risky and was betting that the market neither went up or down.

FINRA's Obligation

As members and associated persons of FINRA, brokerage firms (aka broker-dealer) and their associated persons have an obligation when recommending to an investor the purchase, sale or exchange of any security to have reasonable grounds for believing that the recommendation is suitable for the investor.  This includes ensuring that the broker-dealer has done its due diligence to understand the product, train its registered representatives on the product, determined that given the risks and rewards of the product it is suitable for some investors, and after conducting a suitability analysis, determine if the investment being recommended meets with the specific investor’s stated investment objectives and risk profile. This is especially true when it comes to these types of non-conventional investments.

The funds pattern of investment amounted to “the Fund’s strategy of picking up nickels and dimes in front of a steamroller.

SLCG “Investors ‘Strangled’ by LJM Preservation and Growth Fund (LJMIX)

We are finding that many investors who lost money had limited risk tolerances and short-term investment horizons and could not “afford a complete loss” or the extraordinary risk that went with a product like this. They should not have been prompted to purchase LJMIX with their retirement funds. Rather than disclosing the risks associated with the LJM Preservation and Growth (LJMIX) investment, investors were being told by their brokers that it was a “good,” “safe,” “low-risk,” high-return,” “reliable,” investment.

FINRA has warned that “NCI’s often have complex terms and features that are not easily understood.

The reality was that this investment was extraordinarily risky and should not have been sold to most  investors. If you were sold this investment and suffered losses, you may have a claim. We represent investors across the country to further our mission, protecting investors, recovering losses.

MessageOur Staff

At The Securities Lawyers, you get hands-on involvement from a partner level attorney. If I'm on your case, there will be associates and paralegals assisting, but I will be the one trying your case, negotiating settlements, and mediating your case. Sean M. Sweeney

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Milwaukee Office

320 E Buffalo St
Ste 611
Milwaukee, WI 53202

Open Today 8:00am - 5:00pm

Open Saturday and Sunday for calls and emails.

More Info Directions (414) 755-5020