Massachusetts Securities Regulators Investigating Third Avenue Junk Bond Fund
The Massachusetts Securities Division is investigating Third Avenue Focused Credit Fund. The junk bond fund has frozen fund redemptions and Massachusetts regulators are scrutinizing why this has happened to determine whether investors have been harmed and whether any laws have been violated. It is unusual for a bond fund to freeze investor redemptions (withdrawals) and there may have been wrongdoing that led to this drastic action.
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Dimond Kaplan & Rothstein’s investment fraud lawyers may be able to help investors who have lost money in this fund or who cannot obtain their money that is tied up in the fund. Contact us today for a free consultation to discuss your rights.