An investigation for investors in Third Avenue Focused Credit Institutional Fund (MUTF:TFCIX) and in Third Avenue Focused Credit Investor Fund (MUTF:TFCVX over potential securities laws violations was announced.

San Diego, CA -- (SBWire) -- 01/25/2016 --An investigation for shareholders in shares of Third Avenue Focused Credit Institutional Fund (MUTF:TFCIX) and of Third Avenue Focused Credit Investor Fund (MUTF:TFCVX) over potential securities laws violations by Third Avenue Focused Credit Fund was announced.

Those who invested in Third Avenue Focused Credit Institutional Fund (MUTF:TFCIX) and in Third Avenue Focused Credit Investor Fund (MUTF:TFCVX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements by Third Avenue Focused Credit Fund regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On December 9, 2015, Third Avenue Management, LLC, managers of Third Avenue Focused Credit Fund, announced to shareholders of their intent to halt all redemptions.

Some analysts say that they had to stop redemptions to allow for an orderly liquidation. Following this news, on December 14, 2015, it was reported that the U.S. Securities and Exchange Commission ("SEC") is looking into the circumstances of the liquidation freeze.

The mutual fund invested in high yielding loans and securities issued by struggling companies. In a 2012 investor commentary a fund manager challenged the illiquidity "myth" of distress investing and reassured investors that keeping excess cash on hand and limiting assets to less than $3 billion would allow the fund to meet its financial obligations.

In July of 2014, the Third Avenue Focused Credit Fund reached $3.5 billion in assets, exceeding the limits set forth in the portfolio strategy. As investors began withdrawing their money the fund reportedly lost nearly 30% through December 9 of 2015.

Those who invested in Third Avenue Focused Credit Institutional Fund (MUTF:TFCIX) and in Third Avenue Focused Credit Investor Fund (MUTF:TFCVX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com