Leveraged Municipal Arbitrage Funds Under Investigation
Aidikoff, Uhl & Bakhtiari announced today that it is investigating potential claims on behalf of investors who invested in the following municipal arbitrage funds:
1861 Capital Management
Citigroup’s Mat and ASTA Funds
Blue River Asset Management
Havell Capital Enhanced Municipal Income Fund
Rockwater Hedge Fund, LLC
Stone and Youngberg Municipal Advantage Fund
TW Tax Advantaged Fund
Aidikoff, Uhl & Bakhtiari represents high net worth investors who sustained losses in leveraged municipal bond arbitrage hedge funds sold by brokerage firms and banks across the country.
The municipal bond arbitrage strategy employed by these funds was risky and exposed investors principal losses.