{"id":446425,"date":"2021-02-26T20:42:14","date_gmt":"2021-02-27T01:42:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446425"},"modified":"2021-02-26T20:42:14","modified_gmt":"2021-02-27T01:42:14","slug":"equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/","title":{"rendered":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; IQDAX, IQDNX"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Feb. 26, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of shares of the Infinity Q Diversified Alpha Fund (NASDAQ: IQDAX, IQDNX)\u00a0between <span class=\"xn-chron\">December 21, 2018<\/span> through <span class=\"xn-chron\">February 22, 2021<\/span>, inclusive (the &#8220;Class Period&#8221;). The lawsuit seeks to recover damages for Diversified Alpha Fund investors under the federal securities laws.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>To join the Diversified Alpha Fund class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=4187692961&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2045.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2045.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2045.html<\/a>\u00a0or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a>\u00a0or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n<p>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q&#8217;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; (2) consequently, Infinity Q would not be able to calculate NAV correctly; (3) as a result, the previously reported NAVs were unreliable; (4) because of the foregoing, the Fund would halt redemptions and liquidate its assets; and (5) as a result, the Prospectuses were materially false and\/or misleading and failed to state information required to be stated\u00a0therein.\u00a0When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than <span class=\"xn-chron\">April 27, 2021<\/span><\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=4187692961&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2045.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2045.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2045.html<\/a>\u00a0or to discuss your rights or interests regarding this class action, please contact <span class=\"xn-person\">Phillip Kim, Esq.<\/span> of Rosen Law Firm toll free at 866-767-3653 or via e-mail at <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>.<\/p>\n<p>NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR&#8217;S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.<\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=1910650294&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=1267105762&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=4010620238&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>. <\/p>\n<p>Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm&#8217;s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-location\">New York<\/span>, NY\u00a0 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3080817-1&amp;h=643962926&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC93096&amp;sd=2021-02-26\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors--iqdax-iqdnx-301236781.html\">http:\/\/www.prnewswire.com\/news-releases\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors&#8211;iqdax-iqdnx-301236781.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC93096&amp;Transmission_Id=202102262038PR_NEWS_USPR_____DC93096&amp;DateId=20210226\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Feb. 26, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of shares of the Infinity Q Diversified Alpha Fund (NASDAQ: IQDAX, IQDNX)\u00a0between December 21, 2018 through February 22, 2021, inclusive (the &#8220;Class Period&#8221;). The lawsuit seeks to recover damages for Diversified Alpha Fund investors under the federal securities laws. To join the Diversified Alpha Fund class action, go to http:\/\/www.rosenlegal.com\/cases-register-2045.html\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com\u00a0or cases@rosenlegal.com\u00a0for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q&#8217;s Chief Investment Officer &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; IQDAX, IQDNX&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-446425","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors - IQDAX, IQDNX - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors - IQDAX, IQDNX - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Feb. 26, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of shares of the Infinity Q Diversified Alpha Fund (NASDAQ: IQDAX, IQDNX)\u00a0between December 21, 2018 through February 22, 2021, inclusive (the &#8220;Class Period&#8221;). The lawsuit seeks to recover damages for Diversified Alpha Fund investors under the federal securities laws. To join the Diversified Alpha Fund class action, go to http:\/\/www.rosenlegal.com\/cases-register-2045.html\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com\u00a0or cases@rosenlegal.com\u00a0for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q&#8217;s Chief Investment Officer &hellip; Continue reading &quot;EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; IQDAX, IQDNX&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-27T01:42:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; 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The lawsuit seeks to recover damages for Diversified Alpha Fund investors under the federal securities laws. To join the Diversified Alpha Fund class action, go to http:\/\/www.rosenlegal.com\/cases-register-2045.html\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com\u00a0or cases@rosenlegal.com\u00a0for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q&#8217;s Chief Investment Officer &hellip; Continue reading \"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; IQDAX, IQDNX\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-27T01:42:14+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-infinity-q-diversified-alpha-fund-investors-iqdax-iqdnx\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Infinity Q Diversified Alpha Fund Investors &#8211; 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