Articles from Morris Kandinov LLP

Morris Kandinov LLP has announced an investigation of Bluerock Private Real Estate Fund (NYSE: BPRE) (the "Fund"), formerly known as Bluerock Total Income+ Real Estate Fund, its Board of Trustees (the "Board"), and its investment adviser, Bluerock Fund Advisor, LLC (the "Adviser"), for potential breaches of duty and other violations of law in connection with the Fund's conversion from an interval fund to a listed closed-end fund. Shareholders previously had the ability to redeem shares at the Fund's net asset value per share ("NAV"); as of today, the shares trade at an approximately 47% discount to NAV.

The law firm of Morris Kandinov LLP announces that purchasers or acquirers of common stock of Firsthand Technology Value Fund, Inc. (OTC: SVVC) (the “Fund”) between January 1, 2021 and November 14, 2023, both dates inclusive (the “Class Period”), have until May 20, 2025 to seek appointment as lead plaintiff in the pending class action lawsuit filed in the District of Maryland and captioned Star Equity Fund, LP v. Firsthand Capital Management, Inc., et al., No. 1:25-cv-00677-SAG (the “Firsthand Action”). The Firsthand Action charges the Fund’s investment adviser, Firsthand Capital Management Inc., certain of the Fund’s officers and directors, and the Fund’s valuation consultant, Scalar, LLC, with, among other things, violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Morris Kandinov LLP announced today that it has filed a motion to intervene on behalf of an investor in the Infinity Q Diversified Alpha Fund (IQDNX/IQDAX) to stop a proposed settlement in a pending class action that, if approved, would release millions of dollars of liability in exchange for a negligible settlement payment.