PED Index Fund LP Founder Charged by SEC | Recover Investment Losses

PED Index Fund LP Founder Charged by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses

According to the SEC:  

The Securities and Exchange Commission announced charges against investment adviser John Robert Jones, Jr. in connection with his alleged fraudulent offer and sale of two private unregistered funds he founded and controlled – PED Index Fund, L.P. and PED Index Fund A1, L.P.

The SEC’s complaint, filed in the U.S. District Court for the Northern District of Georgia, alleges that Jones induced at least 24 investors to invest at least $5.1 million in the two funds by falsely promising growth and safety with limited risk. According to the complaint, from October 2017 through December 2018, Jones marketed the funds to investors, claiming that investors could lose only 10-15% of their principal investment, that investors’ principal was insured, and that his investment strategy was created in concert with a purported national financial organization. As alleged, however, investors’ downside exposure was not limited to 10-15%, there was no insurance protecting investors, and the national financial organization did not exist. The complaint further alleges that Jones received a 2% annual management fee, collecting at least $86,823, while investors lost approximately $2.6 million, or on average, 57%.

Investors in PED Index Fund LP May Recover their Losses with Goodman & Nekvasil, P.A.

If you invested in PED Index Fund LP, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a St. Petersburg, FL 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 PED Index Fund LP 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.


Contact Us Today!

1 Step 1
FormCraft - WordPress form builder

Leave a Reply

Your email address will not be published. Required fields are marked *