Cases / Investment funds & advisory
MacQueen Capital Management, Dividend Reinvestment Fund LLC
Kenneth B. MacQueen
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- MacQueen Capital Management, Dividend Reinvestment Fund LLC
- Industry
- Hedge-style fund buying discounted stock via dividend reinvestment plans while shorting
- Pitch & red flags
- Promised "annual returns of between 22% and 30% net of expenses"; said he would "only take a fee from the profits"; claimed he "currently manages $16 million".
Pitch phrases from this case
- “annual returns of between 22% and 30% net of expenses”
- “currently manages $16 million”
- “only take a fee from the profits”
Source
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