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Welcome to Last Atlantis Capital Management. Last Atlantis is a full-service alternative asset manager building a comprehensive platform of products for sophisticated investors seeking access to unique, closed, non-correlated, or tailored investments that are structured to suit specific investment objectives. We offer investors onshore and offshore products including master-feeder funds and managed futures accounts. Our mission At Last Atlantis, we combine our strategy development capabilities, industry experience, trading expertise and access to high quality alternative investment products to provide superior risk-adjusted returns to our investors. We seek to provide our clients innovative investments and ideas, and are committed to the continual development of quality talent and exceptional investment vehicles. Press Release 11-1-2009: Last Atlantis Cleared of Interactive
Brokers Allegations in FINRA
Arbitration Last Atlantis Capital Management is very pleased to announce the positive resolution of its legal dispute with Interactive Brokers. In May 2007 Interactive Brokers accused LACM of various wrongdoings including illegal trading and common law fraud and proceeded to file an arbitration claim with FINRA in August of 2007. IB’s actions also prompted the NFA to investigate Last Atlantis, and without verifying any of the facts, the NFA filed an MRA against LACM containing strikingly similar language to the IB allegations filed in the arbitration. Throughout this ordeal Last
Atlantis refused to buckle under the pressure of Interactive Broker’s vast
financial resources and legal attack. We continued to defend the interests of
our investors by mounting a legal defense that took two years and millions of
dollars with the able help of our legal team, led by Tony Valiulis and Late last week, the FINRA arbitration panel submitted their final ruling
and we are pleased to say that all of Interactive
Brokers’ claims have been dismissed and Last Atlantis has been cleared of all charges.
We always contended that IB’s claims were completely baseless, and we are
pleased that the FINRA Panel agrees with us. This award vindicated Last
Atlantis on every single issue and is gratifying, but nonetheless LACM will not
rest until we determine that everything has been done to protect all our
investors’ interests. Accordingly, we intend to pursue any additional
legal recourse that may be available to Last Atlantis and its investors,
either in or outside of the FINRA arbitration process. We have
used our down time during the legal battle with IB to research and test the
next phase of our proprietary strategy that has in the past delivered
consistent, high risk-adjusted returns. Now that this matter is behind us and our trading strategy has been vindicated, we are moving forward and are announcing the launch of a new fund which is available to investors starting November 1, 2009. The new fund is a combination of our traditional strategies and the implementation of additional phases of our core strategy. We believe the new fund will produce similar returns to those of the original Share Class “O” fund. Please contact us at 630-762-8242 to receive further information about our new fund. |
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