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Levi & Korsinsky, LLP announces that a class action lawsuit has commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Virtus Investment Partners Inc. (Nasdaq: VRTS) securities who purchased shares between May 28, 2013 and December 22, 2014.

Virtus marketed and offered funds with an “AlphSector” strategy through a relationship with investment advisor firm F-Squared Investments, Inc. The complaint alleges that defendants concealed from the investing public that past results of the AlphaSector funds were grossly overstated and inflated, and that as a result, the Company’s stock traded at artificially inflated prices during the class period. On December 22, 2014, the SEC announced it had formally charged F-Squared and its President for fraud and other violations of the Investment Advisors Act of 1940, and that it had reached a settlement with F-Squared regarding those charges. If you suffered a loss in Virtus you have until April 21, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

Request More Information

Levi & Korsinsky, LLP does not share your information with others. There is no cost or obligation for you to submit.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained Levi & Korsinsky, LLP to represent you as a named plaintiff in a shareholder action involving Virtus Investment Partners Inc.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Virtus shareholders.


Levi & Korsinsky,LLP

Joseph Levi

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