Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Citgroup Inc's Falcon and ASTA/MAT hedge funds.  According to the Wall Street Journal, these funds were marketed as "low risk," but have lost 75% or more in value since their introduction last year.  According to the report, Citigroup relied heavily on Smith Barney's retail brokers to sell these funds, and they were marketed as "ideal investments for conservative retirees."  Nonetheless, by the end of March, these funds were worth only a fraction of their initial value.

If you are a shareholder in the Falcon or ASTA/MAT hedge funds and would like to discuss this case, please contact Finkelstein Thompson LLP's Washington D.C. office.  We can be reached, toll free, at (877) 337-1050, or via This email address is being protected from spam bots, you need Javascript enabled to view it .