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Securities & Exchange Commission v. LJM Funds Management, Ltd. et al

  1. June 24, 2025

    SEC, Ex-Chicago Hedge Fund Ink $5.8M Deal In Fraud Suit

    The U.S. Securities and Exchange Commission has settled with a now-defunct Chicago investment firm in its lawsuit accusing the firm of mismanaging $1 billion in assets, ahead of a trial, with the firm and its co-defendants agreeing to fork over more than $5.8 million collectively.

  2. October 04, 2024

    SEC Suit Over Fund Adviser's $1B Loss Teed Up For Trial

    An Illinois federal judge has declined to grant the U.S. Securities and Exchange Commission a win in its suit accusing a now-defunct Chicago investment adviser of mismanaging $1 billion in assets, finding that a jury will need to consider many of the suit's claims around whether investors were misled about the firm's trading strategy and risk management practices.

  3. May 27, 2021

    Defunct Hedge Fund Accused Of Mishandling $1B In Assets

    Defunct Chicago investment adviser LJM Partners Ltd. was hit Thursday with enforcement actions from federal commodities and securities regulators alleging the enterprise mismanaged $1 billion in assets by misleading investors about its short options trading strategy and risk management practices.