According to the complaint, during the Class Period, defendants violated the federal securities laws by:
- miscalculating the fair value of the Wildermuth Fund’s investments without sufficient, reliable evidence to support them;
- failing to disclose that certain portfolio companies with questionable going concern value were being propped up with monthly cash infusions by the Wildermuth Fund; and
- intentionally inflating the Wildermuth Fund’s net asset value, leading to the payment of excessive and unearned advisory fees to Wildermuth Advisory, LLC, all of which damaged class members.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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