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Home | News | 2015 | Wintergreen Advisers Sees Possible Securities Law Violations at Consolidated-Tomoka

For the period ending March 31, 2018, the Fund's 1-year, 5-year, 10-year, and since inception (10/17/05) average annual returns for the Investor Class were 0.70%, 2.48%, 3.39%, and 5.48%, respectively, and the 1-year, 5-year, and since inception (12/30/11) average annual return for the Institutional Class were 0.97%, 2.72%, and 4.84%, respectively. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Shares redeemed within 60 days of purchase are subject to a 2.00% redemption fee. As stated in the current prospectus, the Fund's total annual operating expense ratio for Investor Class shares (WGRNX) is 1.95%, and Institutional Class shares (WGRIX) is 1.70%. Click here to view the Fund's most recent month-end performance data.


Wintergreen Advisers Sees Possible Securities Law Violations at Consolidated-Tomoka

December 17, 2015

New York, NY - (Business Wire) - Wintergreen Advisers, LLC (Wintergreen) today announced that it submitted the following letter to the independent directors of Consolidated-Tomoka Land Company (NYSE:CTO, CTO). Wintergreen believes CTOs recent public filings have not met the standards set forth in various federal securities laws. Furthermore, Wintergreen believes that CTO's management, led by John Albright, is actively trying to deceive shareholders with filings, investor presentations, and disclosures that obfuscate, confuse and hide what is really going on at CTO, including the trading of a blind pool with borrowed money. Wintergreen believes that CTO's management violated both the letter and the spirit of multiple laws, and in light of this, expects CTO's Board of Directors to conduct a thorough and independent inquiry.


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