On March 30, 2020, 10 years to the day after the Supreme Court issued its decision in Jones v. Harris, 559 U.S. 335 (2010), the U.S. Court of Appeals for the Sixth Circuit issued the first published federal appellate decision...more
On March 9, 2018, the U.S. District Court for the Southern District of Ohio entered summary judgment for defendants in an action brought under Section 36(b) of the Investment Company Act of 1940. The plaintiffs in the action...more
In a case closely watched by the mutual fund industry, the federal district court in New Jersey ruled on Thursday in favor of a mutual fund’s investment adviser and against the shareholders who had brought the lawsuit under...more
8/29/2016
/ Actual Damages ,
Board of Directors ,
Burden of Proof ,
Credibility ,
Excessive Fees ,
Expert Testimony ,
Fiduciary Duty ,
Gartenberg Factors ,
Investment Adviser ,
Judicial Deference ,
Mutual Funds ,
Section 36(b)