BEVERLY HILLS, CA / ACCESS Newswire / July 23, 2025 / National investment loss and securities law firm KlaymanToskes issues an important notice to all investors in the Dynamic Absolute Return Fund (DARF), formerly known as the Dynamic Alpha Fund, a hedge fund managed by Lattice Capital Management, LLC, an affiliate of Elite Wealth Management. The law firm is currently representing investors who suffered losses of approximately $10,000,000. All investors who suffered losses in the Dynamic Absolute Funds are urged to contact the law firm immediately at 888-997-9956 for a free and confidential consultation to discuss potential recovery options.
KlaymanToskes reports that the law firm is currently preparing to file claims against Elite Wealth Management on behalf of customers of Fariba Ronnasi and Allan Dadgar, following allegations of mismanagement and unsuitable recommendations to invest inthe Dynamic Absolute Return Fund (DARF), which has experienced catastrophic losses in 2025.
Fariba Ronnasi has been the subject of five customer disputes that have resulted in nearly $3 million in recoveries to investors. One case (no. 1160021881) resulted in a $1.1 million award in favor of the investors.
In August 2024, the Dynamic Alpha Fund, managed by Lattice Capital Management reported monthly losses of -40.7% and year-to-date losses of -36.2%, citing extreme market volatility. These losses triggered a liquidation of the fund’s positions and a shift to cash and U.S. Treasuries. The fund was subsequently rebranded and restructured under the new name, Dynamic Absolute Return Fund, adopting a revised strategy. The Fund continued into 2025 under its new name but suffered catastrophic losses, raising further concerns about its management.
Investors who suffered losses in the Dynamic Absolute Return Fund (DARF), the Dynamic Alpha Fund, or other funds managed by Lattice Capital Management, Elite Wealth Management are encouraged to contact attorney Steven D. Toskes at (888) 997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss potential recovery options.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $600 million in Securities Litigation and FINRA Arbitration matters. KlaymanToskes has office locations in California, Florida, Nebraska, New York, and Puerto Rico.
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Steven D. Toskes, Esq.
KlaymanToskes, P.A.
+1 888-997-9956
investigations@klaymantoskes.com