Investigation of Infinity Q Diversified Alpha Fund

Infinity Q Capital Management, LLC Harmed Investors of Infinity Q Diversified Alpha Fund (IQDAX, IQDNX) by Reporting Incorrect Valuations of Derivatives in the Fund’s Portfolio 

Defendants made materially false and misleading statements to investors regarding the Fund’s business, operational, and financial results. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) Infinity Q’s Chief Investment Officer made adjustments to certain parameters within the third-party pricing model that affected the valuation of the swaps held by the Fund; (ii) consequently, Infinity Q would not be able to calculate NAV correctly; (iii) as a result, the previously reported NAVs were unreliable; and (iv) therefore, the Fund would halt redemptions and liquidate its assets.

On February 22, 2021, Infinity Q filed a request with the SEC for an order pursuant to Section 22(e)(3) of the Investment Company Act of 1940 suspending the right of redemption with respect to shares of the Fund, effective February 19, 2021, because of Infinity Q’s inability to determine NAV. The request also stated that the Fund was liquidating its portfolio and distributing its assets to shareholders.

If you purchased shares of Infinity Q Diversified Alpha Fund Investor Class shares (IQDAX) or International Class shares (IQDNX) between December 21, 2018 and February 22, 2021, you have until April 27, 2021, to ask the court to appoint you lead plaintiff for the class.

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