{"id":451909,"date":"2021-03-05T11:59:02","date_gmt":"2021-03-05T16:59:02","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451909"},"modified":"2021-03-05T11:59:02","modified_gmt":"2021-03-05T16:59:02","slug":"investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  05, 2021  (GLOBE NEWSWIRE) &#8212; The law firm of <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YiZ50vXOsNeua7C976x4niN7PyNFclkoq5qvqIuCBypCg8EFvvMyMPfTtmgTALX9YvGeOG4CVcMlVB7p7_He-w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Kirby McInerney LLP<\/a> reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Infinity Q Diversified Alpha Fund (\u201cInfinity Q\u201d or the \u201cCompany\u201d) (NASDAQ: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qhzQZEmsXPi6MXoAU1V0PET0r5YCa102Qm9NsoXXuRsCvBhqhK6LlYaNjOc6Qpxs8A2iZPj7U8l5i19XdztXdNPPVEtLvVHhKj-t925y3Q_x3XLOqNroYS5-kWXrDVyg\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">IQDAX, IQDNX<\/a>) securities from December 21, 2018 through February 22, 2021, inclusive (the \u201cClass Period\u201d). Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.<\/p>\n<p align=\"justify\">According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q\u2019s 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 the Net Asset Value (\u201cNAV\u201d) 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 therein. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p align=\"justify\">If you purchased or otherwise acquired Infinity Q securities, have information, or would like to learn more about these claims, please contact <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wgjkCCGClEDrUJXO7dEld-OcckmwHk0OwE3wx3DcqcCKzzuIzWsnI9QmhlLzLnGQBG-jrE5BdKqYIDoEqRK_Y8Wwsr9u869caw7CKqvFYFY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Thomas W. Elrod<\/u><\/a> of<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3TFOqfIydWsAZ0BA8iisLWKbCYg9Ryw8-Jn45ZgIJOSjAC82ENlBySfrxMnFaFWpCzt1MkFOIoOs82jPtrEu4w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Kirby McInerney LLP<\/u><\/a> at 212-371-6600, by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5uKNTbYcINmo-B60RyKbtJxjfxs8BLnML6bfmTzU3HvGF4efcgXWQDGjgzxDWoxE1zgaNLZdV3biGm-hUWCysqo5uTRPfJaTWb4GaYq65Ik=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>investigations@kmllp.com<\/u><\/a>, or by filling out this <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_OTccxK0pcHbYfY82EBe1MjR4FvPCmnLl2aLw_TZzO_B7dRPAfe9x5F8n9H_k19OR9MPMcTduwjlskcbEoNuhr_D3lLh6IqIbx83ZlE1do3KbuefFEHLrYNU4CZx2kqQm8i1lInjocp5IYmhtmWo3Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>contact form<\/u><\/a>, to discuss your rights or interests with respect to these matters without any cost to you.<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YiZ50vXOsNeua7C976x4nl4px6dCKIpOX_s7p9NnCou9Z5zNQo23-nZkQRrEAy9L43StiAIQ4PO2wLtxhdCbAg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>Kirby McInerney LLP<\/u><br \/>\n        <\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qD7BfewSgF-nXhxl8lPb5p7v2GqLn-w5tipEIa3XK_1T-U3karHOOXFTlUNJBjD6ub6pSsXO0oMwYVIY392STg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>http:\/\/www.kmllp.com<\/u><\/a>.<\/p>\n<p align=\"justify\">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p align=\"justify\">Contacts<br \/>Kirby McInerney LLP<br \/>Thomas W. Elrod, Esq.<br \/>212-371-6600<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dXqE9LljDZuenB9BbIf3Zc0oYjnm7dH0lBgpVi-qBl_qbziq26a2gXp1i7N-EMurvYSHs3PT8C0GsuPJUOLj_A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.kmllp.com<\/u><\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5uKNTbYcINmo-B60RyKbtJxjfxs8BLnML6bfmTzU3HsR7Un2vlehxks4Q6TN3WBG6BH_-K7RWmIM65YmzI8irE4mVmIaC7QlG7xO7tBoLSg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>investigations@kmllp.com<\/u><\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMyMyM0MDUwNzg4IzIwMjA2Njk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/182e33c3-aaa5-451b-96d1-2916f82a7199\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Infinity Q Diversified Alpha Fund (\u201cInfinity Q\u201d or the \u201cCompany\u201d) (NASDAQ: IQDAX, IQDNX) securities from December 21, 2018 through February 22, 2021, inclusive (the \u201cClass Period\u201d). Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q\u2019s Chief Investment Officer made adjustments to certain parameters within &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021&#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-451909","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021 - 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\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Infinity Q Diversified Alpha Fund (\u201cInfinity Q\u201d or the \u201cCompany\u201d) (NASDAQ: IQDAX, IQDNX) securities from December 21, 2018 through February 22, 2021, inclusive (the \u201cClass Period\u201d). Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q\u2019s Chief Investment Officer made adjustments to certain parameters within &hellip; Continue reading &quot;INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T16:59:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMyMyM0MDUwNzg4IzIwMjA2Njk=\" \/>\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=\"2 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\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021\",\"datePublished\":\"2021-03-05T16:59:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/\"},\"wordCount\":382,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTMyMyM0MDUwNzg4IzIwMjA2Njk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\\\/\",\"name\":\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021 - Market Newsdesk","og_description":"NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Infinity Q Diversified Alpha Fund (\u201cInfinity Q\u201d or the \u201cCompany\u201d) (NASDAQ: IQDAX, IQDNX) securities from December 21, 2018 through February 22, 2021, inclusive (the \u201cClass Period\u201d). Investors have until April 27, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) Infinity Q\u2019s Chief Investment Officer made adjustments to certain parameters within &hellip; Continue reading \"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-05T16:59:02+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMyMyM0MDUwNzg4IzIwMjA2Njk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021","datePublished":"2021-03-05T16:59:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/"},"wordCount":382,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMyMyM0MDUwNzg4IzIwMjA2Njk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-infinity-q-diversified-alpha-fund-and-encourages-investors-to-contact-the-firm-before-april-27\/","name":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Infinity Q Diversified Alpha Fund and Encourages Investors to Contact the Firm Before April 27, 2021 - 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