Tagged with "f-squared investments"

Navellier & Associates Ordered to Pay $31.4 Million in Connection with F-Squared Investments

Posted on June 3rd, 2020 at 4:23 PM
Navellier & Associates Ordered to Pay $31.4 Million in Connection with F-Squared Investments

In a case brought by the U.S. Securities and Exchange Commission (“SEC”), a federal judge has ordered Navellier & Associates Inc. to pay $31.4 million.  Of the ordered sanctions, $28.9 million is disgorgement of proceeds gained by the firm’s fraudulent conduct.  Additionally, the firm is ordered to pay a civil penalty of $2 million and the firm’s founder, Louis Navellier, is ordered to pay a $500,000 civil penalty.

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13 Firms Fined for Communicating F-Squared’s False Performance Claims

Posted on September 23rd, 2016 at 12:36 PM
13 Firms Fined for Communicating F-Squared’s False Performance Claims

The Securities and Exchange Commission has issued penalties against 13 investment advisory firms found to have violated securities laws by spreading false claims.

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F-Squared Investments Filesfor Bankruptcy

Posted on July 9th, 2015 at 2:22 PM
F-Squared Investments Filesfor Bankruptcy

F-Squared Investments Inc.has filed for bankruptcy. F-Squared had claimed that its rules-based strategy could avoid violent market swings — by opportunistically trading in and out of nine industrial-sector ETFs — and that pitch appealed to advisers stung by the 2008 free-fall of stock markets. The firm built itself from a virtual nonentity in 2008 to the force behind a $28.5 billion strategy, as of June 2014.

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