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Losses on F-Squared Investments (Good Harbor Financial US Tactical Core & AlphaSector Allocator Select) May be Recoverable

Losses on F-Squared Investments (Good Harbor Financial US Tactical Core & AlphaSector Allocator Select) May be Recoverable

Losses on F-Squared Investments (Good Harbor Financial US Tactical Core & AlphaSector Allocator Select) May be Recoverable 150 150 Rex Securities Law

July 8, 2015

F-Squared Investments, Inc, an exchange-traded fund manager,  filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. In December of 2014, F-Squared agreed to a $35 million settlement with the Securities and Exchange Commission to resolve claims that it defrauded investors through false performance advertising related to its flagship product, AlphaSector Allocator Select.

The SEC alleged that when advertising the product, F-Squared based it on a seven year track record for investment strategy options when in fact the product did not exist for that length time period.

At lease one arbitration is presently pending against Wells Fargo Advisers for losses on F-Squared exchange-traded funds, which include:

  • Good Harbor Financial US Tactical Core (GHUAX)
  • AlphaSector Allocator Select

Broker dealers, including Wells Fargo Advisers, have a duty to investigate and perform due diligence on investment products in order to understand the risks associated with the products so that they can explain the risks to their customers when making recommendations. If they fail to adequately investigate a product or if they make unsuitable recommendations , brokerage firms can be held liable for losses.

If you have losses on F-Sqared investments, contact us to discuss you options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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