INVESTOR NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Third Avenue Focused Cre...
22 Mars 2016 - 10:20PM
Business Wire
Khang & Khang LLP (the “Firm”) announces that a class action
lawsuit has been filed against Third Avenue Focused Credit
Institutional Fund (TFCIX) and Third Avenue Focused Credit Investor
Fund (TFCVX) (“Third Avenue” or the “Company”). Investors who
purchased or otherwise acquired shares between March 1, 2013 and
December 10, 2015, (the “Class Period”), are encouraged to contact
the firm before the March 29, 2016, lead plaintiff motion
deadline.
If you purchased shares of Third Avenue during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the complaint, the Company made false and/or
misleading statements and/or failed to disclose that Third Avenue
told investors that it would place no more than 15% of its assets
in illiquid securities. However, the Company consistently held more
than 15% of its net assets in illiquid securities.
If you purchased shares of Third Avenue during the Class Period,
you have until March 29, 2016 to ask the Court to appoint you as
lead plaintiff. If you wish to learn more about this
lawsuit, or if you have any questions concerning this notice or
your rights, please contact Joon M. Khang, a prominent litigator
for almost two decades, by telephone: (949) 419-3834, or by email
at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160322006578/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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