WESFX; WEFCX; WEIFX INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Announces That Wildermuth Fund Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Summary
Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit on behalf of investors who purchased shares of the Wildermuth Fund (WESFX, WEFCX, WEIFX) between November 1, 2020, and June 29, 2023. The lawsuit alleges that the defendants made false and misleading statements regarding the Fund’s business, operations, and compliance policies, specifically concerning the fair value of investments and undisclosed cash infusions to struggling portfolio companies. These alleged misrepresentations intentionally inflated the Fund’s net asset value, resulting in excessive advisory fees. Investors who suffered losses are encouraged to join the case and have until December 29, 2025, to request appointment as lead plaintiff. The firm represents investors on a contingency fee basis, meaning they only receive compensation if a recovery is obtained.
(Source:NewMediaWire)