Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Wildermuth Fund To Contact Him Directly To Discuss Their Options
If you purchased or acquired Class A (WESFX), Class C (WEFCX), and/or Class I (WEIFX) shares in the Wildermuth Fund from November 1, 2020 through June 29, 2023 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.
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NEW YORK, Nov. 01, 2025 (GLOBE NEWSWIRE) --
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against the Wildermuth Fund (“Wildermuth” or the “Company”) (NASDAQ: WEFCX, NASDAQ: WESFX. NASDAQ: WEIFX) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Wildermuth Class A (WESFX), Class C (WEFCX), and/or Class I (WEIFX) shares between November 1, 2020 through June 29, 2023, both dates inclusive (the “Class Period”). Investors have until December 29, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Allegation Details:
- Wildermuth Fund (the “Fund”) is a closed-end investment company that operated as an interval mutual fund registered under the Investment Company Act of 1940, and Wildermuth Advisory, LLC (the “Adviser”) served as the Fund’s investment adviser until November 1, 2023. WithumSmith+Brown, PC’s was the Fund’s auditor during the Class Period.
- The Class Action alleges that, during the Class Period, Defendants violated the Securities Exchange Act of 1934 and the Investment Company Act of 1940, by (1) miscalculating the fair value of the Fund’s investments without sufficient, reliable evidence to support them; (2) failing to disclose that certain portfolio companies with questionable going concern value were being propped up with monthly cash infusions by the Fund; and (3) intentionally inflating the Fund’s net asset value, leading to the payment of excessive and unearned advisory fees to the Adviser, all of which damaged Class members.
Next Steps:
- If you purchased or otherwise acquired Wildermuth shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
