IRVINE, Calif., May 25, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit
against Catalyst Hedged Futures Strategy Fund (“Catalyst” or the “Fund”) (Nasdaq:HFXAX) (Nasdaq:HFXCX) (Nasdaq:HFXIX). Investors
who purchased or otherwise acquired shares between November 1, 2014 and April 28, 2017, inclusive (the “Class Period”), are
encouraged to contact the Firm in advance of the June 27, 2017 lead plaintiff motion deadline.
If you purchased shares of Catalyst during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or via e-mail at joon@khanglaw.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the Complaint, during the Class Period, Catalyst violated federal securities laws by making materially false and/or
misleading public statements and/or failing to disclose material information. The Fund stated in its Prospectuses, that its
objective is “capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to
the US equity market.” It was eventually revealed that Catalyst made a directional bet that the general equity market would not
rise significantly in value in the form of massive option contracts that effectively “shorted” the S&P 500. As these
undisclosed risks materialized, the Fund’s investors lost hundreds of millions of dollars. Between February 2, 2017 and March 15,
2017, the Net Asset Value of Catalyst’s Class A shares, Class C shares and Class I shares dropped approximately 21%.
If you wish to learn more about this lawsuit, or if you have questions any about this notice or your rights, please
contact Joon M. Khang, Esq., a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
Contact Joon M. Khang, Esq. Telephone: 949-419-3834 Facsimile: 949-225-4474 joon@khanglaw.com
