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Louis Navellier ready to present 'extremely strong defense' to daunting SEC fraud charges

The Florida-based mutual fund owner says he advertised using GIPS-compliant material such that: 'I didn't sell this at all'

Author James Picerno
September 19, 2017 at 12:19 AM
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Louis Navellier: All Navellier and sub-advised portfolios have GIPS-complaint fact sheets and we have been GIPS-compliant for 20-plus years.

Related Moves

November 18, 2022 at 2:56 AM

Paul M

Paul M

September 20, 2017 — 4:27 PM
“the fact sheet disclosed that you couldn’t invest in an index.” … “We have an extremely strong defense” Navellier says Howard Present felt the exact same way. Famous last words


December 15, 2017 — 7:53 PM
Jeff Cerutti and John McCormack should both be investigated by the SEC. SEC should piece together when they knew of this fraud, how they continued to push all of the Regional Directors at Virtus to knowingly sell a fake track record, and the SEC should look at those 2 for stock gains if they sold based on insider information which could be insider trading

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