Have you suffered a loss from investing in the Bernstein Multi-Strategy Fixed Income Hedge Fund?

Sanford C. Bernstein & Co. and Alliance Bernstein L.P. aggressively marketed the Bernstein Multi-Strategy Fixed Income Hedge Fund, the MFSI Fund as being a very safe investment. The fund was presented to investors having less volatility and risk than a comparable intermediate bond fund. The MFSI Fund was in fact a very risky hedge fund with excessive risk and volatility. The Fund exceeded its leverage restrictions of 12 times the net asset value of the Fund and MFSI was not properly hedged to protect the downside of the Fund’s investments. We are representing investors who have losses in these Bernstein funds.

If you have lost money investing in the Bernstein Multi-Strategy Fixed Income Hedge Fund, you may be entitled to collect compensation.

According to our law firm's analysis, the Bernstein Multi-Strategy Fixed Income Hedge Fund was a bad product from its inception. Bernstein made blatant misrepresentations regarding the volatility of the Fund. The Fund was sold as an investment with less volatility than intermediate bonds. As a result, investors were led to believe that the Fund was safe, when in fact the Fund's volatility was higher than many other hedge funds. The Fund exceeded the leverage restrictions in the Fund and Bernstein advised investors to stay in the Fund despite internal knowledge that the Fund would likely fail. Bernstein also made inappropriate representations to clients that the fund was hedged, and bond-like, when it was anything but safe. Despite representations regarding its overall risk management, and hedging efforts, Bernstein allowed this Fund to spiral out of control with little to no oversight from its compliance department.

Our lawfirm is representing investors who suffered a loss from investing in the Bernstein Multi-Strategy Fixed Income Hedge Fund.

For more information and to find out if you have a case, complete the form on this page or call 1-800-934-2921 for a free no obligation consultation with a lawyer.