Infinity Q Capital Management LLC (Infinity Q) is Liquidating Hedge Fund | Goodman & Nekvasil P.A. May Recover Investor Losses
According to Reuters:
New York investment firm Infinity Q Capital Management LLC is liquidating its hedge fund as the fallout from a U.S. regulatory probe into its valuation practices spreads, according to a person with knowledge of the matter.
The hedge fund wind-down, first reported by Reuters, may expand the Wall Street firm’s client losses and spark further questions over who is to blame for the valuation problems first surfaced by the Securities and Exchange Commission (SEC).
Infinity Q, which is backed by private equity billionaire David Bonderman, said in January that it managed $3 billion in assets.
It was forced to liquidate its mutual funds after the SEC found that chief investment officer James Velissaris made potentially unreasonable adjustments to a pricing model used to value fund investments, according to an SEC February notice.
Investors in Infinity Q Capital Management LLC May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested with Infinity Q Capital Management LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $200 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses with Infinity Q Capital Management LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.