Saturday, January 16, 2010

Aidikoff, Uhl & Bakhtiari Announces Investigation of Losses in Highland Capital Floating Rate Funds

Aidikoff, Uhl & Bakhtiari is investigating the sales practices of brokerage firms that recomended the Highland Capital Floating Rate Fund to it's customers as a safe, consercative, preservation of capital investment.

The Highland Capital Floating Rate Fund had anappettite for structured vehicles such as CLOs and floating rate bank loans. The floating rate bank loans often carry substantial credit risk. Accrording to Morninstar analyst, the fund was plagued by problems and corrective action had not yet created a sufficient recovery.

For more information or to discuss your investment in the fund, please contact us.

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