{"id":18481,"date":"2019-11-22T07:09:08","date_gmt":"2019-11-22T13:09:08","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=18481"},"modified":"2022-09-27T20:38:39","modified_gmt":"2022-09-28T01:38:39","slug":"ljm-preservation-and-growth-fund-claim","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/","title":{"rendered":"Summit Investment to Pay Investor $100K for LJM Preservation and Growth Fund"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Summit Investment Management To Pay Investor $100K\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A Financial Industry Regulatory Authority (<a href=\"https:\/\/www.finra.org\/#\/\">FINRA<\/a>) panel said that Summit Investment Management and portfolio manager, Thomas Carroll, must pay one firm client $100K for investing his money in funds from the investment manager, LJM Partners, which is no longer in operation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The LJM Preservation and Growth Fund (LJMIX) has been named in numerous complaints since early last year when it suffered a huge plunge in value of over 80% in two days. This happened after the CBO Volatility Index experienced a spike.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/\"  title=\"Continue Reading Summit Investment to Pay Investor $100K for LJM Preservation and Growth Fund\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Summit Investment Management To Pay Investor $100K\u00a0 A Financial Industry Regulatory Authority (FINRA) panel said that Summit Investment Management and portfolio manager, Thomas Carroll, must pay one firm client $100K for investing his money in funds from the investment manager, LJM Partners, which is no longer in operation.\u00a0 The LJM Preservation and Growth Fund (LJMIX) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18483,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3783,3738,3799],"tags":[3403,3004,3010,4231],"class_list":["post-18481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-misconduct","category-investor-fraud","category-mutual-funds","tag-ljm-partners","tag-ljm-preservation-and-growth-fund","tag-mutual-funds","tag-summit-investment-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investor To Be Paid $100K Over LJM Preservation And Growth Fund | Investor Lawyers<\/title>\n<meta name=\"description\" content=\"Summit Investment to pay an investor $100K after his funds were invested in the LJM Preservation and Growth Fund.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Investor To Be Paid $100K Over LJM Preservation And Growth Fund | Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Summit Investment to pay an investor $100K after his funds were invested in the LJM Preservation and Growth Fund.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investor To Be Paid $100K Over LJM Preservation And Growth Fund | Investor Lawyers","description":"Summit Investment to pay an investor $100K after his funds were invested in the LJM Preservation and Growth Fund.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/","twitter_card":"summary_large_image","twitter_title":"Investor To Be Paid $100K Over LJM Preservation And Growth Fund | Investor Lawyers","twitter_description":"Summit Investment to pay an investor $100K after his funds were invested in the LJM Preservation and Growth Fund.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Summit Investment to Pay Investor $100K for LJM Preservation and Growth Fund","datePublished":"2019-11-22T13:09:08+00:00","dateModified":"2022-09-28T01:38:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/"},"wordCount":446,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","keywords":["LJM Partners","LJM Preservation and Growth Fund","Mutual Funds","Summit Investment Management"],"articleSection":["Broker Misconduct","Investor Fraud","Mutual Funds"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/","url":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/","name":"Investor To Be Paid $100K Over LJM Preservation And Growth Fund | Investor Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","datePublished":"2019-11-22T13:09:08+00:00","dateModified":"2022-09-28T01:38:39+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Summit Investment to pay an investor $100K after his funds were invested in the LJM Preservation and Growth Fund.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","width":5006,"height":3337,"caption":"Summit Investment Management committed misconduct by investing a client\u2019s fund in the LJM Preservation and Growth Fund."},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-and-growth-fund-claim\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Summit Investment to Pay Investor $100K for LJM Preservation and Growth Fund"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/11\/SSEK-LJM-Preservation-and-Growth-Fund.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-4O5","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=18481"}],"version-history":[{"count":4,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18481\/revisions"}],"predecessor-version":[{"id":28720,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/18481\/revisions\/28720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/18483"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=18481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=18481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=18481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}