SEATTLE, Sept. 15, 2010 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. ( www.krclassaction.com ) is investigating "fund-of-funds" firms that invested their clients' money in various hedge funds. The investigation focuses on the methods utilized by the fund-of-funds firms in addressing potential conflicts of interest, as well as whether or not they oversee their client's assets in a proper manner.
Recently, it was reported that the U.S. Securities and Exchange Commission ("SEC") is examining several fund-of-funds firms in light of the tremendous financial losses suffered by investors in numerous hedge funds. Several of those hedge funds experienced losses as a result of investment in the Ponzi scheme headed by Bernard Madoff. It was also reported that the SEC's investigation could be broadened to include alternative investment advisers that focus on private equity and other registered advisers that service public pension funds.
If you are an investor and you have suffered losses as a result of the above-mentioned practices by fund-of-funds firms, you may contact attorney Michael Woerner at (800) 776-6044, or via email at investor@kellerrohrback.com.
Keller Rohrback is one of America's leading law firms handling securities-related litigation. We are committed to helping investors protect their investment options. Keller Rohrback serves as lead or co-lead counsel in numerous class action cases and has successfully provided class action representation for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
CONTACT: Keller Rohrback L.L.P. Michael Woerner, Attorney (800) 776-6044 investor@kellerrohrback.com www.krclassaction.com