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Corporate & Securities Law

: FinancialCounsel

SNSFE Investigates Evergreen Ultra Short Opportunities Fund

By James Eccleston

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SNSFE is investigating mutual fund losses sustained in the Evergreen Ultra Short Opportunities Fund. SNSFE is investigating Wachovia's solicitation of thousands of investors to invest in the firm's proprietary bond funds.  These funds were sold as Class A,B,C, and I shares.  Evergreen and Wachovia represented the Evergreen Ultra Short Opportunities Fund to thousands of investors as being safe, conservative, and as being an alternative to money markets and depository accounts.  Un read more

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Full post as published by FinancialCounsel on July 02, 2008 (boomark / email).

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