On July 31, 2019, Judge George H. Wu of the U.S. District Court for the Central District of California released tentative findings of fact and conclusions of law dismissing an excessive fee claim brought under Section 36(b)...more
8/9/2019
/ Board of Trustees ,
Dismissals ,
Excessive Fees ,
Gartenberg Factors ,
Investment Adviser ,
Investment Company Act of 1940 ,
Investment Management ,
Judicial Deference ,
Reverse Manager of Managers Theory ,
Section 36(b) ,
Third-Party Service Provider
In an opinion unsealed on July 3, 2019, Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York granted summary judgment to a mutual fund adviser and dismissed an excessive fee claim brought...more
7/15/2019
/ Arms Length Transactions ,
Board of Directors ,
Dismissals ,
Excessive Fees ,
Financial Adviser ,
Investment Adviser ,
Investment Company Act of 1940 ,
Mutual Funds ,
Retail Investors ,
Section 36(b) ,
Summary Judgment