Securities Lawsuit Investigation | Company: Sanford C. Bernstein & Co., LLC, and Alliance Bernstein, LP – Bernstein MSFI Hedge Fund | For: Various misrepresentations and omissions
Bernstein Multi-Strategy Fixed Income (MSFI) Hedge Fund Lawsuit
Gilman Law LLP, a leading national securities law firm, is now accepting claims for lawsuits on behalf of Florida investors in the Bernstein Multi-Strategy Fixed Income (MSFI) Hedge Fund. We are pursuing claims against Sanford C. Bernstein & Co., LLC, and Alliance Bernstein, LP, for various misrepresentations and omissions made in connection with the sale of the Bernstein MFSI Hedge Fund. Gilman Law is currently offering free legal evaluations to all investors who lost money due to the collapse of the Bernstein MSFI Hedge Fund.
For over 40 years, Gilman Law has represented investors in all major aspects of securities fraud litigation, including stock manipulation, securities fraud, and shareholder rights violations. The firm is offering free legal consultations to Bernstein MSFI Hedge Fund investors. If you suffered losses in the Bernstein MSFI Hedge Fund, you must contact Gilman Law LLP today in order to exercise your legal rights against Sanford C. Bernstein & Co. and Alliance Bernstein, LP.
Bernstein MSFI Hedge Fund
The Bernstein MFSI Fund was aggressively marketed by Sanford C. Bernstein & Co., LLC, and Alliance Bernstein, LP, as a safe investment, supposedly having less volatility and risk than a comparable intermediate bond fund. In reality, the Bernstein MFSI fund was far more volatile than many other funds. The Fund was supposed to balance between a Credit Strategy and the High Grade Strategy, with the Credit Strategy being the riskier of the two. The fund exceeded leverage restrictions, and due to significant losses from concentrations in subprime loans, the Credit Strategy consumed the Fund and it collapsed.
Investors in the Bernstein MSFI Hedge Fund could only make redemptions every six months. Investors were told to hold in late 2007, but by the time they could redeem in June 2008, most of the Fund had already collapsed.
Legal Help for Bernstein MSFI Hedge Fund Investors
Gilman Law has extensive experience representing both individual and institutional investors in securities class action suits, and has recovered over a billion dollars for its clients. We are ready to assist investors who suffered financial losses because of the collapse of the Bernstein MSFI Hedge Fund. For a free evaluation of your case, please fill out the form on the left or CALL TOLL FREE (888) 252-0048.