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WESFX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Wildermuth Fund
Newsfile· 2025-11-11 00:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Wildermuth Fund due to allegations of violations of federal securities laws, encouraging affected investors to discuss their legal options [2][5]. Group 1: Legal Investigation and Claims - The firm is urging investors who suffered losses in the Wildermuth Fund between November 1, 2020, and June 29, 2023, to contact them for legal discussions [1]. - A federal securities class action has been filed against Wildermuth Fund, with a deadline of December 29, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that the Fund and its executives made false or misleading statements and failed to disclose critical information regarding the Fund's investments [5]. Group 2: Fund Performance and Management Changes - On June 29, 2023, the Fund's Board approved a liquidation plan based on the adviser's recommendation, despite reassurances about the underlying investments [6]. - Daniel and Carol Wildermuth resigned from their positions on November 1, 2023, and the agreement with the previous adviser was terminated, with BW Asset Management Ltd. appointed as the new investment adviser [7]. - By October 2024, the value of the Fund's investments had decreased by 63.6% compared to March 2022, and the net asset value (NAV) had declined by 73.7% [8].
The China Fund, Inc. Announces Results of Special Meeting of Stockholders: Proposal to Liquidate and Dissolve the Fund is Approved
Prnewswire· 2025-10-21 21:45
, /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced the results of its special meeting of stockholders held on October 21, 2025. At the Fund's special meeting, stockholders approved the liquidation and dissolution of the Fund pursuant to the Plan of Liquidation and Dissolution (the "Plan") adopted by the Board of Directors. Pursuant to the Plan, the Fund will liquidate its portfolio in preparation for one or more distributions of cash to the stockholders of the Fund. Once the Fund comm ...
The China Fund, Inc. Additional Details Regarding Special Meeting of Fund Stockholders to Approve Plan of Liquidation - CHINA FUND (NYSE:CHN)
Benzinga· 2025-10-06 20:31
BOSTON, Oct. 6, 2025 /PRNewswire/ -- The China Fund, Inc. (NYSE:CHN) (the "Fund") announced today that a Special Meeting of Fund stockholders is scheduled to be held virtually at 11:00 a.m. (Eastern time) on October 21, 2025 (the "Special Meeting"), to approve a plan of liquidation and dissolution (the "Plan") for the Fund. More detailed information about the proposed liquidation and Plan is set forth in a proxy statement to be mailed on or around October 9, 2025, to the Fund's stockholders of record. The B ...
The China Fund, Inc. Additional Details Regarding Special Meeting of Fund Stockholders to Approve Plan of Liquidation
Prnewswire· 2025-10-06 20:31
, /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced today that a Special Meeting of Fund stockholders is scheduled to be held virtually at 11:00 a.m. (Eastern time) on October 21, 2025 (the "Special Meeting"), to approve a plan of liquidation and dissolution (the "Plan") for the Fund. More detailed information about the proposed liquidation and Plan is set forth in a proxy statement to be mailed on or around October 9, 2025, to the Fund's stockholders of record. The Board of Directors ...