Rex Securities Law is investigating the potential for investors to recover losses suffered by investors in the Paulson & Co. Advantage and Advantage Plus hedge funds. These funds suffered significant losses in 2011 and 2012. Recent press reports indicate the Paulson Gold Fund lost 18% last month and is down 26% for the year.
The Paulson Funds were sold by many of the major brokerage firms, including Merrill Lynch, UBS Financial, Citigroup and Morgan Stanley. The major broker dealers used feeder funds to direct investors funds into the Paulson Advantage and Advantage Plus funds. The feeder funds utilized had various names, including:
- CAIS Paulson
- Morgan Stanley HedgePremier Paulson
- LionHedge Paulson
- UBS Paulson Advantage
- Paulson Advantage Access
Hedge funds are generally suitable only for investors who investment objectives include speculation and are considered to be high risk. They are not generally considered to be suitable for most retired persons.
Most of the major firms had their investors pull out from the funds, but only after the funds had already dropped dramatically in value.
If you suffered significant losses in any of the Paulson hedge funds purchased from a major broker dealer and did not have speculation and high risk tolerance as your objectives, you may be able to recover all or a part of those losses through FINRA arbitration.
Rex Securities Law , located in Boca Raton, FL, 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.
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